What is Zora Network?

Edited

Zora Network is a layer 2 built on top of Ethereum. But what does that mean?

Layer 2 (L2) refers to a separate network that extends Ethereum's capabilities while allowing users to leverage its advantages and introduce improvements and enhancements.

Zora Network is built on the Optimism Collective's open-source OP Stack. You can learn more about the OP Stack here. Although Zora developed and released the Zora Network software, Zora does not operate it.

How do L2s work?

Layer 2 networks alleviate Ethereum's transactional burden by handling transactions offchain. These offchain transactions are then aggregated and posted back to the Layer 1 blockchain in bundles, referred to as proofs. These proofs ensure the security and provability of all transactions conducted on the Zora Network.

While layer one blockchain networks like Ethereum prioritize security, data integrity, and decentralization, L2 solutions specialize in handling transaction execution. This clear division of responsibilities between L1 and L2 fosters a more scalable and optimized ecosystem.

Learn more about Layer 2 networks here!