Optimistic Rollups: Reducing Costs in Blockchain Transactions
Advertising and Marketing / by Neha Pardhi / 48 views
Optimistic Rollups are a groundbreaking layer 2 scaling solution designed to significantly reduce costs in blockchain transactions by increasing throughput and minimizing on-chain data processing. By bundling multiple transactions into a single batch and executing them off-chain, Optimistic Rollups leverage the Ethereum mainnet’s security while drastically lowering gas fees. This efficiency is achieved through the use of fraud proofs, which assume transactions are valid unless proven otherwise, thereby optimizing computational resources. As a result, Optimistic Rollups offer a scalable and cost-effective approach, enhancing the usability and accessibility of blockchain technology for a wider range of applications.
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