Questions tagged [layer 1]

Silvia Thu Jun 27 2024 | 5 answers 1052

I don't understand this question. Could you please assist me in answering it?

Giulia Tue Jun 25 2024 | 7 answers 1480

Excuse me, could you please clarify something for me? I've been hearing a lot about Conflux lately and I'm curious about its technical specifications. Specifically, is Conflux considered a Layer 1 solution? I've heard about Layer 1 blockchains and how they provide the fundamental infrastructure for decentralized networks, but I'm not entirely sure if Conflux falls into that category. If it is, could you elaborate on how it differs from other Layer 1 solutions? And if not, what would you classify Conflux as and why? I'd really appreciate your insights on this matter.

Carolina Fri Jun 21 2024 | 5 answers 1135

Could you please elaborate on whether ArcBlock is considered a Layer 1 solution in the blockchain landscape? Layer 1 solutions are often regarded as the foundational protocols that power the blockchain network itself, handling core functionalities like consensus mechanisms and block validation. Given ArcBlock's positioning as a blockchain-powered software platform for open business networks, I'm curious to know if it falls into this category or if it's rather a Layer 2 or Layer 3 solution, focusing on decentralized applications or other services built on top of existing blockchains. Your insights would be invaluable in clarifying this distinction.

SarahWilliams Wed Jun 19 2024 | 5 answers 794

Is Polymesh indeed categorized as a Layer 1 blockchain? Given its unique features and functionality, it seems to possess characteristics that might fall under the Layer 1 umbrella. However, the definition of Layer 1 can vary depending on context and specific criteria. Could you please clarify whether Polymesh meets the typical qualifications of a Layer 1 blockchain, and if so, how does it differ from other Layer 1 platforms? Additionally, what are the key benefits and limitations of considering Polymesh as a Layer 1, and how does this positioning impact its overall functionality and usage in the cryptocurrency and finance industry?

CryptoWizardry Tue Jun 18 2024 | 5 answers 1396

Could you please clarify for me if Flow is considered a Layer 1 blockchain? I've been reading about different blockchain architectures and I'm trying to understand the specific role and positioning of Flow within the cryptocurrency ecosystem. If Flow is Layer 1, how does it compare to other Layer 1 solutions like Ethereum or Solana? And if not, what layer does it belong to and how does it interact with Layer 1 blockchains? Thank you for your assistance in clarifying this matter.