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by mattdesl
1589 days ago
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Security of zk rollups may be sufficient for a lot of activity - trading, DeFi, games, art, DAO/access tokens, escrow, crowdfunds, all the web3 stuff. The L1 may eventually be a primary settlement layer for protocols like zkSync and StarkNet (and any other protocols and rollups built on Ethereum L1). At some point it may not be common for users to interact with L1—ie. users of Argent and Sequence wallets may only be holding assets on L2. zkSTARK/SNARKs has pretty dramatically changed the L2 landscape and new direction seems to be moving away from optimistic rollups like in the OP. This is just my understanding, somebody please correct me if I’m wrong. |
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* the optimistic side: https://medium.com/offchainlabs/optimistic-rollups-the-prese...
* the zk side: https://blog.polygon.technology/zk-and-the-future-of-ethereu...
On one hand you have a complicated protocol that doesn't really use cryptography and that has the user (you) monitor the blockchain for a week to make sure their transfer was processed correctly (otherwise my understanding is that you have to create a fraud proof, send it to the chain, otherwise you will lose your funds).
On the other hand you have a cryptographic proof of a few kilobyte that proves that some program correctly validated and applied the state transition of thousands of transactions.