Blockchain

Layer 1

The base blockchain itself, where transactions settle and security lives, before any add-on networks built on top.

Layer 1 is the foundational chain, like Bitcoin, Ethereum, or Solana. It runs its own consensus, validates transactions, and provides the security everything else inherits. When people say 'on-chain,' they usually mean here.

The limit is throughput. A decentralized layer 1 can only process so many transactions per second, which is why fees spike under load. Layer 2 networks exist to take work off the base layer while still settling back to it.

Related terms