Layer 2 scaling. Best scaling solution crypto investments.
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You have probably heard about Layer 1s like Ethereum, Cardano, Terra, or Avalanche. But there’s another type of blockchain some would argue is even better than layer one blockchains. Layer 2 blockchains.
These blockchains are a bit underrepresented and may offer massive gains in 2022 as this industry develops. Layer 1 blockchains like Ethereum allow for developers to build their own dApps through native programming languages. Ethereum is powered by solidity for example.
But recent developments from a project known as StarkWare now brings smart contact functionality to layer 2s. This leads some to go so far as to say layer 2 blockchains will replace layer one blockchains due to functionality and scalability.
Layer 2 scaling
Crypto Layer 2 options
0:17 Should You Dump Your ADA?
0:54 Layer 2 Solutions
1:42 The More Advanced Scaling Solution
2:25 Rollup Type 1
2:58 Why You Should Care
3:46 What Happens if Crypto Booms
4:37 Huge News for Crypto’s Future
4:59 Investment Options
6:42 Rollup Type 2
7:31 Optimistic Rollup Examples
8:24 Blockchain on a Blockchain
8:39 Why Polygon is so Great
9:32 What You Need to Know
10:54 Now What Should You Do?
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*I am not a financial advisor. This is not financial advice*