What is a blockchain Layer 1 vs. Layer 2?

Layer 1 and Layer 2 are terms used in blockchain technology to describe different levels of network architecture. Layer 1 represents the primary blockchain layer, which serves as the foundation of a blockchain network. Examples of Layer 1 blockchains include Bitcoin, Ethereum, and BNB Chain. These networks handle the main transactions and data storage of…

Read more about What is a blockchain Layer 1 vs. Layer 2?