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CryptoGlobe 2024-04-12 12:39:23

Coin Bureau Highlights Three Ethereum L3 Projects With ‘Massive Potential’

To address the limitations of the Ethereum blockchain in terms of speed and cost, the concept of layered scaling solutions has emerged. The Ethereum network itself acts as the base layer (L1), responsible for finalizing transactions and ensuring the network’s security. Layer 2 (L2) solutions, such as Arbitrum and Optimism, operate on top of L1,

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