📜Understanding L2 Innovations

At their core, L2 frameworks are designed to offload transaction processing from the congested main blockchain (L1), compiling transactions to be settled on L1, thus benefiting from its established security measures. This strategy significantly boosts transaction throughput and minimizes delays, effectively addressing the bottlenecks and high costs often encountered on L1 networks during peak usage. Hence, L2 solutions are instrumental in scaling blockchain networks to accommodate an expanding user base and more sophisticated applications, all while upholding the foundational attributes of blockchain: integrity and a trustless environment.