Monday, November 18, 2024

What Are Layer 3 Blockchains?

Customizable application-specific networks allow Web3 builders to optimize efficiency with out sacrificing safety.

Scaling options within the type of Layer 2 blockchains have grow to be a mainstay in trendy DeFi over the previous two years. Because the blockchain ecosystem and its person base proceed to develop, builders are constantly trying to enhance their functions’ efficiency.

Layer 2 networks permit DeFi protocols to supply their customers extremely low transaction charges in comparison with Ethereum mainnet with out sacrificing the safety ensures of the underlying Layer 1 blockchain.

Whereas these charges are engaging to the present shopper base, Layer 2’s are nonetheless inclined to points similar to community congestion and lack of customizability. Many dApps that count on to scale to huge shopper bases will demand a excessive quantity of concurrent transactions and can even require extra area of interest features that might not be best for different dApps co-existing on the Layer 2.

Layer 3 blockchains provide dApps a extremely customizable and interoperable community that’s constructed on prime of a Layer 2. With this customizability, builders can implement options for focused necessities and may unfold out the workload that comes with extraordinarily excessive transaction volumes. Having the ability to goal area of interest options and points permits for complicated dApp design that may enhance each efficiency and accessibility for customers, whereas nonetheless inheriting the safety advantages of the underlying Layer 1.