Exactly one year ago, I wrote my first thread on Twitter
It's been an amazing 12 months of sharing, learning, and growing on Twitter. I'm grateful for each and every one of you who has been a part of this journey with me
A quick recap 🧵
The first thread was a short guide on how to begin in Web3
My own inspiration came from the famous @cdixon - @tferriss podcast
Current solutions to ZK-Rollups are mostly centralized
Only specific operators can submit tx batches and validity proofs to L1
Polygon zkEVM (@0xPolygonHermez) solves this by using a Proof-of-Efficiency (PoE) model to decentralize the process
Here's how it works 🧵
Producing validity proofs for zk rollups requires high computation power
This makes the process centralized as not everyone can afford the high amount of resources
To build an efficient and decentralized rollup network, we need a model that provides:
• Permissionless access to produce L2 tx batches
• Efficient network performance
• Decentralization
• Security
• Total validation effort proportional to the value in the network
These are the principles that Proof-of-Efficiency is built around