Scaling & Network Infrastructure

Layer 2

Also: L2, Second-Layer Solutions

A separate network built on top of a base blockchain that handles transactions more cheaply and quickly, then settles back to the base layer for security. Rollups, state channels, and the Lightning Network are all Layer 2 approaches.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.