Cryptocurrency Q&A
Is Gnosis an L2?
Is Gnosis an L2?
SamuraiHonor
Thu Nov 14 2024
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7 answers
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I'm exploring the concept of Gnosis and its relation to the blockchain technology. Specifically, I want to know if Gnosis is considered as an L2 solution, which typically refers to a secondary layer built on top of an existing blockchain to improve its scalability and efficiency.
7 answers
DigitalDragon
Fri Nov 15 2024
The Gnosis Pay Network is designed to operate on a Layer 2 (L2) solution.
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CryptoVanguard
Fri Nov 15 2024
By leveraging Polygon's zkEVM, Gnosis Pay Network aims to achieve gasless transactions.
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CryptoAlchemy
Fri Nov 15 2024
This L2 solution is based on Polygon's zkEVM technology.
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Federico
Fri Nov 15 2024
Gasless transactions mean users won't have to pay for transaction fees, enhancing user experience.
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CryptoLegend
Fri Nov 15 2024
Additionally, the L2 solution will provide instant confirmations.
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