New Solana scaling solution Solaxy (SOLX) has raised $19 million in its ongoing presale. The layer-2 protocol is designed to ...
TON has patnered with LayerZero, tapping the protocol for interoperability. Integration will boost TON’s cross-chain ...
MEXC, one of the world's leading crypto exchanges, has announced the launch of Solayer, a re-staking protocol within the ...
Internet protocol (IP) packets are handed over to a data link layer protocol, for the physical transmission to the next node in the network path. THIS DEFINITION IS FOR PERSONAL USE ONLY.
Layer 2 solutions are protocols or networks built on top of a layer-1 networks to improve its scalability and reduce transaction costs by processing transactions off-chain and then periodically ...
Layer 0 provides the infrastructure, while layer 1 — e.g., Bitcoin, Ethereum — forms the base protocol. Layer 2 enhances scalability through offchain solutions like sidechains or rollups.
While Bitcoin has definitely proven its usefulness in these sorts of international payments, there is still plenty of room for improvement, and Layer 2 protocols like the Lightning Network may be the ...
Similar to an older idea known as Channel Factories, these types of payment pools could eventually even be used to themselves host Lightning channels, vaults or other Layer Two protocols. This may ...