Multi-layered blockchain refers to a structure that consists of multiple layers, each serving distinct purposes to improve functionality and performance. The first layer is typically a foundational blockchain that handles core transactions and security. This layer is responsible for maintaining the ledger and ensuring consensus among network participants. The second layer often focuses on scalability and faster transaction processing. It can handle off-chain transactions or additional features that enhance the main blockchain’s capabilities without overloading it. Examples include payment channels and sidechains that allow for faster and cheaper transactions.By separating the different functionalities across layers, multi-layered blockchains can efficiently manage varying tasks, improve speed, and reduce costs. This approach addresses challenges such as network congestion and high fees while maintaining security and decentralization. Overall, multi-layered blockchain architecture offers a more flexible and robust solution for developing and scaling decentralized applications, making it easier for users to interact with the network.

Vermont’s Lawsuit Against Coinbase Comes to an End
Vermont has withdrawn its “show cause order” against Coinbase. The state’s Department of Financial Regulation announced it through a March