Crypto Terms: Letter S
Second-Layer Solutions MEANING:
What are Second-Layer Solutions?
Second-Layer Solutions - a collection of solutions developed on top of a public blockchain in order to improve its efficiency and scalability.
Let's find out Second-Layer Solutions meaning, definition in crypto, what are Second-Layer Solutions, and all other detailed facts.
Second-Layer solutions are a collection of scaling solutions developed on top of a public blockchain in order to improve its efficiency and scalability, particularly for microtransactions and actions. State channels, blockchain interoperability, rollups, sharding, and various cryptographic functions are all second-layer scaling solutions. Plasma for Ethereum or Lightning Network for Bitcoin are some examples of second-layer solutions.