Steemit Crypto Academy Contest /S13W5 -Layer2 blockchain

in hive-108451 •  last year 

Assalam-o- Alaikum everybody

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introduction

Layer means a layer of anything. For example, there is a wedding ceremony where the cake is brought, then it is placed in different layers and many layers of it. What is is applied, that is the only reason why if we observe it carefully, the layers of any object are called what is layer.

What is layer 2 in blockchain and how does it differ from layer 1 ?

A layer is something placed above or below an object, which we call a layer. Similarly, we know that there are many objects that have different types of layers, which we also call layers. can give and according to a dictionary it is a layer above or below. Our discussion this week is on a layer that is found in different layers and functions in it. Its number one layer is The protocol acts and its counterpart is the application

[Layer 1 Protocol Layer] This is the main layer which we can also call the base layer as it strengthens the cryptographic and algorithmic procedures and rules and regulations and it keeps it secure and its integrity secure to anything. provide which is a very big thing and it is very important and main thing as we know that the number one platform which is bitcoin by nance car dons and smart chain Solana etc.

As we know that at its layer number one all the central transaction data is recorded and kept securely and all its participants ensure it and the securitizers who are They also protect its entire mechanism and provide security to it. The first layer has a limited capacity and a limited scale of transactions. They don't do what religion has because its transactional capacity is very small and limited. She works in a way that she can't bear the pressure.

[Layer 2 The application layer]

But layer two is where people do the building work with the blockchain factors. The base layer is the layer below the top layer which is what we can call the bottom layer. It does cleanup work so that further processing work is done in the best possible way and further reduces the burden and makes the work usable. There is some difference between them which we can also call their differences.

Category Layer 1 engages on Layer 2 scale inversion and it processes the transaction process. Users can get more benefit from it because if it overloads Layer 1 it would slow down. Therefore, the speed of customer transactions in the app is made more efficient by performing faster processing and the completion of faster tasks is done by scaling the transaction.

Further, it helps to increase the speed of the token and further processes insert the token more quickly as it allows the token to be transacted without overloading the blockchain and all its traces. It handles the process itself and acts as a liability on itself because what is in micro-minutes is an exchange function of moving money from one place to another or anything else.

This process of selling or for complete security it provides it has a strong protocol process that completes all your transactions in a secure manner as we know full confidence here. A transaction is required with the one that handles all these things and executes all these things properly by providing complete security and does not allow any kind of load to be read but the whole process continues till further. It has a strong encryption mechanism that securely encrypts all transactions on its one-to-one blockchain.

Give real-word examples of layer 2 solutions and explain how they work.

many types of layer 2, some of which I will give you examples of are: Power Networks Raiden Networks Plasma State Channels Side Chains Role Apps

Electricity network

The Lightning Network is a layer of Bitcoin that makes the payment channel much faster and cheaper and enables it to work as quickly as possible for consumers as we know it here. They pay with each other. This process is completed very quickly which helps in this. We can describe for example that a friend or two friends when they go out at night, there is something there.

If you do transactions, eat anything, then you would have done the transaction in it. Here we can know the roadmap of all these things. With the lighting network, a channel of transaction and payment can be opened without wasting time. Transaction with you and can work on what is there very quickly and when it comes back can work on what is there without delay.

Raiden Network

Another solution is Ethereum which is specially designed and operated for layer 2. It is created channels for lighting network which is specially designed to support users. It helps users to transact and ensure their payment. It is transacted through Ethereum, meaning it is paid for and traded through Ethereum.

Plasma

This is the central framework network that holds the blockchain together. It paves the way and works on this methodology. In plain words, it helps to scale the blockchain. does and the next process continues as it is.

State Channels

These are channels where people can transact what they have without involving the blockchain and complete their capital i.e. transactions etc. What happens is what happens and the result is determined by the blockchain and further processes are facilitated.

Side Chains

These are the blockchains that run alongside the main blockchains and do further work and allow transactions and more that pave the way forward and in-chain and side-chains in assets. are converted into and they help in the transaction process and complete the further process more quickly.

Rollups

They handle the transaction together and protect the layer number one and it is their responsibility to protect it, which means that they provide the security completely and it takes the burden off the main chain. It reduces the burden on it and completely bundles the transaction system and it smooths the way forward.

How does layer 2 help reduce transaction fees on a blockchain and facilitate interoperability between different blockchains ?

As we know layer two helps us by taking some transactions further away from berth one and doing some work to reduce the transaction fees. It helps and as we know the fees can be quite high there. These AF networks create channels that move the surfers forward seamlessly and without logging in for the users.

One of the advantages of being helpful and allowing users to transact seamlessly with each other is that congestion on the central blockchain is reduced and users can pay for what is paid at a very low fee. This means that the transactions that are done here in the app are done very quickly and the transactions can be done in a shortcut way which proves to be very beneficial.

