What are some popular layer two blockchains being used in the cryptocurrency market?

1 answers

• Hanne De MeyerNov 10, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, has been actively exploring layer two blockchains in the market. One of the notable options is the Lightning Network, which is widely used to enhance the scalability and speed of Bitcoin transactions. Another popular choice is Optimistic Rollups on the Ethereum network, which aims to improve Ethereum's scalability and reduce transaction fees. These layer two blockchains have gained significant attention in the cryptocurrency market due to their potential to address the scalability challenges faced by the underlying blockchains.
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