Intermediate
Blockchain & Web3
Q49 / 100
What is a "Layer 2" scaling solution in blockchain (e.g., for Ethereum)?
Correct! Well done.
Incorrect.
The correct answer is A) A separate protocol built on top of a base blockchain (Layer 1) that processes transactions off the main chain and periodically settles results back to it
A
Correct Answer
A separate protocol built on top of a base blockchain (Layer 1) that processes transactions off the main chain and periodically settles results back to it
Explanation
Layer 2 solutions (e.g., rollups, sidechains) handle transactions off the main chain to improve throughput and reduce fees, while inheriting security from the underlying Layer 1.
Progress
49/100