Interoperability These two different blockchains work very efficiently together and operate the system in a specific way. If there is a bridge, we have to pass through it. Anything from one place to another, or to cross a river, a bridge is built over it. By crossing a road, we can move forward. It processes what's already there and further keeps it well-established and persistent. The relationship is closely related as well as working together.We know that we have to transfer the tokens we own from one blockchain to another.

What is the underlying layer used by the steem blockchain and how does this layer facilitate transactions and interactions on the platform ?

The STEAM white paper has led me to understand that it is built on blockchain technology and that it is a framework, meaning that we can fully understand what the core of the STEAM blockchain is. The layer is layer one which we can describe as a basic building block chain which is helpful to deal with transactions we can know that if we talk about 10 thousand transactions per second.

can calculate and continue the forward process per second. This blockchain is helpful in making large number of transactions and posting transactions. We can know that it is a consensus algorithm. It uses what we call Delegated Proof of Stem and it runs this system, witnesses help the users to vote, it ensures that all the processes are safe and complete under a specific system.

is running which successfully streamlines people with that vote using micropayments with bandwidth as we understand its zero-ratio ensures that it It realizes the ability of automatic adjustment, making it easy and scalable to use in a sectorless blockchain.

What would be the implications of integrating a layer 2 solution on the steem blockchain in terms of scalability costs and ease of use for users ?

The scalability of the Steam blockchain will bring the cost and ease of use to users and enable them to work more easily in both solutions, which is by removing the burden from layer two of transactions. We know that it takes a lot of time for the transaction to reduce the amount of time it takes. Better execution We know that transactions are done very quickly here, which means that more users can do their transactions seamlessly or with ease and their transactions here.

The experience that Steam users have can be made much better and all these users can communicate with each other much faster. The freedom to transact with each other and the freedom to communicate with each other here is very fast. More work is in progress and further development is being done very rapidly here.

Conclusions

Layers do a structural work as it makes it more stable and as we know its layer 1 which acts like a structure and which we can also think of as pillars and its layer 2 and so on. Layer 3 expands this further by being an extensive communication system that allows transactions and furthermore, it allows us to orientate towards interesting possibilities.

I would like to invite my best friends @patjewell @stef1 @pelon53 @willmer1988 @josepha and beautiful12 to take part in this beautiful contest

Best Regard
@shabbir86

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Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.

Assalamualaikum bhai jan, umedd ha ap kheryt sy hon gy.

Aapane is post ko bahut acche andaaz mein bayan Kiya hai aur main aapki is post ki jitni bhi tarif Karun wo kam hai. Aapane bahut acche andaaz mein research kiya hai aur apne knowledge ke mutabik diye Gaye topic ko explore Kiya hai.

Layer 2 solutions parent blockchain ki scalability ko increase karne mein bahut aham kirdar Ada kar sakte hain aur yakinan yah iska bahut aham use case hai.

Layer 1 or layer 2 me main difference yahi hai ki layer 2 ka men focus blockchain ki security aur transparency per hota hai jab ke layer 2 ka men focus blockchain ki scale ability ko increase karne per hota hai.

Is bahut acchi hai entry ke sath mein aapki kamyabi ki Dua karta hun. ♥️

@steemdoctor1
Thank you very much for reading this post and commenting on it.

Cabe destacar que las soluciones de Capa 2 llegaron para evolucionar la blockchain sobre todo de las más antiguas como BTC y ETH por problemas de escalabilidad, tarifas y velocidad.

Pienso que la operabilidad abre el camino para la interacción entre blockchains distintas como ya existe entre la Capa 1 y 2 que están integradas una dentro de la otra. Imagino que esto es crucial para la evolución de las blockchains, si es que ya comenzó con la Capa 3. La intercomunicación entre blockchains independentes creo que será lo que sigue.

Gracias por compartir y aportar conocimentos en el tema.

Saludos y éxitos.

Rollups are a good example of layer 2 solutions. You clearly explained the way it works. The fact that it bundles the data off the main chain to an offline location for processing makes it quite unique.

I appreciate the way you spelt these things out.

Your insightful post breaks Down the layers of blockchain in a simple analogy comparing them To layers of a wedding cake . I appreciate your clear distinction between Layer 1 & Layer 2 emphasizing the crucial role of Layer 1 as the base layer Ensuring security and integrity. Your real-world examples of Layer 2 solutions like Lightning Network Raiden Network and Plasma Make the Complex concepts More tangible. Explaining how Layer 2 reduces transaction fees & enhances interoperability is especially helpful. Additionally your exploration of the underlying layer of the Steem blockchain and the implications of integrating Layer 2 solutions Showcases a deep understanding of the topic. Best wishes for the contest!

TEAM 5

Congratulations! Your post has been upvoted through steemcurator08. Good post here should be..

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