[ Definition ]

Layer 1 (L1)

A base blockchain that provides its own security and final settlement, such as Bitcoin or Ethereum.

Part of the Stack and Story crypto glossary: plain-English definitions of the terms that actually move markets, each with the deeper read one click away.

More in the glossary
Basis tradeBitcoin dominanceCEXCold storageDeFiDEXFunding rateGas feeHalvingLayer 2 (L2)LiquidityMarket capitalisationNot your keys, not your coinsOn-chainRollupSeed phraseSelf-custodySlippageSpot ETFStablecoinTotal value locked (TVL)

Read any crypto situation like an analyst.

The free 5-Minute Crypto Cheat Sheet, then one calm briefing every Sunday.

Free · Independent · Unsubscribe anytime · Privacy