Layer-2Solutions - Cwallet Blog

How To Send and Receive Lightning Fast Bitcoin Payments with Lightning Network

Typically, to use the Lightning Network, you’d need to connect with a Lightning wallet or node. However, you must first obtain a suitable wallet to use the Lightning Network.

Ethereum Layer 2

Comparing Top 3 Ethereum Layer 2 Solutions: Optimism vs. Arbitrum. vs. Polygon

Polygon is the best fit for someone looking to improve functionality because it is quicker than the other two and offers more benefits due to its ability to work as an independent environment.

Blockchain Technology

On-chain Vs. Off-chain Transaction: Difference Explained.

On-chain transactions are cryptocurrency transactions that take place on the blockchain and are validated by the integrity of the network. Off-chain transactions refer to those that happen away from the blockchain. They involve a third party who acts as a guarantee.

Ethereum

Solana vs Avalanche: Which is The Actual ETH Killer?

Solana is currently a bigger network than Avalanche, having experienced massive usage from the crowd community; perhaps, if the Avalanche network is put to the test, we can say for sure whether it beats Solana or not.

Lightning Network

TIPS TO INVESTING IN LIGHTNING NETWORK

...to invest in the lightning network, you must become involved in the network participation of an LN-compatible blockchain by creating a lightning node. A lightning node is a computing unit that interacts with the main blockchain network.

Scalability

State Channels Explained

A state channel is a smart contract that allows off-chain transactions by enforcing strict rules that either party must agree to by signing off on it; this signature can be cryptographically proven on the Blockchain.

Blockchain

WHAT ARE LAYER-2 (OFF-CHAIN) SCALING SOLUTIONS

Layer-2 solutions are created to help scale a blockchain by processing transactions of the mainnet Blockchain. Unlike Layer-1 solutions, they do not require any changes or forks to the Blockchain’s protocol; they work with the mainnet to achieve scalability.