Tuesday, October 20, 2020

NEXT MAJOR CRYPTOCURRENCY TREND!! Ethereum Layer 2 Scaling! ETH 2.0 Explained

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#ETH2.0 #Layer2Scaling #ScalingEthereum

Is ETH 2.0 really going to be the big news? Or are L2 scaling solutions more important? We read a blog post by Ethereum’s founder, Vitalik Buterin, to discover why he believes ETH 2.0 may not be so important or even useful. We talk about ZK rollups vs optimistic rollups. We talk about the range of ETH scaling solutions such as side chains, rollups, channels etc. We also look at a range of ETH 2.0 scaling solution cryptocurrencies such as Matic Network (MATIC), Omise (OMG), xDAI STAKE (STAKE), Loopring (LRC), Dragonchain, Solana, Raiden (RDN).

Timestamps
0:00 Intro
01:25 Vitalik Buterin talks L2 vs ETH2.0
09:27 L2 Scaling Solutions
12:20 Types of Layer 2 scaling solutions
15:40 ETH scaling bakeoff
17:10 xDAI STAKE

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Sources:


https://ethereum-magicians.org/t/a-rollup-centric-ethereum-roadmap/4698

What is Optimistic Rollup? Ethereum’s Latest Layer 2 Scaling Solution


https://medium.com/matter-labs/evaluating-ethereum-l2-scaling-solutions-a-comparison-framework-b6b2f410f955
https://cointelegraph.com/news/waiting-for-ethereum-20-but-layer-two-solutions-are-needed-now
https://bitinfocharts.com/comparison/ethereum-transactionfees.html#3m



https://www.coingecko.com/en/coins/omg-network

The Great Reddit Scaling Bake-Off from ethereum


Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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