Bitcoin private key database
Layer-1 blockchain technology is the directly responsible for maintaining the that are designed to operateand securing the network.
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Layer-1 blockchain technology is the directly responsible for maintaining the that are designed to operateand securing the network.
Similar to how Layer 1 networks have different approaches to consensus, each layer 2 network will implement a scaling solution, or means to map transactions back to its layer 1. Ethereum also originally used PoW, but has since upgraded to a proof-of-stake PoS consensus mechanism, which requires node operators to lock up a large Ether ETH deposit to be allowed to process transactions. With a sidechain architecture, the primary role of the mainchain is to maintain overall security, confirm batched transaction records, and resolve disputes. All trademarks and company names are the property of their respective owners.