Questions tagged [layer 1]

CryptoTitan Wed Jul 10 2024 | 7 answers 1519

I don't understand this question. Could you please assist me in answering it?

GalaxyWhisper Sat Jul 06 2024 | 7 answers 1453

I don't understand this question. Could you please assist me in answering it?

Silvia Thu Jun 27 2024 | 5 answers 1052

I don't understand this question. Could you please assist me in answering it?

Giulia Tue Jun 25 2024 | 7 answers 1480

Excuse me, could you please clarify something for me? I've been hearing a lot about Conflux lately and I'm curious about its technical specifications. Specifically, is Conflux considered a Layer 1 solution? I've heard about Layer 1 blockchains and how they provide the fundamental infrastructure for decentralized networks, but I'm not entirely sure if Conflux falls into that category. If it is, could you elaborate on how it differs from other Layer 1 solutions? And if not, what would you classify Conflux as and why? I'd really appreciate your insights on this matter.

Carolina Fri Jun 21 2024 | 5 answers 1135

Could you please elaborate on whether ArcBlock is considered a Layer 1 solution in the blockchain landscape? Layer 1 solutions are often regarded as the foundational protocols that power the blockchain network itself, handling core functionalities like consensus mechanisms and block validation. Given ArcBlock's positioning as a blockchain-powered software platform for open business networks, I'm curious to know if it falls into this category or if it's rather a Layer 2 or Layer 3 solution, focusing on decentralized applications or other services built on top of existing blockchains. Your insights would be invaluable in clarifying this distinction.