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natalymarcela11 / Rollupszk

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what are Rollupszk #1

Open natalymarcela11 opened 1 year ago

natalymarcela11 commented 1 year ago

Zk rollup is a layer-2 scalability solution that enables blockchains to complete transactions faster while keeping gas fees minimal. Zk rollups combine on and off-chain processing to perform better than layer-1 blockchains.

natalymarcela11 commented 1 year ago

Zk-rollups greatly increase transaction throughput and help reduce transaction costs while inheriting the security of the base-layer (layer-1) network they are connected with for settlement. Instead of posting every single transaction on-chain, zk-rollups only have to periodically post valid batches of transactions from the layer-2 network bundled up to the layer 1, effectively only leveraging the censorship resistance and security of the base layer for transaction settlement. Rollups also commonly use data compression mechanisms to reduce the amount of data posted on the layer 1.