Quick Reads and Hot Links Covering the People and Projects Who Are Scaling Ethereum
Dear Frens,
The bull is tightening its rein on the market, and as expected we are seeing gas fees on Ethereum soar. This and many other issues reinforce Layer 2 solutions' crucial role in this path toward global adoption. Despite challenges like centralization and interoperability issues, with over $30 billion in total value locked, Layer 2 momentum remains strong, driving innovation and growth within the ecosystem.
In our previous issue, Kornekt explored the rollup stages, emphasizing the maturity framework inspired by Vitalik Buterin, categorizing rollups into Stage 0, Stage 1, and Stage 2. Stage 0 projects like Optimism post all transactions on-chain, while Stage 2 projects allow permissionless fraud proofs and time-locked upgrades for user security.
This week, we take a peek at the tech behind optimistic rollups. Optimistic rollups are Layer 2 protocols that enhance Ethereum's scalability by processing transactions off-chain, reducing computation on the main chain. They rely on Ethereum's security by publishing transaction results on-chain.
In addition to knowing more about optimistic rollups, we bring you updates on governance and activity for the major L2s and ecosystem updates to keep you informed about the latest releases and events.
Enjoy and stay tuned for more!
Contributors: Lucent1, Warrior, jengajojo, Tonytad, anointingthompson1.eth, Kornekt, WinVerse,
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