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L1 Extension

Definition

An L1 Extension refers to a solution or protocol built to augment the capabilities of a Layer 1 blockchain, such as Ethereum or Bitcoin, without altering its fundamental architecture. These extensions aim to improve aspects like scalability, transaction speed, or data availability for the base layer. They function by providing additional processing capacity or specialized functionalities off-chain or through sidechains. The goal is to enhance overall network performance and utility.