The Ethereum network is also working on a layer 1 scaling solution, referred to as ETH 2.0, which will be rolled out completely in 2023. This will then bring features such as proof of stake (PoS) and sharding to the main chain. Why Does Ethereum Need Layer 2 Solutions to Scale? Sourc...
This paper presents Veritas, a novel decentralized oracle system leveraging a layer-2 scaling solution, enhancing smart contracts' efficiency and security on Ethereum blockchains. The proposed architecture, explored through simulation and experimental analyses, significantly reduces operational ...
Optimistic rollups represent another Layer 2 scaling solution that operates under different assumptions than ZK rollups. They rely on an “optimistic” approach, where transactions are presumed valid unless proven otherwise. They process transactions off-chain and submit aggregated data to the main block...
The good news, then, is that an ecosystem of layer-two (L2) scaling solutions has already bloomed around Ethereum and is offering multiple different avenues to scale Ethereum for the masses. “Layer-two,” we say, because these innovations work by being appended to Ethereum from the blockc...
The integration with Ethereum Layer 2 exchange DeversiFi powered by Starkware’s Layer 2 scaling solution allows us to provide cheap and instant transactions within our Opera for Android browser wallet. The increasing popularity of the decentralised finance (DeFi) sector, and the ongoing Non-Fungible...
Ethereum can currently process around 15 transactions per second on its base layer (Layer 1). Layer 2 scaling can dramatically increase the number of transactions. Depending on the solution, we’re talking about processing between 2000-4000 tx/second. ...
other solutions, such as sharding and layer-2 scaling methods, such as rollups, were suggested to address Ethereum's scalability problems. These alternatives also had limitations in scalability and complexity, leading to the development of danksharding as a solution for scaling the Ethereum networ...
Data availability is a crucial part of the conversation around blockchain scaling: Layer 2 (L2) rollups are the preferred scaling solution for Ethereum today because availability of the L2 state is enforced by the L1 network. Even so, data availability is poorly understood—particularly in the ...
Either a) or b) is possible on a layer-2 scaling solution or sidechain of the network in question. This is how EVM compatibility is introduced to Cardano and NEAR. Algorand appears to be the only major layer one chain that currently doesn’t have any form of EVM compatibility. However, ...
Ethereum employs a number of parallel blockchain highways, called layer 2 scaling solutions.One of them is zkSync, one more weapon in Ethereum's arsenal against competing smart contract platforms such as Solana or Avalanche. So, what is zkSync, and how does it help to reduce Ethereum gas ...