1⃣ What are #zk rollups?
ZK-Rollups are a layer-2 scaling solution that allow transactions to be completed faster with even lower fees and additional security.
ZK-Rollups are a layer-2 scaling solution that allow transactions to be completed faster with even lower fees and additional security.
2⃣ How do #zk rollups work?
Zk-rollups increase scalability by bundling multiple transactions from a Layer-1 network, such as Ethereum and taking those transactions off-chain. Then, executing validity checks, and sending back only the important transactional data on-chain.
Zk-rollups increase scalability by bundling multiple transactions from a Layer-1 network, such as Ethereum and taking those transactions off-chain. Then, executing validity checks, and sending back only the important transactional data on-chain.
3⃣ Advantages
- Security
- Low costs
- Reduced storage on-chain
- Security
- Low costs
- Reduced storage on-chain
4⃣ Disadvantages
- Upgradeability risks
- High computing power required
- Upgradeability risks
- High computing power required
5⃣ Most promising #zk rollup projects
$AZERO - $279M Market Cap
$ROSE - $263M Market Cap
$SYS - $107M Market Cap
$MINA - $602M Market Cap
$MATIC - $9.4B Market Cap
$AZERO - $279M Market Cap
$ROSE - $263M Market Cap
$SYS - $107M Market Cap
$MINA - $602M Market Cap
$MATIC - $9.4B Market Cap
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