Cross-layer Interoperability: The Future Of Interconnected Layer 2 Ecosystem

Written by haroonbaig | Published 2021/07/03
Tech Story Tags: cryptocurrency | composable-finance | connext | hop-protocol | hyphen | defi | layer2 | decentralized-internet

TLDR Layer-2 scaling solutions were proposed to help solve the prevalent scalability problem and increase the throughput of the underlying Layer-1 platforms. The current market state of the L2 solutions is very fragmented, but they all differ in terms of their technology and approach. Some of the notable projects using ZK-rollups include Loopring, Aztec 2.0, Matter Labs zkSync, Starkware. In Validium, the data is stored off-chain, which increases transaction throughput and efficiency.via the TL;DR App

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Written by haroonbaig | 👋 I write fluff-free & engaging content in crypto space, ECDSA to zk-SNARKs, Bitcoin to Polkadot, DeFi to NFTs 👨‍💻
Published by HackerNoon on 2021/07/03