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Layer 1 blockchains are the underlying blockchains in the main architecture. For example, Bitcoin and Ethereum Mainnet are layer 1 blockchains.
Layer 2 blockchains are secondary blockchains that operate on top of the main blockchain, aka layer 1. The whole purpose of having a layer 2 blockchain is to improve scalability and cost efficiency (yay minimal gas fees).
An example of a layer 2 blockchain would be Bitcoin Lightning Network, which is a layer 2 solution for Bitcoin. Leading layer 2 solutions for Ethereum are: Polygon (MATIC), Arbritrum, Loopring.
Ember Fund is now currently building on Polygon, allowing us to offer many more exciting portfolios in the future.
December 17, 2024
BTC’s been going to the moon recently, it’s almost Christmas, so why not celebrate with a HUGE 5,000,000 Sat giveaway? LFG!!
June 20, 2024
Ember partnered with popular gaming platform Roobet.com as a secure & fun method for mining withdrawals! This feature comes with a HUGE set of upgrades to our withdrawal process.
June 11, 2024
It's time for the May 2024 Recap Newsletter! Here are the product highlights and milestones from the past month.