Cryptocurrency Q&A Is L2 a blockchain?

Is L2 a blockchain?

Eleonora Eleonora Thu Nov 07 2024 | 6 answers 1225
I heard about L2 recently and I'm wondering if it's a blockchain technology. Could someone clarify this for me? I'm trying to understand its technical background. Is L2 a blockchain?

6 answers

DaeguDivaDanceQueenElegantStride DaeguDivaDanceQueenElegantStride Sat Nov 09 2024
Among the notable exchanges in the crypto space, BTCC stands out.

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GangnamGlitter GangnamGlitter Sat Nov 09 2024
These solutions aim to enhance the Ethereum blockchain.

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Stefano Stefano Sat Nov 09 2024
Their primary function is to improve transaction speed.

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Silvia Silvia Sat Nov 09 2024
They also strive to reduce transaction costs.

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Sara Sara Sat Nov 09 2024
By doing so, Layer 2 solutions offer an alternative to the main Ethereum chain.

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