Running With Rollups: Modular Layer-2 Blockchain Scaling Explained
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In 2022, 7.75 million smart contracts were deployed on the Ethereum network, including 4.6 million contracts in the fourth quarter alone. Layer-2 (L2) scaling solutions that continue to iterate and innovate on its underlying technology have taken the community by storm. This article explains rollups, modular blockchains, data availability, multi-party computation and hyperscalability.