Layer 1 network: Difference between revisions
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imported>Doug Williamson (Create page - source - Binace Academy - https://academy.binance.com/en/articles/what-is-layer-1-in-blockchain) |
imported>Doug Williamson (Correct typo 'ethereum'.) |
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A layer 1 blockchain network is one that can validate and finalise transactions itself, without the need for any other network. | A layer 1 blockchain network is one that can validate and finalise transactions itself, without the need for any other network. | ||
Examples include Bitcoin and | Examples include Bitcoin and Ethereum. | ||
| Line 24: | Line 24: | ||
* [[Distributed ledger]] | * [[Distributed ledger]] | ||
* [[Ether]] | * [[Ether]] | ||
* [[Ethereum]] | |||
* [[Fintech]] | * [[Fintech]] | ||
* [[Layer 2 network]] | * [[Layer 2 network]] | ||
Latest revision as of 13:08, 21 July 2022
Blockchain.
(L1).
A layer 1 blockchain network is one that can validate and finalise transactions itself, without the need for any other network.
Examples include Bitcoin and Ethereum.
See also
- Altcoin
- Bitcoin
- Blockchain
- Blockchain Governance Initiative Network (BGIN)
- Centralised finance
- Coin
- Crypto-assets
- Cryptocurrency
- Data
- Database
- Decentralised finance (DeFi)
- Digital asset
- Digital currency
- Distributed ledger
- Ether
- Ethereum
- Fintech
- Layer 2 network
- Non-fungible token
- Payments and payment systems
- Platform
- Ripple payment protocol
- Smart contract
- Stablecoin
- SWIFT gpi
- Token
- TradFi
