Blockchain & Cryptocurrency Glossary

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L1

Pronunciation
[el-wuhn]
Definition
Abbreviation for Layer 1, referring to the base or foundational blockchain network protocol.
Key Points

The main blockchain network responsible for its own security and consensus.

Examples include Bitcoin and Ethereum.

See 'Layer 1' for full details.

Related Terms
Layer 1
Blockchain
Layer 2

L1 - Related Articles

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