Layer 1 Scalability: The Quantum Leap Of Consensus
Layer 1 blockchains are the bedrock of the decentralized world, the foundational infrastructure upon which all other applications and services are built. Understanding layer 1 is crucial for anyone involved in cryptocurrency, blockchain Technology, or decentralized applications (dApps). This post delves into the intricacies of layer 1 blockchains, exploring their core functionalities, limitations, and the innovative solutions being developed to address them.
What is a Layer 1 Blockchain?
Defining Layer 1
A Layer 1 blockchain is the base protocol of a blockchain network. It handles transaction validation, consensus mechanisms, and data storage directly on its own chain. Think of it as the main road in a city; all traffic must pass through it. Examples of prominent layer 1 blockchains includ...