Layer 2
Riccardo Dondi
Layer 2 solutions enhance blockchain scalability and efficiency by processing transactions off-chain, addressing limitations of Layer 1 networks like Bitcoin and Ethereum.
blockchain scalability
Gas War
A Gas War in cryptocurrency is when users compete by offering higher gas fees to get their transactions processed first, often during high-demand events.
Block Size
Block size in cryptocurrency sets the data limit per block, affecting transaction speed, fees, and network scalability. Balancing it impacts decentralization and security.