Can l2s work in the US?
I'm wondering if l2s is operable or functional in the United States. I need to know if it can be used there without any issues.
Does Ledger support L2s?
Excuse me, I was wondering if you could clarify something for me. I've been hearing a lot about Layer 2 solutions in the crypto space and I'm curious if Ledger, being a reputable hardware wallet provider, supports these L2s? It would be great if you could elaborate on this as I'm looking to expand my crypto holdings and would like to know if Ledger offers the flexibility to store my L2 tokens securely. Thank you in advance for your time and assistance.
How do L2s work?
Could you elaborate on the workings of Layer 2 solutions in the cryptocurrency space? How do they help alleviate some of the scalability and transaction speed issues that are often associated with Layer 1 blockchains? Additionally, what are the main benefits and drawbacks of implementing Layer 2 solutions, and how do they compare to alternative scaling methods? I'm particularly interested in understanding the technical mechanisms behind these solutions and how they interact with the underlying Layer 1 blockchain.