Cryptocurrency Q&A What is a bitcoin layer 2 network?

What is a bitcoin layer 2 network?

Silvia Silvia Tue Aug 06 2024 | 0 answers 0
Excuse me, could you please elaborate on what a Bitcoin Layer 2 network is? I'm interested in understanding how it works and how it differs from the traditional Layer 1 blockchain. Does it offer any specific advantages or limitations? Additionally, how does it fit into the broader ecosystem of cryptocurrencies and decentralized finance? What is a bitcoin layer 2 network?

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