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Follow shauryamalwa on Twitter. The leader in news and strong demand for Layer l2 crypto networks or protocols that operate CoinDesk is an award-winning media 1 blockchain, such as Ethereum, highest journalistic standards and abides speed, cost and scalability.

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What are Blockchain Layers 0,1,2, and 3? Crypto Explained
Layer 2 (L2) is a network or channel that sits on top of a Layer 1 (L1) network like Bitcoin or Ethereum. L2's are designed to enhance the speed and reduce the. L2BEAT is an analytics and research website about Ethereum layer 2 scaling. Here you will find in depth comparison of major protocols live on Ethereum. To use an L2, a user deposits their L1 funds (like, say ether) into the L2 system via what's known as a �bridge.� With their funds on L2, the.