Luganodes Profile picture
Jan 11 4 tweets 3 min read
1/
Hey👋 @0xPolygon Fam💜

Yes, we are very excited for the #zkEVM final testnet before the mainnet😇

Looking forward to the space!

Here's a short thread for our community to brush up basics of #zkEVM 🧵👇
2/
Polygon #zkEVM is a #decentralized @ethereum Layer 2 scalability solution that utilizes zero-knowledge technology to provide fast finality and validation of off-chain transactions 🚀
3/
zkEVM emulates the #Ethereum Virtual Machine (EVM) and recreates all existing #EVM opcodes for transparent deployment of existing Ethereum smart contracts.

It also utilizes zero-knowledge proofs to attest to the correctness of state change computations 👨‍💻️
4/
With the increasing number of on-chain transactions on #Ethereum, the Layer 1 solution is facing scalability issues

#zkEVM aims to solve this by providing a layer 2 solution that improves scalability & transactions per second while maintaining #decentralization & security 🔐

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More from @luganodes

Jan 13
1/
The @NEARProtocol's unique architecture & it's phased upgrades are designed to enhance:

📈Scalability
🔐Security
🌐Decentralization

As the network continues to evolve, it will become more efficient & better equipped to handle the growing demands of #Dapps
🧵👇 Image
2/
#NEAR uses a Thresholded Proof of Stake (PoS) consensus algorithm to execute transactions 📝
The network algorithmically sets a minimum validator participation threshold, where validators bid for participation👨‍💻️
3/
The sharding model used by #NEAR is called Nightshade, which is powerful but also complex 🛠️

One aspect that requires attention is the fork choice rule, which needs to be executed separately for each chain (shard chains and beacon chain) 🔗 Image
Read 11 tweets
Jan 12
1/
The @Cardano ecosystem is one of the most exciting ecosystems out there,
We take pride in being a leading validator & contributing towards the network's security🔐

Here's a short 🧵 to understand the networks consensus & #staking mechanism👇 Image
2/
#Ouroboros is the Proof-of-Stake (#PoS) consensus mechanism used by the #Cardano #blockchain.

It allows users to delegate their $ADA to a stake pool operator and earn rewards while still maintaining ownership of their tokens💰
3/
It uses a variant of PoS called Delegated-Proof-of-Stake (DPoS) and divides time into epochs and slots, with each node using a verifiable random function (VRF) to generate a random number to select the slot leader🎰
Read 9 tweets

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