btc$97,5422.34%
eth$3,4211.87%
sol$187.500.92%
ada$0.89003.21%
xrp$2.451.15%
dot$8.924.56%
avax$38.702.10%
link$18.300.45%
btc$97,5422.34%
eth$3,4211.87%
sol$187.500.92%
ada$0.89003.21%
xrp$2.451.15%
dot$8.924.56%
avax$38.702.10%
link$18.300.45%
Technology

Layer 1

The base blockchain architecture, such as Bitcoin or Ethereum, that processes and finalizes transactions.

Layer 1 refers to the base blockchain network that processes and finalizes transactions directly on the main chain. Examples include Bitcoin, Ethereum, Solana, and Avalanche.

Layer 1 characteristics include consensus mechanism implementation, native cryptocurrency, transaction finality on main chain, and security guarantees.

Layer 1 comparison: Bitcoin focuses on security and decentralization, Ethereum balances programmability and security, Solana prioritizes speed and throughput, and Avalanche emphasizes customizable subnets.

Layer 1 scaling solutions include larger block sizes, faster block times, sharding, and parallel processing.

For more detailed information, see the Wikipedia article on Layer 1

Related Technology Terms