@Solayer #BuiltonSolayer $LAYER

Layer 1 crypto refers to the base blockchain architecture, such as Bitcoin, Ethereum, or Solana. These networks handle on-chain transactions and manage their own security, consensus mechanisms, and token systems. Layer 1s often face scalability challenges, leading to the development of Layer 2 solutions. Ethereum, for example, uses Proof of Stake and smart contracts, allowing decentralized applications (dApps) to thrive. Layer 1 upgrades aim to improve throughput, reduce fees, and enhance decentralization. Key considerations include transaction speed, network security, and developer support. As the foundation of blockchain ecosystems, Layer 1s are essential to the crypto landscape’s growth and innovation.