Crypto Education - Layer 2 Blockchain Solutions Explained | Animation | Cryptomatics

In this video, we will explain what Layer-2 blockchain solutions are and what their purpose is. We will also take a look at the most common types of Layer-2 solutions.

Layer-2 scaling solutions increase throughput and do so without tampering with any of the original security or decentralization characteristics that are integral to the original blockchain. Simply put, they take a portion of a Level-1 blockchain’s transactional burden and shift it to another system architecture. The Layer-2 blockchain will then handle the processing load and report to the main blockchain for result finalization.

Since much of the data processing is shifted to this adjacent architecture, the Layer-1 blockchain becomes less congested, which, in turn, improves scalability. For example, Bitcoin is a Layer-1 network, and the Lightning Network is a Layer-2 solution that was built to improve transaction speeds on the Bitcoin network.

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🔥CryptoRobin 👉    / @cryptorobineng  

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Chapters -

0:00 Intro
0:27 What Are Layer-2 Solutions and How Do They Work?
1:48 Types of Layer-2 Solutions
4:10 Conclusions
5:07 Outro

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⛓️ 🔗 Useful Links 🔗⛓️

►https://www.gemini.com/cryptopedia/bl...
►https://coinmarketcap.com/alexandria/...
►  / layer-1-vs-layer-2-what-you-need-to-know-a...  
►https://101blockchains.com/ethereum-l...

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