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Have?","featured_image_id":10729,"status":"published","chapter_id":7,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-invest-in-crypto","featured_image":{"id":10729,"uuid":"3439a1db-9892-404a-b4b6-a1db5a34bca4","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","path":"crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","original_path":"crypto/storage/original/how-to-invest-in-crypto-featured-image.jpg","name":"how-to-invest-in-crypto-featured-image.jpg","original_name":"how-to-invest-in-crypto-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"75.22KB"},"youtube_video":null},{"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the 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Them?","featured_image_id":11359,"status":"published","chapter_id":7,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-an-airdrop","featured_image":{"id":11359,"uuid":"7b43c968-1275-4d3e-acb1-1707a43a4014","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","path":"crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","original_path":"crypto/storage/original/what-is-an-airdrop-featured-image.jpg","name":"what-is-an-airdrop-featured-image.jpg","original_name":"what-is-an-airdrop-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"66.05KB"},"youtube_video":null},{"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","featured_image_id":11394,"status":"published","chapter_id":7,"language":"en","order":7,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"},"youtube_video":null},{"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":450,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Leverage?","slug":"what-is-leverage","section":"L","keyword":"Leverage","status":"published","definition":"a loan provided by a broker to a trader on an exchange during margin trading to improve the cash flow in trades.","content":"<p><strong>A loan granted by a broker to a trader on an exchange during</strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-margin-trading/">margin trading</strong></a> to boost cash flow is known as leverage. Leverage also relates to the extent to which a trader's profitability and position rise through the loan. The amount of leverage available to the trader is determined by the trading platform they select as well as the digital asset to which they seek to obtain exposure.</p>\n<p>Leveraged trading allows you to <strong>trade larger quantities by amplifying your buying or selling power</strong>. As a result, even if your initial capital is little, you can leverage your transactions by using it as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-collateral/">collateral. For example, let&rsquo;s take a $100 <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin trade. Imagine that a trader&rsquo;s position is increased by leverage of 50x (a 1:50 ratio), which results in a $100 Bitcoin position being worth $5,000 instead.</p>\n<p>This method works for both &ndash; <strong>long</strong> <strong>and short trades</strong>. Going long on a cryptocurrency is a technique that can be used when the price is predicted to rise. However, if prices are predicted to fall, a trader may use shorting as an investing strategy.</p>\n<p><strong>In margin trading</strong>, the initial amount a trader has is referred to as margin. If the asset or cryptocurrency in question declines in value, this amount is used as collateral. Overall, margin trading is really risky because it can boost earnings as well as exacerbate losses. It was even restricted in several countries due to concerns that it could result in large losses for less experienced investors.</p>","level":"easy","meta_title":"What is Leverage? Definition & Meaning | Crypto Wiki","meta_description":"Leverage meaning: Leverage - a loan provided by a broker to a trader on an exchange during margin trading to improve the cash flow in trades.","meta_keywords":null,"language":"en","created_at":"2022-03-21T07:39:47.000000Z","updated_at":"2022-10-06T08:06:33.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-leverage"},"prevSection":{"id":442,"original_id":null,"author_id":41,"translator_id":null,"title":"What is Large Cap?","slug":"what-is-large-cap","section":"L","keyword":"Large Cap","status":"published","definition":"market capitalization of at least ​​$10 billion.","content":"<p><strong>Large cap</strong>, or large capitalization, refers to the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-market-capitalization-market-cap-mcap/">market capitalization</strong></a> of at least $ 10 billion. While the term originated in the traditional markets, it&rsquo;s also applicable in the crypto world. The market cap of a <strong>crypto token</strong> can be calculated when you multiply the price of the currency by its <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-circulating-supply/">supply in circulation</strong></a>.</p>\n<p>Crypto tokens are classified into three categories based on market cap: small, mid, and <strong>large</strong>. This allows investors to know what the scale of the project they&rsquo;re investing in is.</p>\n<p>In the crypto world, well-established projects that belong roughly to the top-25 by market cap are considered to be large cap. They are seen as <strong>the most popular crypto projects</strong> within the crypto industry and are typically backed by a strong community. Furthermore, large cap projects have fewer issues handling adverse events.</p>\n<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mid-cap/">Mid-cap projects</strong></a> are valued between $3 billion and $10 billion. Mid-cap projects may show greater growth than large cap projects, but they are often more volatile.</p>\n<p>The value of small cap projects ranges between $300 million and $2 billion. These projects have a lot of <strong>growth potential</strong> but are very volatile in the face of macroeconomic changes.</p>\n<p>The market cap of a project can be very revealing to investors and allow them to make better judgments of the financial standing, as well as the community perception. Investors are more likely to put their money into a project with a <strong>stronger financial standing</strong> and trustworthy community sentiment.</p>\n<p>Large cap tokens are often preferred over small or mid-cap tokens due to their business model. Large capitalization points towards a more consistent market performance and may show that <strong>the project will have low sensitivity toward small news or events</strong>. This makes the large cap assets appear less volatile and thus garner the attention of more investors.</p>\n<p>Investors may also be interested in the staking rewards that large cap tokens may promise. As the prices increase, <strong>investors can find the interest income of large cap projects beneficial</strong>.</p>\n<p>Large cap crypto projects tend to show more transparency and authenticity in regard to their operational processes. Investors can be granted access to project information that may help them make well-informed decisions. Furthermore, large cap projects must provide their investors with <strong>periodic financial reports and updates</strong>.</p>\n<p>On the other hand, small cap projects shift their focus exclusively to their business objectives. Although small cap stocks have the highest potential for rapid growth, they are significantly more sensitive to market fluctuations and, therefore, more volatile.</p>\n<h2>How to Calculate Market Cap</h2>\n<p>If a project has <strong>40,000 tokens in circulation</strong> and the price of one token is $4, the market capitalization is calculated using the following formula:</p>\n<p>Market capitalization = 40,000 tokens x $4 per token = $80,000</p>\n<p>If the market capitalization exceeds $10 billion, it is considered to be a large cap. Such projects tend to have <strong>long-standing market histories</strong> and are therefore seen as safe investments.</p>","level":"medium","meta_title":"What is Large Cap? Definition & Meaning | Crypto Wiki","meta_description":"Large Cap meaning: Large Cap - market capitalization of at least ​​$10 billion.","meta_keywords":null,"language":"en","created_at":"2022-03-18T15:04:24.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-large-cap"},"currentChapter":"L","currentSection":"what-is-layer-1-blockchain","chapterTitle":"L","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-layer-1-blockchain","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter L

What is Layer-1 Blockchain?

Layer-1 Blockchain MEANING:
Layer-1 Blockchain - a collection of solutions that enhance the protocol's core functionality.
Easy
1 minute

Let's find out Layer-1 Blockchain meaning, definition in crypto, what is Layer-1 Blockchain, and all other detailed facts.

A Layer-1 blockchain stores a variety of solutions used for the enhancement of the protocol's core functionality with the goal of making the system more scalable. One of the main benefits of Layer-1 solutions is that nothing needs to be added to the existing infrastructure. Sharding and consensus protocol changes are two central Layer-1 blockchain solutions.

Talking about sharding, instead of forcing a network to operate sequentially on each transaction, it divides them into small data sets called shards, which can then be handled in parallel by the network.

In terms of a consensus protocol, it guarantees that various blockchain operations are agreed upon nodes rather than a single entity. Talking about changes in consensus protocols, large blockchains like Ethereum are moving from protocols like Proof-of-Work (PoW), which are a bit outdated and chunky, to protocols like Proof-of-Stake (PoS), which are faster and waste less energy.
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