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Lighter.xyz Leads Layer 2 Network Usage with 1,440 Units

Data shows Lighter.xyz dominating L2 usage, followed by Base, Arbitrum, and Optimism, highlighting shifting adoption trends across Ethereum scaling solutions.

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Summary

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Terms & Concepts
  • Layer 2 (L2) Network: A blockchain scaling solution that processes transactions off the main chain (Layer 1) to reduce costs and improve speed.
  • Appchain: A blockchain designed for a specific application, offering tailored performance and customization for that use case.
  • Zero-Knowledge Proof (ZKP): A cryptographic method enabling one party to prove to another that a statement is true without revealing extra information.