Questions tagged [layer 1]

Enrico Thu May 23 2024 | 7 answers 1473

Could you please clarify for me whether XRP qualifies as a Layer 1 technology? I've been trying to understand the different layers within the blockchain ecosystem, and I'm a bit confused about where XRP fits in. Is it considered a foundational layer, akin to the base layer of other blockchain networks? Or does it operate at a different level, perhaps serving as a bridge or intermediary between other layers? Your expert insights would be greatly appreciated.

GeishaCharm Thu May 23 2024 | 6 answers 1399

Could you please clarify whether Sui is indeed classified as a Layer 1 blockchain? I'm trying to understand the architectural specifics of Sui and how it fits into the larger blockchain ecosystem. Is Sui designed to operate independently as a standalone blockchain, or does it serve as a complement to other Layer 1s? Additionally, what are the key features and functionalities that Sui offers as a Layer 1 blockchain, and how does it stand out from other solutions in the market? Thank you for your assistance in clearing up this confusion.

Nicola Wed May 22 2024 | 7 answers 1293

Could you please clarify for me whether Injective qualifies as a Layer 1 blockchain? I've been hearing a lot about different blockchain protocols and their classifications, but I'm still a bit fuzzy on the specifics. I understand that Layer 1 blockchains are those that operate independently, without relying on other blockchains for their functionality. Given this definition, would Injective be considered a standalone blockchain protocol? Or does it operate in a different manner, perhaps relying on other blockchains for certain functions? Thank you for your assistance in clarifying this matter for me.

charlotte_clark_doctor Wed May 22 2024 | 6 answers 1204

Could you please clarify for me if THETA qualifies as a layer 1 blockchain technology? I've been reading about it, but the information seems to vary. Some sources suggest it's a layer 1 protocol, while others mention it in the context of layer 2 solutions. I'm interested in understanding its fundamental architecture and positioning within the blockchain ecosystem. Would you mind providing some insight into this matter? Thank you for your assistance.

Maria Wed May 22 2024 | 6 answers 1346

Could you please clarify whether Fantom qualifies as a layer 1 blockchain? I've heard different opinions on this matter, and I'm curious to know your take. As I understand, layer 1 blockchains are the foundational layers that support the entire network, handling transactions and smart contracts. Given Fantom's scalability and performance capabilities, it seems like it could fit into this category. However, I'd like to hear your professional opinion on whether it indeed meets the criteria of a layer 1 blockchain. Thank you for your insight.