Understanding Layer 2 Networks: The Future of Blockchain Scaling
As blockchain adoption accelerates, one term dominates the conversation: Layer 2. But what makes these networks essential for the future of digital finance? The Scalability Challenge Bitcoin and Ethereum face a fundamental bottleneck: they can only process 7-30 transactions per second (TPS). Compare that to Visa’s 24,000 TPS, and the problem becomes clear. This creates…