📋 Blockchain Industry | Layer 2 Networks
· Definition: Rollups are currently the most widely used Layer 2 solution, and are divided into two types: Optimistic Rollups and ZK Rollups.
· How they work: Layer 2 saves money by bundling many transactions together and submitting them to the mainnet, so the mainnet costs are shared among many users.
· Note: Before transferring assets from Layer 2 back to the mainnet, check whether you’re using the official bridge or a third-party cross-chain bridge. Transfer times and fees vary.
$ARB 0.1804（-8.66%）
#ARB
· Definition: Rollups are currently the most widely used Layer 2 solution, and are divided into two types: Optimistic Rollups and ZK Rollups.
· How they work: Layer 2 saves money by bundling many transactions together and submitting them to the mainnet, so the mainnet costs are shared among many users.
· Note: Before transferring assets from Layer 2 back to the mainnet, check whether you’re using the official bridge or a third-party cross-chain bridge. Transfer times and fees vary.
$ARB 0.1804（-8.66%）
#ARB