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1 year agoVault X is a great option :)
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Cake day: November 2nd, 2023
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Vault X is a great option :)
Solana is a layer 1. Sol is used for staking and gas fees. Dapps and Capps can be built on solana. Think of how Polygon is a layer 2 focused on solving the gas fee issue with ethereum which is another layer 1. Think of how the lightning network is a layer two for bitcoin to increase TPS capabilities. Layer 2 for solana don’t have to worry about solving scalability and TPS and gas fees and all that jazz. Instead payment systems, tokenized asset market, whatever you can imagine can be built on top of Solanas ecosystem