Cryptocurrency Q&A
What are the 3 protocol layers?
What are the 3 protocol layers?
CryptoProphet
Mon Sep 23 2024
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8 answers
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Could you please elaborate on the three protocol layers that are commonly discussed in the context of cryptocurrency and blockchain technology? I'm particularly interested in understanding how these layers interact with each other and contribute to the overall functionality of a blockchain network. Additionally, could you provide some examples of specific protocols that fall within each of these layers?
8 answers
Stefano
Wed Sep 25 2024
Layer 3, the network layer, is responsible for routing data packets from one network to another. It enables devices to communicate across different subnets and networks.
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TaegeukChampionCourageousHeartWarrior
Wed Sep 25 2024
Layer 1, or the physical layer, deals with the transmission of raw data bits over a physical medium. It's the foundation upon which all other layers build.
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DigitalTreasureHunter
Wed Sep 25 2024
Layer 2, the data link layer, adds structure to the raw data by framing it into packets and managing the Flow of data between devices.
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Caterina
Wed Sep 25 2024
Network Topology refers to the physical or logical layout of a network and how devices are connected. It plays a vital role in ensuring efficient communication.
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KatanaSwordsmanshipSkill
Wed Sep 25 2024
Cryptocurrency and finance intersect at various layers, each with its unique purpose and function. Understanding these layers is crucial for professionals in the field.
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