🚨 Opside, A Layer 3 Blockchain / Testnet is Live
@OpsideL2 is a three-layer blockchain architecture of the form "Base Layer <- Sidechain <- Rollups." Let's See how that works, Test the product and Give them feedback 🚀
⭕️ like and RT / Tag frens
#AlphaInsiders 🧵🕵️♂️⚡️🪂
@OpsideL2 is a three-layer blockchain architecture of the form "Base Layer <- Sidechain <- Rollups." Let's See how that works, Test the product and Give them feedback 🚀
⭕️ like and RT / Tag frens
#AlphaInsiders 🧵🕵️♂️⚡️🪂
1/
WE (AlphaInsiders) ARE NOT FINANCIAL ADVISORS.
THIS IS NOT FINANCIAL ADVICE.
Everything in this thread is intended as educational material, not financial advice for any individual. ALWAYS DYOR.
WE (AlphaInsiders) ARE NOT FINANCIAL ADVISORS.
THIS IS NOT FINANCIAL ADVICE.
Everything in this thread is intended as educational material, not financial advice for any individual. ALWAYS DYOR.
2/
⭕️ What is Opside?
There are a lot of blockchain scalability solutions: sidechains, optimistic and zk rollups. They build up layer 2s with much lower gas than layer 1, but still not enough for high-throughput applications like games.
Starkware came up with the concept of L3
⭕️ What is Opside?
There are a lot of blockchain scalability solutions: sidechains, optimistic and zk rollups. They build up layer 2s with much lower gas than layer 1, but still not enough for high-throughput applications like games.
Starkware came up with the concept of L3
3/
But rollups also have some problems. Rollups store their compressed data and verify their state transitions on L1. So their performance is limited by layer 1 as an upper bound. Furthermore, each transaction running on the rollup finally requires a gas fee on layer 1.
But rollups also have some problems. Rollups store their compressed data and verify their state transitions on L1. So their performance is limited by layer 1 as an upper bound. Furthermore, each transaction running on the rollup finally requires a gas fee on layer 1.
4/
Opside introduces another three-layer architecture for applications. Its layer 2 is a sidechain connecting to layer 1 through bridges, and layer 3 is a bunch of rollups running on layer 2, aka base layer <- sidechain <- rollup.
Opside introduces another three-layer architecture for applications. Its layer 2 is a sidechain connecting to layer 1 through bridges, and layer 3 is a bunch of rollups running on layer 2, aka base layer <- sidechain <- rollup.
5/
Based on this architecture, layer 2 gains asset variety from bridges and infinite scalability from rollups, providing a more friendly running environment for applications.
The tradeoff is that its security relies on layer 2 rather than layer 1. 🔥
Based on this architecture, layer 2 gains asset variety from bridges and infinite scalability from rollups, providing a more friendly running environment for applications.
The tradeoff is that its security relies on layer 2 rather than layer 1. 🔥
6/
⭕️ Architecture
This is how the system will work
🔸Layer3: Rollup as a Service
🔸Layer 2: Sidechain for Execution
🔸Layer 1: Assets from Blockchains
⭕️ Architecture
This is how the system will work
🔸Layer3: Rollup as a Service
🔸Layer 2: Sidechain for Execution
🔸Layer 1: Assets from Blockchains
7/
⭕️ Roadmap
🔸Q3 2022
Started with Layer 2 testnet and bridges to Ethereum and other chains
🔸Q4 2022 -Q1 2023
Started Layer 3 testnet based on Zk-Rollups
🔸Q2- Q3 2023
Will start with high throughput with applications running on testnet
🔸 Q4 2023
Support Optimistic / ZkEVSs
⭕️ Roadmap
🔸Q3 2022
Started with Layer 2 testnet and bridges to Ethereum and other chains
🔸Q4 2022 -Q1 2023
Started Layer 3 testnet based on Zk-Rollups
🔸Q2- Q3 2023
Will start with high throughput with applications running on testnet
🔸 Q4 2023
Support Optimistic / ZkEVSs
8/
⭕️ Why We are doing this?
There are 3 main reasons and a good idea to start testing the product today
🔸Its a great product, building something unique & you gonna hear more about it in future
🔸You might get the early-testers role in their discord
🔸There will be a $IDE token
⭕️ Why We are doing this?
There are 3 main reasons and a good idea to start testing the product today
🔸Its a great product, building something unique & you gonna hear more about it in future
🔸You might get the early-testers role in their discord
🔸There will be a $IDE token
9/
⭕️ What to do?
🔸Get some test tokens
faucet-testnet.opside.network
🔸Bridge Layer 2
bridge-testnet.opside.network
🔸Stake on Layer 2
staking-testnet.opside.network
🔸Bridge Layer 3
zkbridge-testnet.opside.network
🔸Join Discord / Feedback
discord.gg/uZtfWuGjhA
🔸Follow @AlphaInsiders For Uodates
⭕️ What to do?
🔸Get some test tokens
faucet-testnet.opside.network
🔸Bridge Layer 2
bridge-testnet.opside.network
🔸Stake on Layer 2
staking-testnet.opside.network
🔸Bridge Layer 3
zkbridge-testnet.opside.network
🔸Join Discord / Feedback
discord.gg/uZtfWuGjhA
🔸Follow @AlphaInsiders For Uodates
10/
If You Want To Claim The Next #Airdrop
Make sure to follow 🚨 @AlphaInsiders and Join Our Discord discord.gg/alphainsiders
🔸You can read this on Mirror & collect the post as an NFT
mirror.xyz/alphainsiders.…
🔸Lens
lenster.xyz/u/alphainsider…
This is #AlphaInsiders🕵️♂️⚡️
If You Want To Claim The Next #Airdrop
Make sure to follow 🚨 @AlphaInsiders and Join Our Discord discord.gg/alphainsiders
🔸You can read this on Mirror & collect the post as an NFT
mirror.xyz/alphainsiders.…
🔸Lens
lenster.xyz/u/alphainsider…
This is #AlphaInsiders🕵️♂️⚡️
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