Cryptocurrency Q&A What is L1, L2, and L3 in crypto?

What is L1, L2, and L3 in crypto?

CryptoLordess CryptoLordess Fri Oct 25 2024 | 7 answers 1071
I'm trying to understand the different levels of crypto, specifically L1, L2, and L3. What do these terms mean in the context of cryptocurrency and blockchain technology? I want to know how they differ and what their roles are. What is L1, L2, and L3 in crypto?

7 answers

CryptoQueen CryptoQueen Sun Oct 27 2024
Layer 1 constitutes the fundamental layer of a blockchain network.

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TaekwondoMaster TaekwondoMaster Sun Oct 27 2024
It offers the essential framework that supports the entire system.

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CryptoAlchemy CryptoAlchemy Sun Oct 27 2024
Without Layer 1, a blockchain network would lack its CORE structure.

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DigitalEagle DigitalEagle Sat Oct 26 2024
Moving on, Layer 2 serves as an enhancement to Layer 1.

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Alessandra Alessandra Sat Oct 26 2024
It is an overlaying network that improves scalability and introduces additional features.

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