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What is a separate blockchain network built based on the mainnet to improve computational speed and fees?

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In this guide, you’ll learn the answer to “What is a separate blockchain network built based on the mainnet to improve computational speed and fees?” in OverWallet.

What is a separate blockchain network built based on the mainnet to improve computational speed and fees?

Question: What is a separate blockchain network built based on the mainnet to improve computational speed and fees?

Answer: L2.

Further reading

What is the blockchain network that verifies new functions in advance to ensure the stability of the mainnet?

What is a blockchain network that operates independently with a consensus algorithm?

What do we call all the rules for how a blockchain works?

About the author

Lim How Wei

Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies. He has researched, tested, and written thousands of articles ranging from social media platforms to messaging apps.

Lim has been quoted and referenced by major publications and media companies like WikiHow, Fast Company, HuffPost, Vice, New York Post, The Conversation, and many others. One of his articles about the gig economy was quoted by Joe Rogan who hosts The Joe Rogan Experience (arguably the most popular podcast in the world), in the This Past Weekend podcast by Theo Von.

In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others. He creates guides, walkthroughs, solutions, and more on games that he plays to help other players with their progression.