What are the key benefits of Layer-2 blockchain solutions?

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tomhollon

Layer-2 solutions, such as state channels and sidechains, offer a myriad of advantages. By enhancing scalability, these solutions enable a higher throughput of transactions, addressing one of the primary limitations of many blockchain networks. Moreover, the reduction in transaction costs and the alleviation of congestion on the main chain contribute to a more efficient and economically viable blockchain ecosystem, fostering widespread adoption and utilization.

Source: https://bit.ly/3RLUv9k

Tags: Layer-2 solutions, blockchain, solutions, Layer

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