Altcoins News
By James Thorp
1 / 13
Reportedly, Arbitrumis a scaling solution meant for Ethereum. It drastically brings down costs and latency.
2 / 13
When it comes to porting contracts to Arbitrum, there is no need for code changes or downloads because Arbitrum is completely compatible with all the existing Ethereum developer…
3 / 13
The Arbitrum team are already working with several dozens of launch partners ahead of their upcoming release on the Ethereum mainnet.
4 / 13
Arbitrum have announced $3,000 each to bounties covering for: “Best use of Arbitrum’s scalability, best use of cross-chain interop, best use of Arbitrum Protocol, best…
5 / 13
This is just one of the protocols proposed for scaling Ethereum, there are several others like Optimism, zkSync, Starkware, Skale, Polygon and many more.
6 / 13
For clarity, Optimistic Ethereum, based on the concept of Optimistic Rollup is an application inside Ethereum which executes transactions very efficiently than Ethereum itself.
7 / 13
zkSync is a user-centric zkRollup developed by Matter Labs. It makes use of zero-knowledge proofs to keep data availability on mainnet to achieve exponentially lower…
8 / 13
They are currently rapidly developing zkSync 2.0, featuring EVM-compatibility in testnet May 2021 and soon they say it will be followed by zkPorter, their new exponential…
9 / 13
StarkWare makes use of scaling solutions for permission-less blockchains. StarkWare also makes use of Cairo, which is a Turing-complete language meant for scaling dApps by making…
10 / 13
Cairo powers StarkEx, which is a scalability engine for transfers, trades, and minting, it is used by dYdX, Immutable X, and diversify.
11 / 13
The prizes are different for different scalability protocols. Users might have to check the exhaustive list of solutions and check the prize pools through different…
12 / 13
Someone on a lighter note stated, there isn't a scaling problem - there is a Chinese mining cartel problem.
13 / 13
While the rest of the world is tired waiting to see Ethereum scale, there is lot of hard work happening to ensure that Ethereum achieves scalability.
The Currency Analytics
Want the full story?