Cryptocurrency Q&A What is L2 Ethereum?

What is L2 Ethereum?

Filippo Filippo Sat Nov 09 2024 | 7 answers 1526
I'm curious about L2 Ethereum. Could someone explain what it is and how it differs from the regular Ethereum network? I'd like to understand its background, functionality, and purpose within the blockchain ecosystem. What is L2 Ethereum?

7 answers

Martino Martino Sun Nov 10 2024
Layer 2 represents a category of solutions designed to enhance the scalability of the Ethereum network.

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CryptoQueenBee CryptoQueenBee Sun Nov 10 2024
Various layer 2 solutions have been proposed and implemented on Ethereum.

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SsangyongSpiritedStrengthCourage SsangyongSpiritedStrengthCourage Sun Nov 10 2024
These solutions operate on top of the Ethereum mainnet, which is often referred to as layer 1.

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BlockProducer BlockProducer Sun Nov 10 2024
Each of these solutions aims to address the scalability challenges faced by the network.

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BonsaiBeauty BonsaiBeauty Sun Nov 10 2024
By implementing layer 2 technologies, the Ethereum network can handle a greater number of transactions.

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