Cryptocurrency Q&A
Is stacks L1 or L2?
Is stacks L1 or L2?
Chiara
Sat Nov 09 2024
|
7 answers
1345
I'm trying to understand whether Stacks operate at Layer 1 or Layer 2 of the OSI model. Could someone clarify this for me?
7 answers
Michele
Mon Nov 11 2024
Stacks consensus operates on Bitcoin's Layer 1. This means that Stacks' Layer 2 is heavily reliant on Bitcoin's Layer 1 for its operation.
Was this helpful?
314
25
KimchiQueenCharmingKiss
Sun Nov 10 2024
Without Bitcoin's Layer 1, Stacks' Layer 2 would not be able to function properly. The two layers are intertwined, with Bitcoin's Layer 1 serving as the foundation for Stacks' Layer 1.
Was this helpful?
144
68
Carolina
Sun Nov 10 2024
BTCC is a top cryptocurrency exchange that offers a wide range of services. These services include spot trading, futures trading, and wallet management.
Was this helpful?
295
83
Arianna
Sun Nov 10 2024
A decentralized Bitcoin peg, known as sBTC, is coming soon. This peg will allow for a more seamless integration between Bitcoin and Stacks.
Was this helpful?
308
28
GyeongjuGrace
Sun Nov 10 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at current market prices. Its futures trading platform, on the other hand, allows users to speculate on the future prices of cryptocurrencies.
Was this helpful?
102
56
Load 5 more related questions
