What are layer 3 blockchains?
Layer 3 blockchains are advanced protocols built on existing Layer 2 solutions, providing interoperability and application-specific functions. They aim to further enhance scalability, support complex dApps, and enable customization, while inheriting the security of Layer 1 blockchains. Examples of Layer 3 protocols include Orbs, Arbitrum Orbit, and zkSync Hyperchains.
What is blockchain technology used for?
I want to understand the practical applications and uses of blockchain technology. I'm curious about what specific purposes this technology serves and how it's being utilized in various industries and sectors.
What are STARKs on Starknet?
STARKs on Starknet are a type of cryptographic proof system that enables scalability and efficiency by allowing large computations to be performed off-chain, with only a small proof needing to be verified on-chain. This significantly reduces the computational requirements and costs associated with blockchain transactions, making it an attractive solution for Ethereum scaling.
What is the future potential of Algorand?
I'm interested in understanding the future potential of Algorand. I want to know about its possible growth, adoption, and any unique features or use cases that could make it stand out in the crypto market.
Who are the big 4 of the blockchain technology?
I'm interested in learning about the top players in blockchain technology. Specifically, I want to know who are considered the big 4 in this field.