The Coin Shark: Optimistic Rollups Will Help Reduce Ethereum Fees

  • Friday, 29 January 2021 15:06
Optimistic Rollups Will Help Reduce Ethereum Fees? Optimistic Rollups is a product for off-grid computing on Ethereum. It can help you reduce transaction fees The solution works on top of the Ethereum blockchain. Blockchain entries for DeFi and other popular ERC-20 projects are done quickly, cost effectively and do not overload the network. The developer calls the product safe and timely, as Ethereum 2.0 is still far from the launch. The transition to Proof-of-Stake mining can take years. With the help of Optimistic Rollups, you can bypass various restrictions, including those from Solidity and EVM. The add-on is based on the project's own virtual machine - Cartesi Machine. The developers emphasize that Optimistic Rollups can be used to process smart contracts running on Linux. This expands the possibilities. The add-on allows you to attract developers who have never programmed for blockchain. They will work in a system similar to the web interface. For many it is easier and more familiar.

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.