Layer 2

In a sentence

The rollup processed transactions on Layer 2 and posted settlement data to Ethereum.

• The rollup processed transactions on Layer 2 and posted settlement data to Ethereum.
• Users bridged assets from the Layer 1 chain to the Layer 2 network.
• Layer 2 reduced transaction costs by batching many operations together.
• The application chose a Layer 2 solution to improve speed without creating an independent base chain.
• Security assumptions differ across Layer 2 designs, so users reviewed how funds could be withdrawn.