COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Ethereum Takes Significant Step to Scale Layer-2 Rollups
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Blockchain News > Ethereum Takes Significant Step to Scale Layer-2 Rollups
Blockchain News

Ethereum Takes Significant Step to Scale Layer-2 Rollups

In Brief

  • Ethereum advances in scaling Layer-2 rollups, needs unifying infrastructure.

  • Polygon co-founder Anurag Arjun shifts focus to rollup infrastructure.

  • Rollups seek scalable data availability, similar to Ethereum's sharding goals.

COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

Ethereum, has taken a meaningful step in helping scale Layer-2 rollups, but the ecosystem needs a unifying infrastructure from neutral third-party players to facilitate user experience. According to Avail co-founder Anurag Arjun, who examined the current state of the rollup ecosystem during an interview at the ETHGlobal conference in London, this is the case.

Contents
Notable Comments from a Prominent FigureLayer-2 and the Ethereum Ecosystem

Notable Comments from a Prominent Figure

Sandeep Nailwal, along with Jaynti Kanani and Mihailo Bjelic, co-founded the Ethereum Layer-2 network Polygon, and Arjun has redirected his focus to creating a rollup infrastructure to unify the Ethereum Layer-2 ecosystem. During his time at Polygon, the team shifted to developing technology in line with Ethereum’s rollup-centric roadmap following the launch of Polygon’s proof-of-stake chain. As Arjun explains, this shift also required a new infrastructure:

“We knew that in the rollup world, you also need scalable data availability. That’s why we started Avail within Polygon in 2020.”

In March 2023, Arjun acquired the intellectual property rights from Polygon to continue developing Avail and was allowed to establish an independent company with Prabal Banerjee. Arjun stated in his remarks that they aim to be a rollup platform serving major rollup protocols like Starkware, zkSync, Arbitrum, and Optimism:

“The technology we are implementing is called data sampling. It is very similar to what Ethereum wants to do in its sharding roadmap.”

The roadmap itself is a long journey, and full danksharding functionality is only expected to become a reality in the next few years. Arjun says that rollups may not be able to wait that long for the data sampling capabilities that enable efficient verification of rollups:

“During the journey, we realized we would solve the scalability of rollups with scalable data availability. This would enable a world with tens of thousands of rollups but a very poor user experience.”

Layer-2 and the Ethereum Ecosystem

These developments are not a misrepresentation of the current Ethereum user experience, which requires navigating between different rollups to bridge funds or execute transfers or swaps. This experience is inherent to the nature of rollups and is something Arjun wants to solve:

“Theoretically, we take the proofs produced by independent rollups and combine them, so you can allow rollup users within rollups to communicate with each other.”

The envisioned end result is a unified rollup ecosystem. To achieve this goal, there is a need for a trusted and neutral third party to coordinate this process between different rollups that perform different functions.

While Arjun describes the Solana blockchain ecosystem as a large network with numerous applications, where users only have to deal with a single network, Ethereum’s rollup-centric roadmap has resulted in an ecosystem with many different Layer-2 chains.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

TxFlow L1 mainnet launches with high-performance on-chain finance infrastructure

Aave Labs Plots Sweeping Shift To Direct Protocol Revenue To DAO Treasury

Cybercriminals Deploy Torg Grabber Malware to Target 728 Crypto Wallet Extensions

Startale Secures $63 Million as SBI and Sony Back Blockchain Tokenization in Japan

African Crypto Market Stands Out With Rapid Growth And New Regulation

COINTURK NEWS 20 March, 2024 - 3:18 pm 20 March, 2024 - 3:18 pm
Share This Article
Facebook Twitter
Share
Previous Article Bitcoin Faces Uncertainty Before Fourth Block Reward Halving
Next Article Avalanche and Alipay+ Team Up to Transform Digital Consumer Experience
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Shiba Inu burns slash 41 percent of supply worth $7.35B
Shiba (SHIB)
RAVE token loses 90 percent and $5.7B vanishes in 48 hours
Cryptocurrency News
France reports 41 crypto kidnapping cases in 2024
Economy
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?