Gas Fee vs Layer 2 Scaling Solution (L2)
Quick comparison to help you distinguish these two crypto terms.
Gas Fee
intermediate
fundamentals
The fee paid in ETH to compensate for the computational resources required to process a transaction or execute a smart contract on Ethereum.
Read full definitionLayer 2 Scaling Solution (L2)
intermediate
fundamentals
A Layer 2 scaling solution is a secondary network built on top of a Layer 1 blockchain that processes transactions faster and cheaper while inheriting the base layer's security.
Read full definition