btc$87,0001.50%
eth$3,2002.10%
sol$145.000.80%
ada$0.72001.20%
xrp$2.150.50%
dot$7.803.20%
avax$35.501.80%
link$16.200.30%
btc$87,0001.50%
eth$3,2002.10%
sol$145.000.80%
ada$0.72001.20%
xrp$2.150.50%
dot$7.803.20%
avax$35.501.80%
link$16.200.30%
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

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