Layer 3 Protocols in Crypto

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Which issue can Layer 3s solve in crypto?

Scalability

What is the purpose of Layer 3 protocols in crypto?

To provide enhanced scalability and host application-specific decentralized applications

What are examples of Layer 3 protocols mentioned in the text?

Orbs, Arbitrum Orbit, and zkSync Hyperchains

What is the main challenge faced by Layer 1 blockchains?

Blockchain trilemma

Which networks prioritize decentralization and security over scalability?

Bitcoin and Ethereum

What is the main purpose of Layer 3 protocols in crypto?

To provide enhanced scalability and host application-specific decentralized applications

What issues can Layer 3s solve in crypto?

Scalability, interoperability, customization, and more

What is the role of Layer 1 blockchains?

Form the foundation where blocks are added and transactions are finalized

Which networks prioritize decentralization and security over scalability?

Bitcoin and Ethereum

What are examples of Layer 3 protocols mentioned in the text?

Orbs, Arbitrum Orbit, and zkSync Hyperchains

Test your knowledge of Layer 3 protocols in crypto with this quiz. Explore how Layer 3s build on Layer 2s to facilitate scalability and customization for application-specific blockchains. Delve into the benefits and capabilities of Layer 3s in solving challenges like scalability and interoperability.

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