Cryptocurrency Q&A
How do Layer 2 blockchains make money?
How do Layer 2 blockchains make money?
mia_harrison_painter
Thu Nov 07 2024
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6
answers
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I'm curious about the monetization strategies of Layer 2 blockchains. How do they generate revenue or profits? Are there specific ways they make money that are different from Layer 1 blockchains?
6 answers
SakuraSmile
Sat Nov 09 2024
Transaction sequencers facilitate user transactions and in return, collect fees from these interactions.
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Martina
Sat Nov 09 2024
L2 Business Model operates on a unique framework where blockchains, encompassing both layer 1 and layer 2, aim to monetize blockspace.
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SumoPowerful
Sat Nov 09 2024
This economic model serves as the backbone for generating revenue in the blockchain ecosystem.
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Sara
Sat Nov 09 2024
When it comes to layer 2 blockchains, a crucial role is played by transaction sequencers.
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ZenFlow
Fri Nov 08 2024
A portion of these collected fees is then utilized for essential operations at the layer 1 level.
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