Blockchain technology is organized into layers, each with a specific role in ensuring security, scalability and efficiency. Layer 0 provides the infrastructure, while layer 1 — e.g., Bitcoin, Ethereum ...

Blockchains, like Ethereum, can be slow and expensive. Having to spend $25 or more in gas fees for a single transaction is not ideal if you want to complete a decentralized finance (DeFi) trade.

In case you have engaged yourself in research relating to cryptocurrencies or blockchain, you would have definitely come across terms like layer one and layer two protocols. However, it is possible ...