As u know,at the heart of blockchain technology is a complex system of layers. The "Layer 1" is the foundation of the entire blockchain ecosystem

⚙️The main functions of Layer 1 are:

to provide a decentralized consensus mechanism,

to offer highsecurity standards that make it ideal for handling high value transactions, and to support smart contract functionality that allows the automation of complex transactions and decentralized applications.

✅Advantages of Layer 1:decentralization, security, transparency, and smart contract functionality.

🔎Layer 1 Blockchain examples:Bitcoin, Eth, Dot,and Cardano.

While Layer1 innovations have the potential to enhance the functionality and usability of blockchain systems, they also face challenges in achieving widespread adoption and interoperability with other blockchain networks.