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Layer 1

Layer 1

Definition:

Layer 1 refers to the main layer of a blockchain. Ethereum, Solana and Avalanche are all Layer 1 tokens. Layer 1 blockchains all battle with what @Vitalik called the blockchain trilemma – balancing decentralization, scalability and security.

Degen Chat

“Late 2021 was the era of the rise of alt L1s, @solana and @avalanche leading the charge.”

Related Terms:
  • Dictionary: Layer 2
  • Dictionary: Mainnet
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    ShowUps - Web3 for Creators - 2023