LAYER 1

GENERAL

The term layer 1 refers to a base layer blockchain (i.e. like Ethereum, Bitcoin, etc...) in web3. These blockchains act as the foundational chains that power the web3 ecosystem.

Content Source

The definition you see above is stored on the Arweave network which is a protocol for storing data permanently in a decentralized manner among network users who have storage to spare. As a result, this definition will live forever on the Arweave network.Click here to view the Arweave transaction for this definitionOpens in a new window

Permanent on Arweave