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Blog iconDamu.eth
Aug 23

How to Buy a Layer 2 NFT

In the next couple years, I believe NFTs will become an everyday commodity. There are already experiments for using NFTs as tickets for Paris 2024 Olympics/Paralympics and UEFA Champions League. However, transaction costs, confirmation time, and on-chain storage are all limiting factors for mass adoption. Solution: Layer 2 (L2)“Layer 2 (L2) is a collective term to describe a specific set of Ethereum scaling solutions. A layer 2 is separate blockchain that extends Ethereum and inherits the sec...

Damu.eth

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Damu.eth
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