DURIANIST DECIPHER - No.03
Blockchain Layer 1: The Foundation of Decentralized Networks
In the realm of blockchain technology, "Layer 1" refers to the base level of a blockchain architecture, the foundational layer that underpins all network operations, including transaction processing, consensus mechanisms, and data storage. Layer 1 solutions are crucial because they determine the scalability, security, and decentralization level of a blockchain network.
Understanding Layer 1 📖
At its core, a Layer 1 blockchain is the main network where transactions occur and are recorded. Bitcoin and Ethereum are prime examples of Layer 1 blockchains, each with its unique features, consensus mechanisms, and scalability solutions.
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👉 Read More: Here (https://x.com/duriannetwork/status/1762706016532320531?s=20)