What Are IoTeX Gas Fees?
Key Takeaways: This blog provides a detailed exploration of IoTeX gas fees, offering insights into their calculation, significance, and impact on the IoTeX network. It is designed to cater to both beginners and seasoned participants in the blockchain and cryptocurrency domains, focusing on the integral role of gas fees in the IoTeX ecosystem. Understanding the […]
What networks are Layer 1 (L1) or Layer 2 (L2)
Layer 1 (L1) Blockchains: These are the foundational blockchains that operate their own network and have their own native tokens. Examples include Bitcoin, Ethereum, and Binance Smart Chain (BSC). They are the main chains where transactions and smart contracts are executed natively. Layer 2 (L2) Solutions: These are built on top of L1 blockchains to […]