"Demystifying Crypto: Understanding Layer 1 and Layer 2"

Welcome to our informative video, "Layer 1 and Layer 2 in Crypto," where we break down the fundamental building blocks of blockchain technology. Whether you're a seasoned crypto enthusiast or just starting your journey, this video will provide you with a clear understanding of the critical concepts behind Layer 1 and Layer 2 solutions in the world of cryptocurrencies.
In this video, we'll cover the following key points:
Layer 1 - The Foundation: We'll delve into Layer 1, which represents the primary blockchain layer. This includes well-known blockchains like Bitcoin and Ethereum, and we'll discuss their strengths and limitations. Learn how Layer 1 provides security, consensus, and decentralization.

Layer 2 - Scaling Solutions: As we move forward, we'll explore Layer 2 solutions, also known as "scaling solutions." These are designed to address some of the scalability issues faced by Layer 1 blockchains. We'll cover technologies like Lightning Network for Bitcoin and various Ethereum Layer 2 solutions like Optimistic Rollups and zk-Rollups.