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Surprising fact about layer-3 blockchains lecture# 12

ubaidenviro - 2024-05-13 16:46:42

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Introduction to Layer 3 blockchain


As layer 2 blockchain is built on top of layer 1. Similarly, the Layer 3 blockchain is built on top of the Layer 2 blockchain. In this layer some additional functionality, processing, interoperability, and modification to the underlying infrastructure.
Layer 3 blockchain provided a well-developed platform in the evolution of blockchain technology. As it is built on top of Layer 1 and Layer 2, it enhances the scalability, with proper functionality and interoperability for DApps. It approximately overcomes all the limitations of the previous layers, by providing a user-friendly, secure, efficient, and adaptable environment.


The key characteristic of the Layer 3 blockchain


The following are the main characteristics that distinguish layer 3 from the underneath layers of blockchian technology.



  1. Functionality: It provides a stage for decentralized applications to perform with high scalability and efficiency. It hosts one decentralized application to increase the speed of the network.

  2. Improve scalability and functionality: The scalability in Layer 3 blockchain is well developed. This is because of consensus mechanism and data structure ensure higher throughput and improve transaction abilities.

  3. Customization and security: Layer 3 provides unparalleled customization options for producers and robust security for all decentralized applications which creates a secure environment for growth and innovation.

  4. High-quality interoperability and accessibility: The interoperability and accessibility of Layer 3 blockchian are much enhanced by Layer 3 solutions like Arbitrum orbit.

  5. Low cost with high performance: All the solutions of Layer 3 blockchain are low cost with high performance. It offers more choices for scaling. It ensures efficiency affordability and accessibility.