Second-Layer Solutions
What is Second-Layer Solutions
A secondary framework or protocol that is added on top of an existing blockchain system is referred to as layer 2. These protocols’ principal objective is to address the scale and transaction performance issues that the major cryptocurrency networks are now experiencing.
For instance, it is damaging to the long-term development of Bitcoin and Ethereum as they are still unable to handle thousands of transactions per second (TPS). Before these networks can be efficiently embraced and used on a larger scale, better throughput is required.
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