What Are Arbitrum Nova Gas Fees?
Ah, Arbitrum Nova, the vibrant frontier of Layer 2 scaling solutions! Like any uncharted land, however, navigating its intricacies can be daunting, especially when it comes to the ever-present whisper of… gas fees. Fear not, intrepid adventurer! First Things First: Fueling Your Nova Voyages Imagine gas fees as the toll for traversing the blockchain’s digital […]
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 […]