The Layer 3 Blockchain What You Should know

Just as layer 2 blockchain is built upon layer 1 blockchain to increase transaction speed and scalability of a blockchain, but lacks the power to tackle the issue of interoperability which is why layer 3 is built on top of layer 2 to handle the issue of interoperability which this post has talked more on.

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Layer 3 blockchain

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As we have earlier said just as there is layer 1 and layer 2 as a concept of blockchain technology layer 3 is also part of them. By the given name layer 3, it means it is built upon existing layer 2 blockchain technology which is a scaling solution, to further increase functionality and Scalability.

If you have ever read through the paper published by Ethereum founder Vitalik Buterin on the topic _{"What kind of layer 3s make sense?} you will get to know more about the ideas behind the creation of layer 3 blockchain.

Layer 3 blockchain provides layer 2 with more customized functionality like application, privacy, and trusted scaling such as valodiums, whereas layer 2 is mostly on scaling. Layer 3 is not as popular as Layer 1 and Layer 2 but despite that it is regarded as a more fundamentally reasonable blockchain.

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How later 3 is different from Layer 2

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Both layers constitute the components of the blockchain with each of them having its function which they are designed to serve. Here, the key difference has been discussed.

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Layer 3

Layer 3 is a blockchain solution that is built on top of a layer 2 blockchain as we have read before now, whose purpose is to offer layer 2 more functionality and customization for additional use cases.

Layer 3 comes with a solution that is designed for application performance, and privacy such as protecting the privacy of the transaction of the user.

Also, layer 3 is a more sophisticated technology that is more than Scalability built on top of the layer 2 blockchain to provide additional solutions. Finally, it is best used for the customization of data.

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Layer 2

Layer is a blockchain solution that is built on top of a layer 1 blockchain to provide Scalability so the blockchain can perform numerous transaction that is speed enough which is found in the Ethereum network.

In the Ethereum network layer 2 is helping the blockchain to offload some works so the blockchain performance can be high.

The main purpose of a layer 2 blockchain is for scaling solutions and layer 2 is associated with certain blockchains just as we have a lightning blockchain network.

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Conclusion

In conclusion to the above difference, both layers are very important as they can both help companies solve so many issues in blockchain networks.

Layer 3 is a sophisticated technology that is beyond layer 3 in terms of advancement and its focus is on customization, and functionalities that are special, whereas layer 2 focuses on scaling solutions so the blockchain can perform numerous transactions which we have learned in this post.

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About the Author

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_{Joseph Akwaji Afen (@josepha) is a holder of an Accounting degree, who has gained experience in the finance sectors. In the Steemit social media blockchain platform, he is a content writer, who specializes in writing in different categories and has worked as a mods, community curator, city rep, and a good recruiter who is always committed to ensuring the accuracy and trustworthiness of your finance, crypto and blockchain insights.}