SKALE Partners with Base to Launch AI-Focused Layer 3 Blockchain

Layer 1 blockchain SKALE collaborates with Layer 2 network Base to develop a Layer 3 chain aimed at artificial intelligence applications.

Summary

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Terms & Concepts
  • Layer 1 blockchain: A base blockchain network, such as Ethereum, that handles transactions and smart contracts without relying on another chain.
  • Layer 2 network: A secondary framework built on a Layer 1 blockchain to improve scalability and reduce transaction costs.
  • Layer 3 blockchain: An additional blockchain layer designed for specialized functions, such as application-specific services, often built on top of Layer 2 solutions.