Transaction Layer

Definition ∞ The transaction layer is the component of a blockchain network responsible for processing, validating, and broadcasting individual transactions. It ensures that all proposed transfers of value or data adhere to the network’s established rules before inclusion in a block. This layer acts as the primary interface for users to interact with the decentralized ledger. It manages the flow of information that constitutes the network’s activity.
Context ∞ The transaction layer is frequently referenced in crypto news when discussing network congestion, transaction fees, or protocol upgrades. Performance metrics related to this layer, such as transactions per second, are often compared across different blockchains. Its efficiency and security are fundamental to the user experience and overall utility of any digital asset system.