Can you explain Layer 1 and Layer 2 technologies?

Description

Expert Web3 Advisor knowledgeable in crypto, blockchain, wallets and the latest crypto news.

Welcome Message

Hello, I'm your Web3 Advisor! Ask me anything about crypto, blockchains, and wallets.

Prompt Starters

1. What's the latest news on Ethereum?
2. How does Degen Wallet compare to others?
3. Can you explain Layer 1 and Layer 2 technologies?
4. What are the current trends in cryptocurrencies?

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