Questions tagged [layer 1]

Maria Wed May 22 2024 | 6 answers 1346

Could you please clarify whether Fantom qualifies as a layer 1 blockchain? I've heard different opinions on this matter, and I'm curious to know your take. As I understand, layer 1 blockchains are the foundational layers that support the entire network, handling transactions and smart contracts. Given Fantom's scalability and performance capabilities, it seems like it could fit into this category. However, I'd like to hear your professional opinion on whether it indeed meets the criteria of a layer 1 blockchain. Thank you for your insight.

Nicola Wed May 22 2024 | 5 answers 1060

Could you please clarify for me? Is the Injective protocol categorized as a layer 1 or layer 2 solution in the blockchain ecosystem? I'm trying to understand its position in the crypto infrastructure hierarchy and how it fits into the broader decentralized finance landscape. Could you elaborate on the features and functionalities that contribute to its classification? Additionally, how does Injective's architecture differ from other layer 1 or layer 2 protocols? Thank you for your assistance in clarifying this matter.

CryptoEmpire Tue May 21 2024 | 7 answers 1456

Could you please elaborate on whether Kaspa qualifies as a layer 1 blockchain? I'm particularly interested in understanding the technological aspects that define it as such, if indeed it is a layer 1 blockchain. Additionally, how does Kaspa's architecture and functionality compare to other layer 1 blockchains in the cryptocurrency space? I'm keen to gain a deeper understanding of its unique features and potential advantages in the blockchain ecosystem. Thank you for your insights.

Giuseppe Tue May 21 2024 | 5 answers 960

Could you please clarify for me if Bittensor qualifies as a Layer 1 blockchain? I've been reading about its architecture and it seems to have unique characteristics, but I'm not entirely sure if it falls into the Layer 1 category. Could you explain the reasons for your answer? Additionally, if it's not Layer 1, what layer would you categorize it as and why? Thank you for your assistance in clarifying this matter.

Valentina Mon May 20 2024 | 5 answers 1202

Is immutable a layer 1?" This question seems to be querying the classification of a certain technological or architectural concept within the realm of blockchain and cryptocurrency. Layer 1, in the context of blockchain technology, typically refers to the main blockchain protocol itself, the fundamental layer that underlies all transactions and smart contracts. It is the core infrastructure, setting the rules and standards for the entire network. The term "immutable" generally refers to something that cannot be changed or altered. In the blockchain world, this often applies to transactions and data recorded on the chain, which are designed to be permanent and unalterable. This is a key aspect of blockchain's security and trustworthiness. However, to answer the question "Is immutable a layer 1?" directly, it is not entirely accurate to categorize "immutable" as a layer 1. Instead, immutability is a characteristic or principle inherent in many blockchain protocols, particularly those designed for secure and transparent transactions. Layer 1 refers more to the specific blockchain protocol or network itself, rather than a single aspect or feature of that protocol. Therefore, while immutability is a crucial aspect of many layer 1 blockchains, it is not itself a layer 1. It is rather a fundamental property that contributes to the security and reliability of these blockchain networks.