Explore Layer 2 crypto networks that leverage base blockchains like Ethereum to enhance transaction speeds, reduce costs ...

An independent blockchain acting in concert with Bitcoin, Ethereum or other major chain, which retroactively became known as "Layer 1 chains" or "main chains." Layer 2 chains process new transactions ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. While blockchain technology promises transparency and ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

With Ethereum’s 8th birthday coming up on July 30th, Web3 has certainly come a long way. As the space has grown, however, the technology's scaling limitations have become harder to ignore. Any regular ...

It has reshaped our way of thinking about finance, ownership, and digital trust. From powering cryptocurrencies like Bitcoin to underpinning both decentralized finance, otherwise known as DeFi, and ...

The emergence of blockchain technology has created tremendous opportunities—but also tremendous challenges. Perhaps the greatest challenge is scalability. Well-known blockchains such as Ethereum and ...

As Bitcoin continues to grow in popularity, its original design, which supports only seven transactions per second, often struggles with scalability. This leads to higher fees and slower transaction ...