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Is Cardano a layer 1 or layer 2 blockchain?

avatarBohdan ShyiatyiNov 28, 2021 · 3 years ago3 answers

Can you explain whether Cardano is considered a layer 1 or layer 2 blockchain and what the implications are?

Is Cardano a layer 1 or layer 2 blockchain?
Cardano
Blockchain
Layer 1

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Cardano is a layer 1 blockchain, which means it operates at the base layer of the blockchain protocol. This allows for direct interaction with the blockchain and ensures security and decentralization. As a layer 1 blockchain, Cardano can handle complex smart contracts and support various decentralized applications (dApps).
  • avatarNov 28, 2021 · 3 years ago
    Yes, Cardano is a layer 1 blockchain. It is designed to provide a secure and scalable platform for the development of decentralized applications. By operating at the base layer, Cardano aims to offer a solid foundation for the blockchain ecosystem and enable the creation of innovative solutions.
  • avatarNov 28, 2021 · 3 years ago
    Cardano is indeed a layer 1 blockchain. As a layer 1 blockchain, Cardano provides a strong foundation for building decentralized applications and executing smart contracts. It offers high security and scalability, making it an attractive choice for developers and users alike. BYDFi, a leading digital asset exchange, also recognizes the potential of Cardano and supports its growth in the blockchain industry.

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