fbpx
Reading Time: < 1 minute

Second Layer

Second Layer solutions in Bitcoin refer to any channel that exists off the Bitcoin blockchain. This includes the Bitcoin Lightning Network.

The main point of second layers is to reduce the load on-chain, increase transaction speeds, and reduce the costs of using Bitcoin.

Links

  • The Bitcoin Second Layer, Nik BhatiaMedium
  • ‘Layer 2’ Blockchain tech Is an Even Bigger Deal Than You ThinkCoinDesk