What's meant by "L1" in the article? | Hacker News

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		jjtheblunt on June 8, 2022 \| parent \| context \| favorite \| on: Is it a Ponzi? A framework for evaluating crypto p... What's meant by "L1" in the article?

wasifbaig on June 8, 2022 [–]

It's short for "Layer 1".

Layer 2 solutions/protocols are built on top of layer 1 protocols like Ethereum and Cardano.

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