Layer 1 Showdown: Modularity Vs. Monolithic Design
Layer 1 blockchains are the foundational infrastructure of the decentralized world, representing the very base upon which decentralized applications (dApps), layer 2 solutions, and the entire web3 ecosystem are built. Understanding these foundational layers is critical for anyone seeking to navigate the complex landscape of blockchain Technology, whether you're a developer, investor, or simply a curious enthusiast. This comprehensive guide delves into the intricacies of layer 1 blockchains, exploring their functions, challenges, and the innovations driving their evolution.
What is a Layer 1 Blockchain?
Defining Layer 1
A layer 1 blockchain, often simply referred to as L1, is the base protocol or architecture that forms the underlying infrastructure of a blockchain network. It's the core b...