Tag: Layer-2
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Exploring the Current Landscape of Layer 1 and Layer 2 Blockchains
Blockchain technology has evolved a great deal since Bitcoin’s debut in 2009. Today, the digital asset ecosystem is not short of choices when it comes to alternative blockchain networks. While Layer 1 chains such as Bitcoin and Ethereum are still the most dominant networks, Layer 2 scaling solutions are emerging as potential challengers, especially in…
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Optimistic vs ZK Rollups: A Deep Dive into Ethereum’s Layer-2 Scaling Solutions
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 They are called “optimistic” because they assume that off-chain transactions are valid and do not publish proofs of validity for transaction batches posted on-chain.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…