GM Blobs! Welcome back to the second instalment of our series of educative blog posts, related on EIP4844, Dencun and Ethereum’s scaling efforts!In this edition, we’ll be learning about how Layer 2 (L2) networks work in the pre-Dencun era, why they’re cheaper than Ethereum and how they guarantee correctness and safety for end users!IntroductionWhat is a L1?Layer 1 (L1) is typically used to identify a blockchain that doesn’t depend on any external network: it can carry out all the functions ne...

GM Blobs! Welcome back to the second instalment of our series of educative blog posts, related on EIP4844, Dencun and Ethereum’s scaling efforts!In this edition, we’ll be learning about how Layer 2 (L2) networks work in the pre-Dencun era, why they’re cheaper than Ethereum and how they guarantee correctness and safety for end users!IntroductionWhat is a L1?Layer 1 (L1) is typically used to identify a blockchain that doesn’t depend on any external network: it can carry out all the functions ne...