Discover and read the best of Twitter Threads about #l222s
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With @arbitrum Nitro going live last month and @zksync's zkEVM is expected next month, #Ethereum #L222s are getting better, faster, cheaper!
Which begs the question(s)...
How low can tx fees go?
And what are the actual points in a rollup tx that incur a cost?
thread time...
Which begs the question(s)...
How low can tx fees go?
And what are the actual points in a rollup tx that incur a cost?
thread time...
We'll discuss:
-What actually incurs a cost?
- What steps in a L2 tx cost the most?
- Does it vary for ORS vs ZKRs?
- What costs are fixed vs variable?
- Who's doing it best?
@ryanberckmans
-What actually incurs a cost?
- What steps in a L2 tx cost the most?
- Does it vary for ORS vs ZKRs?
- What costs are fixed vs variable?
- Who's doing it best?
@ryanberckmans
So what ARE we paying for? And what steps?
One portion is the transaction execution (L2 fees): executing and batching transactions together, as a Sequencer does, costs compute power and real resources.
So, add it to the bill of rollup tx!
@iam_preethi
One portion is the transaction execution (L2 fees): executing and batching transactions together, as a Sequencer does, costs compute power and real resources.
So, add it to the bill of rollup tx!
@iam_preethi
The #EthereumMerge was a success! But who has time to celebrate? There's still YEARS of work to be done!
In this part 2, we cover the years ahead, looking well into Ethereum’s (ever-changing) roadmap.
FYI, Part 1 is below for a refresher.
In this part 2, we cover the years ahead, looking well into Ethereum’s (ever-changing) roadmap.
FYI, Part 1 is below for a refresher.
There is no official roadmap for #Ethereum, as it is predicated more on rough community consensus.
However, a high-level, noncontroversial plan stretching into 2023-24 is generally regarded as the agreed-upon path for the project.
However, a high-level, noncontroversial plan stretching into 2023-24 is generally regarded as the agreed-upon path for the project.
A more technical roadmap with the progress of each step filled in was updated by @VitalikButerin in December 2021.
Specific developments are tied to future upgrades and are always subject to change.
Consider Merge 💯!
Specific developments are tied to future upgrades and are always subject to change.
Consider Merge 💯!
