Cryptocurrency Q&A Is Moonbeam a layer 1?

Is Moonbeam a layer 1?

Daniela Daniela Thu Aug 01 2024 | 6 answers 1318
Excuse me, but could you clarify something for me? I've been hearing a lot about Moonbeam, and I'm curious if it's considered a layer 1 blockchain solution. Could you elaborate on that, please? I'm trying to get a better understanding of how Moonbeam fits into the broader blockchain ecosystem, and if it's more akin to a foundational layer like Ethereum or a layer 2 solution built on top of another blockchain. Thank you for your time. Is Moonbeam a layer 1?

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