A base blockchain — Bitcoin, Ethereum, Solana, Avalanche. L1s settle transactions themselves rather than relying on another chain. L1 design involves trade-offs between decentralization, security, and throughput (the “scalability trilemma”). New L1s typically compete on throughput at the cost of decentralization.
Layer 1
A base blockchain — Bitcoin, Ethereum, Solana, Avalanche. L1s settle transactions themselves rather than relying on another chain. L1 design involves trade-offs between decentralization, security, and throughput (the "scalability trilemma"). New L1s typically compete on throughput at the cost of decentralization.
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