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, I hadn’t paid attention to this next point before: when transferring funds between different public blockchains, make sure the networks match. The same token usually has a different contract on each chain.
$ETH is the native coin of the Ethereum Layer 1 blockchain, used to pay gas fees and for staking. Currently 2120.04.
Verify information with multiple sources before making a decision; don’t just take one person’s word for it.
#ETH
I’m just sharing my opinion; this is not investment advice.
A Layer 1 is a blockchain that handles its own consensus and settlement, such as Bitcoin, Ethereum, and Solana.
To be honest, I hadn’t paid attention to this next point before: when transferring funds between different public blockchains, make sure the networks match. The same token usually has a different contract on each chain.
$ETH is the native coin of the Ethereum Layer 1 blockchain, used to pay gas fees and for staking. Currently 2120.04.
Verify information with multiple sources before making a decision; don’t just take one person’s word for it.
#ETH
I’m just sharing my opinion; this is not investment advice.
