Exposing Layer 3 in Blockchain
Blockchain technology has always evolved as a complex fabric of application and invention. Understanding its structure is essential, as it has evolved from its early days as a decentralized ledger for Bitcoin transactions to its widespread use in the complex realms of smart contracts, dApps, and DeFi. Often referred to as “layers,” the layered design is at the core of this complexity. The blockchain’s usability, scalability, and usefulness are supported by these layers.