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Bookmark or Share- What Are Layer-2 Networks and Sidechains? Ethereum Scaling ... - DecryptThe layer-2 networks use a variety of technologies to address scalability bottlenecks on the layer-1 blockchain, which are caused by throughput and transaction costs. Ethereum, for example, currently handles around 14 transactions per second (TPS), per blockchain explorer Etherscan. Visa, by comparison, processes around 65,000 transactions per ...
- What Are Ethereum Layer 2 Blockchains and How Do They Work?Ethereum Layer 2s Explained. Built on top of Ethereum, Layer 2 blockchains help speed up transaction processing while keeping the costs down for the L1 network. They do the heavy lifting of transactions that Ethereum cannot, simply because it wasn’t designed to prioritize speed.
- Layer 2 | ethereum.orgWhat is layer 2? Layer 2 (L2) is a collective term to describe a specific set of Ethereum scaling solutions. A layer 2 is a separate that extends Ethereum and inherits the security guarantees of Ethereum. Now let’s dig into it a bit more. To do this we first need to explain layer 1 (L1).
- Zero-knowledge rollups - ethereum.orgZero-knowledge rollups (ZK-rollups) are layer 2 scaling solutions that increase throughput on Ethereum Mainnet by moving computation and state-storage off-chain. ZK-rollups can process thousands of transactions in a batch and then only post some minimal summary data to Mainnet.
- What are Ethereum Layer-2 blockchains and how do they work?TL;DR: Ethereum Layer-2 blockchains are solutions designed to enhance the scalability of the Ethereum network. They operate on top of the Ethereum blockchain (Layer-1), inheriting its security while striving to provide faster and less costly transactions.
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