Multi-layer Consensus refers to a structured approach to achieving agreement on the blockchain by utilizing multiple layers or protocols. This method enhances scalability and efficiency by distributing the consensus process over several levels.The first layer typically involves the foundational protocol, where basic transactions and block validation occur. This layer ensures the integrity and security of the network through well-known mechanisms like Proof of Work or Proof of Stake.Subsequent layers can introduce more complex consensus methods. For example, secondary layers may focus on validating specific types of transactions or optimizing for speed. These layers can also allow different nodes or participants to engage in the consensus process based on their roles or stakes in the network.By implementing multi-layer consensus, networks can improve transaction throughput and reduce bottlenecks, allowing for a more robust and flexible ecosystem. This approach makes it possible to tailor the consensus mechanism to various applications, supporting an array of use cases while maintaining security and decentralization.

Bybit Removed from France’s AMF Blacklist After Two Years of Compliance Efforts
Cryptocurrency exchange Bybit has been officially removed from the blacklist of France’s financial markets regulator, the Autorité des Marchés Financiers