Layer 1 Blockchains: Overcrowded and Overhyped? The Real Story

The cryptocurrency industry has witnessed an explosion of Layer 1 (L1) solutions, each offering unique promises of scalability, decentralization, and improved user experience. Yet, despite the rise in L1 platforms, many of the same challenges persist. With the growing popularity of Layer 2 (L2) solutions that address these scalability concerns, questions arise about the value of constantly... source: https://beincrypto.com/layer-1-blockchain-scalability-solutions/