Name: What is LAYER 1 & LAYER 2 BLOCKCHAIN in Hindi? Difference between L1 & L2 Blockchain |
Uploaded: 2025-01-08T07:05:57+00:00
Duration: 8 min 33 s
Description: L1 (Layer 1) The base blockchain (e.g., Bitcoin, Ethereum). Handles security, consensus, and decentralization. Slower and less scalable due to high demand. L2 (Layer 2) Built on top of L1 to improve s

1 year ago

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Finance & Crypto Cryptocurrency Blockchain CryptoNews DeFi (Decentralized Finance) NFTs (Non-Fungible Tokens) Bitcoin Ethereum Web3 CryptoTrading CryptoInvestment

L1 (Layer 1)

The base blockchain (e.g., Bitcoin, Ethereum).

Handles security, consensus, and decentralization.

Slower and less scalable due to high demand.

L2 (Layer 2)

Built on top of L1 to improve scalability and reduce costs.

Processes transactions off-chain but relies on L1 for security.

Examples: Polygon, Arbitrum, Optimism.

L2 enhances L1 by making blockchain faster and more efficient.

#Cryptocurrency, #Blockchain, #CryptoNews, #DeFi (Decentralized Finance), #NFTs (Non-Fungible Tokens), #Bitcoin, #Ethereum, #Web3, #CryptoTrading, #CryptoInvestment

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