Layer 2 | Vibepedia
Layer 2 refers to a set of scaling solutions designed to improve the efficiency and scalability of blockchain networks, such as Ethereum, by processing transact
Overview
Layer 2 refers to a set of scaling solutions designed to improve the efficiency and scalability of blockchain networks, such as Ethereum, by processing transactions off-chain and then settling them on the main chain. This approach enables faster and cheaper transactions, making it more suitable for widespread adoption. Companies like Optimism, Arbitrum, and Polygon are leading the development of Layer 2 solutions, with support from prominent figures like Vitalik Buterin and Joe Lubin.