Carpet 2 of layer solutions: how they re -define the cryptocurrency landscape
In recent years, the cryptocurrency World has changed significantly towards more changing and more efficient solutions. One such innovation that acquires impulse is the solutions of layer 2 (l2) that revolutionate the way we think of cryptocurrencies such as polygon (polygon). In this article, we will delve into the impact of l2 solutions on the Polygon Market Volume, studying what these innovations mean on the Cryptocurrency Industry.
What are the 2 -Layer Solutions?
Layer 2 solutions are a set of technology to perform faster and cheaper operations on blockchain networks. Unlike the mainnet, which is the main circuit responsible for the data storage, the 1 -layer (L1) Operations Require High Calculation Power to carry out high taxes and Slowly.
Layer 2 solutions, such as the polegon optimism platform, use operational treatment of non -circuit and cache mechanisms to reduce gas taxes and improved operations. By allowing users to create a temporary «book» about operations that can be stored in the l1 chain during peak hours, layer 2 solutions allow for more efficient use of network resources.
How does the 2 -Layer solutions affect the polygon?
Polygon’s Optimism Platform was 2 Layer’s Innovation at the Forefront, offering some basic features that contributed to significant market growth. Here are severe ways to influence the L2 Solutions of Polygon:
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- Due to increased permeability, market Volumes and Higher Admission.
- Improved User Experience : Due to the faster experience of operations and lower tax users, the experience of the users was smoother in the polygon, Encouraging more users to get involved in the platform.
- Improved Security : By Transferring Operations From Mainnet, Optimism Reduces the Load on the Network, Making It Less Vulnerable To Attacks and Increases Overall Security.
Multiple Market Volume
Since its establishment 2017 The capitalization of the Polygon Market has increased significantly. According to CoinMarketCap, the Polygon Market Capitalization in 2022 February $ 1 Billion, ie about $ 150 million, when it was submitted in 2020 at its list. December
Similarly, the scope of transactions of optimism also noticed a major growth. 2022 June Optimism has processed more than $ 3.5 million a day. Transactions, which increased significantly from the average monthly average of about 200,000 operations.
Conclusion
Layer 2 solutions change the world of cryptocurrencies by providing more efficient and modified solutions for users. As a result of the polygon, these innovations have increased market growth, increased transactions and improved consumer experience. As the 2 -Layer solutions continue to grow, we can expect an even greater decrease in operational taxes, faster execution time and increased scaling.
Further Reading
- “Plagon Optimism Pland: Blockchain Operation Attention”
- «Decisions 2: how do they change the cryptocurrency landscape»
- «Landfill Market Capitalization Exceeds $ 1 Billion»