ZK Rollups for the Crypto Blockchain Reduces Gas Fees
Optimistic Rollups versus ZK Rollups?
Description: ZK Rollups bundles crypto transfers off chain and generates cryptographic proofs to validate Ethereum transactions quicker, cheaper, and securely.
MAKING ETHEREUM FASTER AND GAS CHEAPER
The gas prices rise in tandem with the amount of decentralised apps (Dapps) built on the network and the number of transactions. Ethereum transaction fees soared to over $300 per transaction earlier in 2021, coinciding with a large increase in activity on the Ethereum network. In an attempt to tackle Ethereum’s scalability problem, Zero-Knowledge rollups are being developed to take some of the load off the blockchain network .
ZK-Rollups reduce congestion on the main Ethereum chain which leads to faster and cheaper transactions costs.
ZK Rollups for the Crypto Blockchain Reduces Gas Fees
Optimistic Rollups versus ZK Rollups?