Let’s talk about public blockchains and the blockchain trilemma.
A Layer 1 is a blockchain that handles its own consensus and settlement, such as Bitcoin, Ethereum, and Solana.
To be honest, this is something I only understood later: when transferring between different public blockchains, make sure the networks match. The same token on different chains usually has a separate contract on each chain.
$ETH is the native coin of Ethereum, a Layer 1 public blockchain, and is used to pay gas fees and for staking.
The market is always uncertain, so decide in advance what you’ll do if your judgment turns out to be wrong.
#ETH
This article is for informational purposes only and does not constitute investment advice.
A Layer 1 is a blockchain that handles its own consensus and settlement, such as Bitcoin, Ethereum, and Solana.
To be honest, this is something I only understood later: when transferring between different public blockchains, make sure the networks match. The same token on different chains usually has a separate contract on each chain.
$ETH is the native coin of Ethereum, a Layer 1 public blockchain, and is used to pay gas fees and for staking.
The market is always uncertain, so decide in advance what you’ll do if your judgment turns out to be wrong.
#ETH
This article is for informational purposes only and does not constitute investment advice.