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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.
September 13, 2023
After the incredible success of our last giveaway, we're back with an even bigger 2 MILLION Sat giveaway! 🎉
September 09, 2023
It's time for the August 2023 Recap Newsletter! Here are the product highlights and milestones from the past month.
September 05, 2023
Here is a simple guide to maximizing how much Bitcoin you can earn on Ember.