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The Layer 2 ecosystem is evolving quickly and allowing its users to experience a faster, safer, and lower-cost encryption process. It can save up to 80% on transaction fees. Layer 2 was created on top of the Ethereum (Layer 1) blockchain to increase its productivity, help it scale, and meet demand; Ethereum itself can only process approximately 15 transactions per second. Think of it as an extension of Ethereum. The main goal is to increase transaction speed and output without compromising the integrity of the platform. The most preferred Layer 2 solution is rollups. Rollups bundle hundreds of transactions into ONE transaction which divides the fees between everyone in the rollup; transactions are implemented outside of Ethereum but are listed within the blockchain, gaining the security.
The world’s most secure bitcoin wallet to store your savings.
No electronic components, giving it resistance to hackers, strikes, fires and floods.
Military grade quality
Note: Use code CRYPTOMERCHANT at checkout for $5 off
