Post by @russian • Hey
Layer 2 Solution
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Layer 2 (L2) is a collective term to describe a specific set of Ethereum scaling solutions. A layer 2 is separate blockchain that extends Ethereum and inherits the security guarantees of Ethereum.
Ethereum,layer-1 blockchain, plans to transition from its PoW consensus mechanism to a proof-of-stake (PoS) model in a bid to thwart this scalability concern. While this will reduce computational requirements and improve the blockchain’s energy efficiency, it does rely on layer-1 scaling solutions such as sharding to eventually scale to 100,000 transactions per second.
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