📚 What is Layer 2 in Crypto? (Simple Explanation)

Layer 2 is built on top of a blockchain (like Ethereum) to make it faster and cheaper 🚀

In simple terms:

• ⚡ It speeds up transactions without changing the main blockchain

• 💸 It reduces gas fees (so you pay less)

• 🔒 It still uses Layer 1 security, so funds stay safe

Popular Layer 2s: Arbitrum, Optimism, Base, Polygon

💬 Do you think Layer 2 will dominate Ethereum in the future?

#cryptoeducation #learncrypto #Layer2 #altcoins #BinanceSquare

ARB

0.1097

-3.43%

OP

0.1826

-4.09%

BULLA

Alpha

0.025094

-0.66%