Optimistic rollups are a layer 2 protocol designed to increase the throughput of Ethereum’s base layer. They are called “optimistic” because they assume that off-chain transactions are valid and do not publish proofs of validity for transaction batches posted on-chain. Similarly, Zero-knowledge rollups bundle transactions into batches that are executed off-chain. ZK-rollup operators submit a summary of the changes representing all the transactions in a batch, rather than transmitting each transaction individually. However, unlike optimistic rollups, ZK-rollups produce validity proofs to demonstrate the accuracy of their changes.
Banner Image: Generated by Bitcoin Global Macro The DeFi space had a tumultuous 2022, with the valuation of leading projects as indicated by the market cap being significantly down for the most part of 2022. Average weekly trading volumes for the DeFi sub-crypto market declined by more than 100% from an all-time high of over […]
Banner Image: Generated by Bitcoin Global Macro The regulation of the crypto ecosystem is a rapidly evolving and diverse landscape. Anyone with any knowledge about the space knows how challenging it is to regulate. Nonetheless, a lot of efforts are being made by regulators to tango with the cryptos. Six Reasons Why Regulating Crypto is so […]
Crypto regulation has been a major topic of discussion over the past two years, with different jurisdictions moving quickly to formulate oversight structures. Recently, this nascent industry has come under heavy pressure due to a serious clampdown by the US authorities, which some crypto natives have branded as Operation Choke Point 2.0.
Banner Image: Generated by Bitcoin Global Macro Decentralized Exchanges (DEXs) have undergone a significant evolution since the debut of NXT Asset Exchange, one of the pioneer DEXs to launch in 2014. At the time, using decentralized platforms for exchanging tokens was quite complicated and may in hindsight even have been a little ahead of its […]
Banner Image: Generated by Bitcoin Global Macro The term “Metaverse” was used so frequently during 2022 that everyone should have heard it, even if they don’t know what it means. The hype around the metaverse arguably peaked following the end of 2021 as Mark Zuckerberg announced plans on rebranding “Facebook” to “Meta” and allocating $10 billion […]
Banner Image: Generated by Bitcoin Global Macro The venture capital space has been somewhat shaky lately due to general economic uncertainty, rising inflation, interest rate spikes, fears of recession, and volatile economic situations. Some obvious evidence of this can be seen in overall VC deal value from 2021 to 2022. More precisely, the overall VC […]
Non-fungible tokens (NFTs) have been a topic of interest for most techies over the past few years. But more recently, this nascent space started gaining popularity across other industries, with several Hollywood celebrities and gaming publishers joining the bandwagon. Last year alone, the NFT market generated over $24.7 billion in trading volume amidst a tough […]
Banner Image: Generated by Bitcoin Global Macro The year 2022 will certainly go down in history as one of the toughest years for the digital asset industry, from a hawkish Fed to idiosyncratic risks that saw crypto giants such as Three Arrows Capital and FTX bite the dust. But for those who have been around […]