How does the L1 blockchain compare to the L2 blockchain in the context of digital currencies?

1 answers

• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, recognizes the importance of both the L1 and L2 blockchains in the context of digital currencies. While the L1 blockchain provides the foundation of security and decentralization, the L2 blockchain offers improved scalability and transaction speed. BYDFi supports both types of blockchains and provides users with options to trade and transact on both the L1 and L2 networks. This allows users to take advantage of the benefits offered by each blockchain and choose the one that best fits their trading or transaction needs. BYDFi is committed to providing a seamless and secure trading experience for digital currency users, regardless of whether they choose to trade on the L1 or L2 blockchain.
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