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Cryptocurrency & Blockchain Glossary

Search and browse concise, mathematically accurate definitions for blockchain, consensus, and cryptographic terminology.

Terms Starting With "L" (3)

Alphabetical Reference
Architecture

Layer 1

The fundamental base-level architecture of a blockchain network (e.g. Bitcoin, Ethereum).

Architecture

Layer 2

A secondary framework built on top of a Layer 1 blockchain to drastically improve throughput.

Finance

Liquidity

The ease with which an asset can be converted into another asset without significantly affecting market price.

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