What are Blockchain Rollups? A Systematic Breakdown
Blockchain rollups are right now a buzzword and a rapidly adopted Layer2 scaling solution. Rollups are designed mainly to tackle the scalability issue by creating batches of transactions and computing them off-chain. You might know about Vitalik Buterin’s statement in which he says that we are looking at 50,000 to 100,000 TPS, but Ethereum rollups […]
Rollup, Appchain & the Multichain Thesis-How Chain Abstraction Ties It All
In the midst of multiple rollups and appchains that are functional now, there’s the need to make them not look like separate ecosystems but ideally a one-chain environment for all. In this pursuit, so far, around $436M have been raised to make that happen through a technological breakthrough. That breakthrough is termed as chain abstraction. […]
How rollups are secretly fueling the biggest Crypto x AI boom?
Artificial intelligence and its profound systems like GenAI, deep learning, and genetic algorithms have brought radical transformation to each industry domain that exists today. According to Statistica’s report, the AI market size is set to reach US$184.00bn by the end of 2024. The same level of AI disruption can be seen in the Web3 space, […]
Is TPS Misleading for Rollups? Here’s Why UOPS or Gas/ Sec Are Better
TPS has long been a preferred metric for measuring blockchain performance. It may be a good option for the time when there were only alternative blockchains involved in sending transactions from one address to another. But, things have changed a lot now. Today, we have scaling solutions like rollups with innovative features like Account Abstraction, […]
Mapping Rollup Interoperability for Cross-chain Connectivity
Let’s dive into the most-talked topic in L2 space; rollup interoperability solutions. You may already know that the problem of ‘fragmented interoperability’ has always been a roadblock to seamless Web3 experience and the creation of innovative (or futuristic). Knowing this, Ethereum’s co-founder Vitalik Buterin, in his recent tweet rolled out his vision to enable cross-chain […]
100k TPS with Rollups: What’s Working and What Are We Missing?
By the time you have read this sentence, Visa would have processed 25,000 txs/second , while a rollup would have processed only 4,000 txs/second. Why such a stark difference? Because transactions on the visa network are authorized individually but processed in a bulk. As a result, whatever transactions reach the server are settled as they […]
RaaS: The Key Ingredient to Ethereum’s Rollups Centric Roadmap
In 2020’s, when Ethereum was at its prime, protocol upgrades in the form of the Merge, followed by Shapella focussed exclusively towards improving the base Ethereum layer to make it performant from the standpoint of scalability, security and decentralization. However, over the period, it became increasingly clear that managing all operations on a single execution […]
zkSync’s Elastic Chain: A Bold Move Towards More Interconnected Layer3s
For most of today’s blockchains, a common challenge is ‘state and liquidity fragmentation’, which eventually leads to bad UX and scalability limitations. To provide a solution, ZkSync has designed an ‘Elastic Chain’ that powers a more interconnected ecosystem of independent Zk Chains. Matter Labs, the development & research team behind the ZkSync protocol has referred […]
L2, L3, Agg L2 Rollups: Who Has Better Edge in Scalability and Power?
The race to achieve scalable, efficient, and cost-effective blockchain solutions is heating up, with Layer 2 (L2) rollups leading the charge for a while. Now, with the growing popularity of Layer3 rollups, many new narratives can be seen across the web3 community. Blockchain has influenced various industries by providing a decentralized and transparent way to […]
State of Blockchain Rollups in 2024
Blockchain rollups; whether Optimistic or zero-knowledge, both are designed to address the problem of Ethereum scalability through the approach of taking transaction computation off-chain. Over the years, the rollup ecosystem has undergone several changes, and thus, it has become highly mature. Now that we are in 2024, it’s important to understand how rollups operate in […]