PlainCoin
Chapter 8 Core concepts

What are different crypto networks?

Mainnet, Layer 2, sidechains, and app-chains — how blockchains relate to each other and why your wallet needs to know which one you're on.

The short version
  • A network is a separate blockchain with its own ledger, validators, and native gas token.
  • Layer 1 (L1) = the base chain (Ethereum, Bitcoin, Solana). Layer 2 (L2) = built on top of L1 for cheaper/faster transactions.
  • Your wallet address can look the same across EVM chains, but balances and assets are not shared — each network is its own ledger.
  • Bridging moves assets between networks and adds smart-contract or custodial risk.

A network (also called a chain) is an independent blockchain: its own transaction history, validators, and rules. “Ethereum” and “Arbitrum” are different networks even though they share EVM compatibility.

01

The main categories

TypeExamplesRole
Layer 1 (L1)Ethereum, Bitcoin, SolanaBase security and settlement
Layer 2 (L2)Arbitrum, Optimism, BaseCheaper transactions, settled back to L1
SidechainPolygon PoS (legacy)Separate validators, bridge to L1
App-chaindYdX, HyperliquidChain optimised for one platform

Bitcoin is its own L1 with a different model (no general-purpose smart contracts). Solana is a separate L1 with a different virtual machine — not EVM.

02

Same address, different balances

On EVM chains, your wallet address (e.g. 0xabc…) is identical everywhere. But ETH on Ethereum mainnet is not ETH on Arbitrum in the sense of a shared balance — each network tracks holdings separately.

Your wallet UI switches networks via a dropdown. Sending a transaction on the wrong network is a common beginner mistake: the transaction may fail, or assets may end up on a chain you didn’t intend.

03

Bridging between networks

To move assets from Ethereum to an L2 (or back), you use a bridge — a smart contract or service that locks tokens on one side and mints a representation on the other.

Bridging risks include:

  • Smart contract bugs in the bridge
  • Delays during congestion
  • Wrapped tokens that may not redeem 1:1 in a crisis

Official bridges from L2 teams are generally preferred over anonymous third-party bridges.

⚑ One honest flag

Before any transaction, confirm three things in your wallet: the correct network, the correct recipient address, and that you have enough of the native gas token (ETH on Ethereum, ETH on Arbitrum, MATIC on Polygon, etc.).

If this cleared something up, you can buy me a coffee.

Buy me a coffee Set your handle in src/components/TipJar.astro
← All guides