The foundational blockchain architecture (e.g., Bitcoin, Ethereum) that provides security and finality for the entire network.
Layer 1 is the foundational blockchain that provides security, consensus, and data availability
Bitcoin and Ethereum are the most prominent L1 blockchains
L1 networks settle transactions permanently and serve as the trust anchor for L2 solutions
The trade-off is between decentralization, security, and scalability — the blockchain trilemma
Ethereum (L1) processes ~15 TPS with high decentralization and security. Arbitrum (L2) processes 4,000 TPS by batching transactions and settling on Ethereum. The L1 provides the ultimate security guarantee.
The moment at which it becomes impossible to change or revert a transaction once it has been added to the blockchain.
A fault-tolerant process used in blockchain systems to achieve the necessary agreement on a single data value or network state.
A secondary framework or protocol built on top of an existing blockchain (L1) to improve scalability and transaction speed.
A computer that participates in a blockchain network by storing, validating, and broadcasting transaction data.
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