Understanding L1 and L2 Blockchains
Understanding L1 and L2 Blockchains
Understanding L1 and L2 Blockchains
This course is designed to provide a comprehensive understanding of L1 and L2 blockchains. It will cover the fundamental concepts and principles of blockchain technology and explore the differences and similarities between L1 and L2 blockchains. The course will also examine the use cases and real-world applications of L1 and L2 blockchains, as well as the technical aspects of how they work.
Courses in this Certificate Program
- 2 Hours Total
- LIVE Online: 2 Hours+
- Tuition: $99
Courses in this Program | Hours | Delivery Method |
---|---|---|
Student Orientation | 1 Hour | LIVE Online (optional) |
Understanding L1 and L2 Blockchains | 2 Hours | LIVE Online |
LIVE Instructor AMA - bi-monthly | 1 Hour + | LIVE Online (optional) |
Upcoming LIVE Instruction Dates
Instructor AMA Friday December 20 2024
Friday | 1 Hour | 2:00-3:00 PM EST (11:00 AM PT, 6:00 PM GMT) Attend LIVE to learn directly from...
December 20 @ 2:00 pm - 3:00 pmInstructor AMA Friday December 20 2024
Friday | 1 Hour | 2:00-3:00 PM EST (11:00 AM PT, 6:00 PM GMT) Attend LIVE to learn directly from...
December 20 @ 2:00 pm - 3:00 pm
Understanding L1 and L2 Blockchains Course Objective:
The main objective of this course is to equip students with the knowledge and skills to understand and analyze the various types of blockchains, with a particular focus on L1 and L2 blockchains. Upon completion of this course, students will be able to:
- Understand the basic concepts and principles of blockchain technology and its various types (public, private, consortium)
- Distinguish between L1 and L2 blockchains and evaluate their advantages and limitations
- Analyze real-world use cases and applications of L1 and L2 blockchains in different industries
- Understand the technical aspects of how L1 and L2 blockchains work, including consensus mechanisms and smart contracts
- Evaluate the potential benefits and limitations of L1 and L2 blockchains in different industries and make informed decisions about their use.
Certificate of Completion – Understanding L1 and L2 Blockchains – 2 Hours
Understanding L1 and L2 Blockchains Outline
Module 1 – Introduction
- Definition of blockchain technology
- Types of blockchains (public, private, consortium)
- Distinction between L1 and L2 blockchains
Module 2 – Layer 1 Blockchains
- Overview of L1 blockchains
- Bitcoin as an example of an L1 blockchain
- Limitations of L1 blockchains (scalability, speed, cost)
Module 3 – Layer 2 Blockchains
- Overview of L2 blockchains
- Example of L2 blockchains: Plasma, Lightning Network, State Channels
- Advantages of L2 blockchains (scalability, speed, cost)
Module 4 – Use Cases
- Real-world applications of L1 and L2 blockchains
- Comparison of L1 and L2 blockchains in various industries (finance, supply chain, gaming, etc.)
Module 5 – Technical Aspects
- How L1 and L2 blockchains work
- Consensus mechanisms (Proof of Work, Proof of Stake, etc.)
- Smart contracts and their role in L1 and L2 blockchains
Module 6 – Conclusion
- Risk of using L2 Blockchains
- Limits of using L2 Blockchains
- Regulatory and Legal considerations
- Recap of key concepts
- Future developments in L1 and L2 blockchains
Module 7 – Layer 0 and Layer 3 blockchains
- Layer 0 Blockchains
- Layer 0 Value
- Layer 0 Drawbacks
- Layer 3 Blockchains
- Layer 3 Value
- Layer 3 Risks
Note: The course will be delivered through a combination of lectures, case studies, hands-on exercises, and group discussions.
Course Info
- October 25, 2023 - 10 AM to 12 PM EST
- LIVE Online
- Tuition: $99
- Tuition Assistance
- 2 Hours Total
Additional Information
- Module Quizzes and Knowledge Checks
- Guest Lectures & Networking
- Student Orientation
- LIVE Online Instructor AMAs
- Certification Exam Prep
Certification Competencies
This course provides education toward two Web3 Certification Board (W3CB) Focus Areas Certification Exam Competencies.