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Blockchain In 7 Minutes - What Is Blockchain - Blockchain Explained-How Blockchain Works-SimplilearnLayer-1 blockchains validate and execute transactions without support from another network, and reimburse transaction fees with cryptocurrencies. A Layer-1 Blockchain refers to the foundational level of blockchain architecture, operating as the primary and autonomous chain on which transactions are. Examples of Layer 1 blockchains include Bitcoin, Ethereum, and Cardano. These blockchains handle the processing and security of a cryptocurrency.
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