How do zk rollups and optimistic rollups impact the scalability of cryptocurrencies?

1 answers

• Nov 26, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that zk rollups and optimistic rollups have a big impact on the scalability of cryptocurrencies. zk rollups use advanced cryptographic techniques to bundle multiple transactions together and submit them to the main blockchain as a single proof. This significantly reduces the load on the main chain and allows for faster and cheaper transactions. On the other hand, optimistic rollups rely on a different approach. They assume that most transactions are valid and only resort to the main chain in case of fraud. This allows for faster transaction confirmations but introduces a higher risk of fraudulent activities. Overall, both zk rollups and optimistic rollups are promising solutions for improving scalability in the world of cryptocurrencies.
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