Why validity rollups are the future of blockchain

validity rollups

Ethereum is one of the greatest inventions of the last decade, opening the door to decentralized applications ranging from blockchain gaming, decentralized finance (DeFi), NFTs, and more. For these applications to truly flourish on Ethereum, and for others to be born, the network requires solutions for greater scalability—that is, much faster and much cheaper transactions. … Read more

Layer 2 scaling solutions: Enhancing blockchain scalability and efficiency

Layer 2 scaling solutions

As blockchains continue to gain traction across various industries, scalability has emerged as a critical challenge that has hindered widespread adoption. Layer 1 (L1) blockchains, such as Bitcoin and Ethereum, face limitations in terms of transaction throughput and speed, leading to network congestion and high transaction fees during periods of increased usage. To address these … Read more

The Layer 2 ecosystem: Scaling blockchain for the future

Layer 2 ecosystem

Blockchain continues to gain traction, with Ethereum reaching a record 2 million daily transactions in January, 2024. Still, a lack of scalability among Layer 1 (L1) chains like Bitcoin and Ethereum hinders its widespread adoption. Enter Layer 2 (L2) solutions: a range of technologies designed to speed up transactions and cut costs, without compromising the … Read more