(1) The distinction between a main Layer 1 blockchain such as Bitcoin and Ethereum and a Layer 2 blockchain such as rollup chain. A third layer separates even more functions. See Layer 1 blockchain, ...
As the world edges closer to a decentralized digital future, the importance of foundational blockchain structures, especially Layer 1 protocols, cannot be overstated. These protocols determine the ...
But First, What Is Blockchain? Blockchain is a fundamental concept in understanding the way cryptocurrency works. But it's not only limited to its application in crypto. The blockchain is a database ...
Blockchain has progressed an atrocious long way from the good old 2009 days of Bitcoin. Its objective of decentralization, transparency, and security has revolutionized digital currency, but there is ...
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days. Ethereum layer 3 blockchain Degen Chain has failed to validate a transaction ...
An independent blockchain acting in concert with Bitcoin, Ethereum or other major chain, which retroactively became known as "Layer 1 chains" or "main chains." Layer 2 chains process new transactions ...