What is Layer 1 in Blockchain? (Explained with Animations)

What is Layer 1 in Blockchain and What Does Blockchain's Layer 1 mean? A base network's core infrastructure, such as that of Bitcoin, BNB Chain, or Ethereum, is called Layer 1. Without a second network, layer-1 blockchains can validate and complete transactions. As we have seen with Bitcoin, increasing the scalability of layer-1 networks is challenging. As a fix, developers develop layer-2 protocols that rely on the layer-1 network for consensus and security as a layer. One example of a layer-2 protocol is the Lightning Network, used by Bitcoin. Before entering their transactions into the main chain, users are free to do so. #blockchainlayer1 #layer1blockchain #whatislayer1

⏰ Timestamps
00:00 Intro
01:00 What is layer 1 blockchain?
03:07 How does layer 1 sharding work?
03:46 Blockchain layer 1 vs layer 2
04:50 Blockchain layer 1 examples


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