Walk through any blockchain conference and you will hear designers talk about supply, demand, velocity, and inflation as if they were Lego bricks. That habit has a name now—tokenomics—and it often gets treated as the native economic language of protocols. But...
When the Label Outgrows the Meaning “Layer 2” has spread like weeds through blockchain conversations. It started as a narrow term for scaling systems that sit on top of a base settlement layer. Now? It’s a marketing badge for almost anything...
Back when “Layer 2” first wormed its way into blockchain conversations, the term meant something specific. It described a secondary framework sitting on top of a base blockchain—the Layer 1—that took transaction processing off the main chain. The payoff was higher...