Layer 1
Definition
The base blockchain protocol (e.g., Bitcoin, Ethereum) responsible for consensus, security, and native token settlement.
Example
Ethereum is a leading Layer 1 blockchain.
Related Terms
Frequently Asked Question
What is Layer 1 in blockchain?
Layer 1 refers to the base blockchain protocol — such as Bitcoin or Ethereum — responsible for consensus, security, and native token settlement. All Layer 2 scaling solutions build on top of Layer 1 for security.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.