60k followers calls for a thread π
This account has always been about bringing opportunities to users.
Opportunities that we are able to spot because we spend countless hours/day researching..
In our opinion, the next big thing are going to be rollups a.k.a Layer-2's π
This account has always been about bringing opportunities to users.
Opportunities that we are able to spot because we spend countless hours/day researching..
In our opinion, the next big thing are going to be rollups a.k.a Layer-2's π
It's increasingly becoming evident that no monolithic blockchain can scale enough to meet the demands of potentially billions of users
Especially not without compromising on decentralization
Ethereum has chosen to scale *vertically* through rollups which seems very promising
Especially not without compromising on decentralization
Ethereum has chosen to scale *vertically* through rollups which seems very promising
Rollups change the game for Ethereum by separating execution from storage
Today, execution takes up a lot of the blockspace on Ethereum, making transactions expensive.
Increasingly, execution will shift to rollups which only submit proofs ("data") to the Ethereum mainchain
Today, execution takes up a lot of the blockspace on Ethereum, making transactions expensive.
Increasingly, execution will shift to rollups which only submit proofs ("data") to the Ethereum mainchain
So user funds on rollups are 100% secured by the Ethereum mainnet while benefiting from highest speed and 10x lower fees ( more in the future)
TVL on these Layer-2 solutions keeps growing
@arbitrum leads the pack
@bobanetwork launched 1 week ago and added over $1billion in tvl
TVL on these Layer-2 solutions keeps growing
@arbitrum leads the pack
@bobanetwork launched 1 week ago and added over $1billion in tvl
@optimismPBC recently did some big upgrades which will attract an increasing amount of projects, they're only getting started
https://twitter.com/litocoen/status/1463167314803712006?s=20
In the next couple of months we will see the first zk-Rollups go live (even cheaper)
This will lead to innovation like we've never seen before in crypto
@StarkWareLtd and @zksync are the teams to follow here
techcrunch.com/2021/11/16/seqβ¦
This will lead to innovation like we've never seen before in crypto
@StarkWareLtd and @zksync are the teams to follow here
techcrunch.com/2021/11/16/seqβ¦
If you're looking for the next $SOL or the next $AVAX look no further than any of the aforementioned L2's
Think about it, VC's are aping into these at Billion dollar valuations
Surely they see 10-100x potential in them..
techcrunch.com/2021/11/08/matβ¦
Think about it, VC's are aping into these at Billion dollar valuations
Surely they see 10-100x potential in them..
techcrunch.com/2021/11/08/matβ¦
So how to get exposure to rollups?
Not sure but it seems like a good idea to be a heavy user of all the early applications that are launching on L2's
If these L2's ever launch tokens they will reward the builders and the users that supported them
Not sure but it seems like a good idea to be a heavy user of all the early applications that are launching on L2's
If these L2's ever launch tokens they will reward the builders and the users that supported them
Layer-2's also enable new use cases like games, social apps, DAO tooling etc. it will be exciting to see what's going to be built there.
In the next couple of months we will focus heavily on this space and tweet regularly about new projects launching on L2.
In the next couple of months we will focus heavily on this space and tweet regularly about new projects launching on L2.
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