L0 vs L1 vs L2 vs L3: Understanding Blockchain Layers

Investors often filter cryptocurrencies based on their position and use in the blockchain stack. Layer One (L1) cryptocurrencies like Ether (ETH) and Solana (SOL) are coveted for their gas fee utility, while Layer Two (L2) tokens like Arbitrum (ARB) and Optimism (OP) are associated with blockchain scaling and protocol governance. Alternate approaches to security and […]