@samanehz
Key Features of Ethereum Layer 2
1. Higher Scalability β Allows more transactions per second (TPS) compared to Layer 1.
2. Lower Gas Fees β Reduces transaction costs significantly compared to executing transactions on the mainnet.
3. Maintains Security of Layer 1 β Utilizes cryptographic proofs (such as fraud proofs in Optimistic Rollups and validity proofs in ZK-Rollups) to ensure security.
4. Faster Transactions β Transactions are confirmed quickly without waiting for new Ethereum blocks.
5. Interoperability β Enables seamless interaction with DeFi protocols, blockchain games, and NFTs.