Questions tagged [layer 1]

Giulia Mon Jun 17 2024 | 7 answers 803

Could you please clarify for me? Is Chainlink considered a layer 1 or layer 2 solution in the blockchain ecosystem? I've been hearing different opinions on this, and I'm trying to get a definitive answer. Layer 1 refers to the main blockchain itself, while layer 2 usually pertains to scalability solutions built on top of layer 1. So, where does Chainlink fit into this categorization? I'd appreciate your insights on this matter.

DongdaemunTrendsetterStyleIconTrend Sun Jun 16 2024 | 6 answers 1308

Could you please explain what is meant by the term "Bitcoin Layer 1" in the context of cryptocurrencies? I'm curious to know how it differs from other layers and what its significance is within the Bitcoin ecosystem. Also, could you elaborate on the functionalities and features that Bitcoin Layer 1 offers? It would be helpful if you could provide a brief overview of its role in maintaining the security and scalability of the Bitcoin network. Thank you for your assistance in clarifying this concept.

Ilaria Wed Jun 05 2024 | 5 answers 1208

Could you please clarify for me if rose qualifies as a layer 1? I've been trying to understand the intricacies of blockchain technology and its various layers, but I'm still a bit hazy on the specifics. Layer 1, as I understand, refers to the main blockchain protocol itself, but I'm not sure if rose fits into that category. Could you enlighten me on this matter? Your expert opinion would be greatly appreciated.

GyeongjuGlory Wed Jun 05 2024 | 7 answers 1578

Could you please clarify for me whether Oasis Rose qualifies as a layer 1? I've been hearing different opinions about this, and I'm trying to get a more definitive answer. Is it considered a fundamental, standalone blockchain that operates independently, or does it rely on another layer for its core functionalities? If it's the former, could you elaborate on the unique characteristics or advantages it offers as a layer 1? And if not, how does it fit into the larger blockchain ecosystem? I'm really interested in understanding this more deeply. Thank you for your time and expertise.

Lorenzo Wed May 29 2024 | 7 answers 1652

Could you please clarify for me if CKB qualifies as a layer 1 in the context of blockchain technology? I'm trying to understand its position within the cryptocurrency ecosystem and how it differs from other layers. Could you also explain what makes a blockchain layer 1 and how CKB specifically fulfills that role? I'm particularly interested in its functionalities and how it interacts with other components of the blockchain infrastructure. Thank you for your assistance in clarifying this matter.