Discover and read the best of Twitter Threads about #dataavailability
Most recents (2)
1/ Why is #blockchain scaling so controversial? From the #blocksizewars to #Alt L1s and #rollups.
Is it really that hard?!
🧵 time...
Is it really that hard?!
🧵 time...
2/ Blockchains like #Bitcoin and #Ethereum strive for maximum #decentralization and #censorship-resistance while remaining totally open and inclusive networks. However, they also want to scale to accommodate billions of users. 
3/ As they stand right now, their limited capacity to process transactions at the base layer (~7 and ~20 TPS, respectively) are in direct opposition to achieving that goal.
The question is “What is the best method of scaling a blockchain?” 🧐
@TrustlessState @sassal0x
The question is “What is the best method of scaling a blockchain?” 🧐
@TrustlessState @sassal0x
1/ CT giving waaay too much shine to these @bitfinex idiots.
Sure, reality TV is fun (I guess) but instead, I’ll try to send the spotlight to a more deserving group: @zksync @the_matter_labs @gluk64
Thread time 🧵...
Sure, reality TV is fun (I guess) but instead, I’ll try to send the spotlight to a more deserving group: @zksync @the_matter_labs @gluk64
Thread time 🧵...
2/ To begin, some high-level Pros and Cons of zkSync’s approach to zk-rollups (ZKs)
Pros
- Less data contained in each transaction increases throughput and decreases fees (vs L1)
- No withdrawal periods and faster finality
- Inherent (and cheap) privacy (improvements)**
Pros
- Less data contained in each transaction increases throughput and decreases fees (vs L1)
- No withdrawal periods and faster finality
- Inherent (and cheap) privacy (improvements)**
3/ Cons
- Generalized smart contract support (similar to @StarkWareLabs #StarkNet ) is not live or production-ready
- Initial trusted setup ceremony scares some, introduces trust
- New, less battle-tested cryptography **
@0xangelfish
- Generalized smart contract support (similar to @StarkWareLabs #StarkNet ) is not live or production-ready
- Initial trusted setup ceremony scares some, introduces trust
- New, less battle-tested cryptography **
@0xangelfish
