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Layer 2 blockchains are one of the most promising concepts in the crypto community. Many developers believe this technology can solve scalability issues and make blockchain usage significantly more affordable.
Why are Layer 2s so important? Explore this guide to see how they work and to learn more about their exciting applications.
Key Takeaways:
A Layer 2 is a secondary blockchain that’s built on top of a main blockchain system.
A Layer 2 blockchain uses the main chain's security and other features, while its own separate framework expands the system's capabilities.
The upcoming Ethereum Dencun upgrade is likely to impact Layer 2 blockchains and provide even more opportunities for their utilization.