Independent explainers · No ads · No affiliate links

Money, fintech & crypto, explained from primary sources

RiskCrypto-assets are high-risk and can lose all their value. We explain; we do not advise. Read the risk disclosure.
Section

Networks & Ecosystems

Why there are so many blockchains, and what actually differs between them.

7 explainers62 sources cited

Start with

  • Networks & Ecosystems · Beginner

    Layer 1 vs layer 2

    Base chains settle; layer 2s batch transactions on top. What each layer does and who you end up trusting.

    6 min readBeginner

Every explainer in Networks & Ecosystems

  • Networks & Ecosystems · Intermediate

    The Bitcoin Lightning Network

    Payment channels, routed payments and invoices on Bitcoin's layer 2 — and what you must watch for.

    5 min readIntermediate
  • Networks & Ecosystems · Intermediate

    What does EVM-compatible mean?

    Chains that run Ethereum's virtual machine: what carries over, what differs, and where users slip up.

    5 min readIntermediate
  • Networks & Ecosystems · Intermediate

    The blockchain trilemma

    Scalability, security, decentralisation: why chains trade one for another, with real node-hardware numbers.

    5 min readIntermediate

Terms used in this section

Glossary A–Z →
  1. Block explorer

    The search engine for a public blockchain, and how to read a transaction page.

  2. Fork

    How blockchains change their rules, and when a change splits the network.

  3. Gas fee

    What you pay to get an Ethereum transaction processed, with the formula worked through.

Other sections

All sections →