Layer 2 chains process new transactions faster while reducing the load on Layer 1 and typically taking lower fees. A connection (channel, bridge, etc.) is opened between Layer 1 and Layer 2 ...

Zoe Hansen / Investopedia Layer 1 and Layer 2 are both scaling solutions designed to improve the processing speed of blockchain networks. Layer 1 scaling solutions are changes made to a blockchain ...

Yet in doing so, L2s still rely on the security of the L1. The widely adopted layer-2 chain for Bitcoin is called the Lightning Network. It lets people pay for things in Bitcoin without requiring ...

Uniswap Labs, the primary developer behind one of the largest decentralized exchanges (DEX), Uniswap, shared Tuesday that its long-awaited layer-2 network, Unichain, is now live. Powered by ...

Hamster Kombat has introduced a layer-2 blockchain, Hamster Network, on The Open Network (TON) to support Web3 gaming and decentralized applications, the project announced on Feb. 25. Hamster ...