Key Features of Layer 1 Blockchains

Layer 1 blockchains employ robust cryptographic algorithms and consensus mechanisms to secure the network against malicious actors and attacks. This ensures the integrity and immutability of the blockchain's data. Here are some questions to test your knowledge about the key features of Layer 1 blockchains.

Why is the integrity of data important in Layer 1 blockchains?

To prevent network congestion

To increase transaction speed

To ensure immutability

What is the primary purpose of cryptographic algorithms in Layer 1 blockchains?

Network security

Data storage

Transaction speed

Which consensus mechanism is commonly used in Layer 1 blockchains?

Proof of Work (PoW)

Delegated Proof of Stake (DPoS)

Proof of Stake (PoS)