Layer 1 (L1)
The base blockchain protocol such as Bitcoin or Ethereum that forms the foundation of the network's infrastructure.
Frequently Asked Questions: Layer 1 (L1)
What is Layer 1 (L1)?
The base blockchain protocol such as Bitcoin or Ethereum that forms the foundation of the network's infrastructure.
Why is Layer 1 (L1) important in cryptocurrency?
Layer 1 (L1) is a key concept in the cryptocurrency and blockchain ecosystem. Understanding Layer 1 (L1) helps investors, developers, and users navigate the digital asset space more effectively.
