Layer 2

Solutions built on top of a base blockchain (Layer 1) to enhance scalability and transaction speed without sacrificing security. Layer 2 solutions, such as state channels, plasma chains, and rollups, offload transactions from the main chain, thereby reducing congestion and fees.

Proof of Stake (PoS)

Proof of Stake (PoS) is a consensus mechanism used by some blockchain networks as an...

Flash Loan

A type of loan in DeFi that allows borrowers to access significant amounts of cryptocurrency...