Category: Layer 1 blockchains
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Layer 1 blockchains | A Beginners Guide
The adoption of Layer 1 solutions is one of the leading strategies for addressing the scalability challenge. A Layer 1 blockchain is a collection of solutions that improve the fundamental protocol in order to make the system more scalable as a whole. The Scalability Trilemma The term “scalability trilemma,” coined by Vitalik Buterin, Ethereum’s founder,…