Rollups offer faster and cheaper transactions for dApp developers and their customers. Vitalik Buterin described the concept of rollups back in 2014. Rollups are a layer 2 scaling solution to drastically reduce the gas price on the Ethereum mainnet. Rollup transactions execute transactions off-chain and publish the proof of transactions on-chain. A rolledup transaction could include tens of thousands of transactions, which means tens of thousand of transactions can be recorded on the mainchain for the price of one.
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Re Alvarez Parmar
@realvarez
I am a coder, reader, and walker. I write about Cloud, Kubernetes, Blockchain, web3, and, occasionally psychology.