Vanderbilt Blockchain - L0, L1 and L2 Blockchains

What is a Layer 1 blockchain?

The main blockchain network in charge of on-chain transactions

The supplementary node network that insures peer-to-peer transactions

An integral smart contract pool that supports the speed of a protocol

A period of created blockchains in the early 2010s that serve as foundational to dApps

What is a Layer 0 blockchain?

A layer that consists of blockchains that have lost enough users to where the fees to keep the network exceeds the accrued gas fees.

A layer that provides foundational architecture for data transfer and integrates blockchain with traditional networks.

A layer that combines several layers of blockchain to create a more efficient scaling solution

A layer that fosters an ecosystem conducive to new parachains and token bridges, but not composability

What is a Layer 2 Blockchain?

A layer that solves the scaling problems of Layer 1 blockchains by repackaging data off-chain

A layer that completes the Web3 integration process of blockchain protocols

A layer that competes with layer 1 protocols for proof-of-stake verification market majority

A layer that compounds layer 1 protocols to form an internal bridge between chains

Which one of these is a Layer 0 Blockchain?

Bitcoin

Polygon

Cosmos

Sweatcoin

Which one of these is a Layer 0 Blockchain?

Tether

Terra 2.0

Decentraland

Polkadot

Which one of these is a Layer 1 Blockchain?

Optimism

Lightning Network

Avalanche

Chainlink

Which one of these is a Layer 1 Blockchain?

USDC

Ethereum

Polygon

Cosmos

Which one of these is a Layer 1 Blockchain?

Aztec Network

Kucoin

Sushiswap

Cardano

Which one of these is a Layer 2 Blockchain?

Tether

Solana

Polygon

Binance Coin

Which one of these is a Layer 2 Blockchain?

ZkSync

Algorand

Ethereum

StellaSwap

Which one of these is not a part of the blockchain trilemma?

Composability

Decentralization

Security

Scalability

Vanderbilt Blockchain - L0, L1 and L2 Blockchains

More Quizzes