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  1. Home
  2. /Glossary
  3. /Layer 1
Back to Glossary
blockchain

Layer 1

The base blockchain that processes and finalizes transactions.

Definition

The base blockchain that processes and finalizes transactions. Bitcoin, Ethereum, and Solana are Layer 1s. Each L1 makes different tradeoffs between decentralization, security, and speed.

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Related Terms

Layer 2

A secondary network built on top of a Layer 1 to improve scalability.

Blockchain

A distributed database where transactions are grouped into blocks and linked together cryptographically.

Scalability

A blockchain's ability to handle increasing transaction volume without degrading performance or raising fees.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

ERC-4337

The Ethereum standard for account abstraction without changing the core protocol.

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