Enterprise Tech / Development
Best Layer-2 Blockchain Scaling Solutions Companies
What is Layer-2 Blockchain Scaling Solutions?
The layer-2 blockchain scaling solutions market offers solutions for customers who want to scale their decentralized applications on blockchain platforms. These solutions allow customers to take the majority of their traffic off the main blockchain, resulting in faster transactions and lower costs. By using these solutions, customers can achieve their goals of using decentralized blockchain ledgers at scale without incurring exponential transaction costs. The market includes vendors offering different value propositions such as ethereum compatible chains. Overall, layer-2 solutions aim to address the scalability limitations of layer-1 blockchains, such as high transaction fees and slow transaction processing times, by building additional protocols or frameworks on top of the main blockchain.
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