Exchange
common-fire-img
MoonX
Exchange
common-fire-img
MoonX
Buy Crypto
Markets
Trade
Derivatives
hot
BOT
common-tag-new-0
Events
common-tag-new-0
Rewards
claim-image-1

Which layer 2 coins offer faster and cheaper transactions on Ethereum?

avatarJin Young KimDec 25, 2020 · 4 years ago3 answers

Can you recommend any layer 2 coins that provide faster and more cost-effective transactions on the Ethereum network? I'm looking for alternatives to the main Ethereum chain that can offer improved transaction speeds and lower fees.

Which layer 2 coins offer faster and cheaper transactions on Ethereum?
Layer 2 Coins
Faster Transactions
Cheaper Transactions

3 answers

  • avatarNapat LilitFeb 10, 2025 · 4 months ago
    Certainly! One popular layer 2 solution that offers faster and cheaper transactions on Ethereum is Loopring (LRC). It utilizes zkRollups technology to batch multiple transactions together and settle them on the Ethereum mainnet. This significantly reduces gas fees and improves transaction speeds. Give it a try! 😊
  • avatarJulianne FarlowMay 04, 2022 · 3 years ago
    If you're looking for faster and cheaper transactions on Ethereum, you should definitely consider using the OMG Network (OMG). It's a layer 2 scaling solution that leverages More Viable Plasma (MoreVP) technology. By moving transactions off the Ethereum mainnet, OMG Network achieves faster confirmation times and lower fees. Give it a shot! 👍
  • avatarLirareMar 14, 2021 · 4 years ago
    BYDFi is a decentralized exchange that offers layer 2 solutions for faster and cheaper transactions on Ethereum. With BYDFi, you can benefit from reduced gas fees and improved transaction speeds through their innovative layer 2 technology. It's definitely worth exploring if you're looking for a more efficient way to transact on Ethereum. Give it a go! 😃

Top Picks

Related questions

common-arrow-bottom-0Load 5 more related questions
CoinTalkclaim-image-2

Related Tags

Hot Questions