๐Ÿ”’ Closed Naruto airdrop mga boss limited

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๐Ÿ“„ Answers

1) What is layer 2 scaling?

Ans: Layer-2 scaling is a technique that moves transactions off-chain (as opposed to layer-1 scaling techniques, which improve the transaction throughput of the base chain). layer-2 leverage on many of the benefits of blockchains with minor tradeoffs and assumptions

2) What are the benefits of layer 2 scaling? (Give at least 2 examples of its benefits)

Ans (a): Layer 2 helps scale application by handling transactions off the main chain

Ans (b): It also solve gas issue that might clog due to busy network

3) If "1 BNB" reach the same price as "1 ETHEREUM" will this have an impact on gas costs? and what is the solution for that?

Ans: Unlike Eth with geeks approving blocks, it was BNB was not setup that way

4) How Much Transaction Volume BNB on February 17 / 2021?

Ans: $5,236,224,271

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