PlutoChain
  • 🤝Welcome to PlutoChain
  • ❓Why Built on Layer 2?
  • Tokenomics
    • 🪙Pluto Chain Token
    • 🗒️Smart Contracts
    • 🛡️Security and Compliance
    • 🗳️Governance Process
    • ✅Audit
    • 💳How To Buy
  • PlutoChain Devnet
    • 💡Getting Started
      • Addresses
      • Testnet Setup
      • Deploying Your First Contract on PlutoChain Testnet
  • Resources
    • 📜Terms and Conditions
    • ⚠️Restrictions
    • ☣️Risks
    • 🖊️Forward Looking Statements
    • 🔐Privacy Policy
    • ❗Disclaimer
    • 📖Guide
    • 📷Brand Kit
    • 🌐Socials
    • 💰AML of PlutoChain
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Why Built on Layer 2?

  1. Scalability: Layer 2 solutions have the potential to significantly boost transaction throughput and alleviate congestion on the main blockchain, allowing for a higher number of transactions to be processed per second.

  2. Reduced Transaction Costs: L2 solutions often achieve lower transaction fees by processing transactions off-chain or on a separate chain. This cost-effectiveness benefits users who engage in transactions.

  3. Swift Confirmations: Transactions conducted on Layer 2 can be confirmed much more rapidly than those on the main chain. This enables instant payments and enhances the overall user experience.

  4. Interoperability: Many Layer 2 solutions are intentionally designed to be compatible with multiple L1 blockchains, facilitating cross-chain interoperability.

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Last updated 5 months ago

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