Syscoin’s In-house NEVM Layer 2 Rollup Solution, Rollux Releases By CoinQuora
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Syscoin’s In-house NEVM Layer 2 Rollup Solution, Rollux Releases- Syscoin launches a comprehensive in-house Layer 2 rollup suite Rollex.
- With Rollux, Syscoin might now begin to offer web3 services.
- Rollux will be using Optimistic rollups when ZK rollups mature.
To provide a competent platform with Bitcoin’s security, Ethereum’s versatility, and its own scaling solutions, the decentralized, open-source project Syscoin is constantly upgrading its blockchain architecture since it is meant to be utilized by everyone from the unbanked to the elite corporations and governments.
Syscoin concluded the first part of its three-phase Network-Enhanced Virtual Machine (NEVM) plan last year December by launching NEVM Layer 1. With the Phase 2: Rollups approaching integration, Syscoin has unveiled its in-house Layer 2 rollup suite — Rollux.
Syscoin Launches Comprehensive In-house Layer-2 Rollup Suite ‘Rollux’ https://t.co/hx13yXXNHu – https://t.co/HzksZFXjrd pic.twitter.com/DNpZfAXYIe
— dumbwire CryptoNews (@dumbwire) June 9, 2022
After establishing itself as an economically viable decentralized platform that is comparable to web2, Syscoin Platform aims to start offering web3 services either natively or through a bridge with Rollux.
Rollux, as a comprehensive Layer 2 solution, will use Optimistic rollups when ZK rollups mature. To provide unparalleled Layer 2 capabilities, Rollux, a white-glove service, will use modular technology to the optimum extent upon its launch.
While speaking about these breakthroughs, Jagdeep Sidhu, the lead developer of Syscoin, remarked:
There has recently been renewed interest in the security and scalability aspects of Optimistic rollups that have forced us to take another look at this technology even though we strongly believe in ZK-Rollups. One of these reasons is code-base maturity: Optimistic rollups are already more mature than ZK because a Zk-EVM is yet to be released and tested in the wild.
The lead developer further added that “[they] also believe that with direct EVM equivalence, such as Nitro and Cannon technologies, we can unlock performance and scale that will advance the space and likely give a window of a few years before ZK-Rollups will be as efficient.”
Due to Rollux’s support, Syscoin’s NEVM will be the first to enforce Sindhu’s Proof-of-Data Availability (PoDA). Furthermore, it will also be the first to support Optimistic rollups after , while Ethereum 2.0 switches to a PoS consensus algorithm.
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Syscoin’s In-house NEVM Layer 2 Rollup Solution, Rollux Releases- Syscoin launches a comprehensive in-house Layer 2 rollup suite Rollex.
- With Rollux, Syscoin might now begin to offer web3 services.
- Rollux will be using Optimistic rollups when ZK rollups mature.
To provide a competent platform with Bitcoin’s security, Ethereum’s versatility, and its own scaling solutions, the decentralized, open-source project Syscoin is constantly upgrading its blockchain architecture since it is meant to be utilized by everyone from the unbanked to the elite corporations and governments.
Syscoin concluded the first part of its three-phase Network-Enhanced Virtual Machine (NEVM) plan last year December by launching NEVM Layer 1. With the Phase 2: Rollups approaching integration, Syscoin has unveiled its in-house Layer 2 rollup suite — Rollux.
Syscoin Launches Comprehensive In-house Layer-2 Rollup Suite ‘Rollux’ https://t.co/hx13yXXNHu – https://t.co/HzksZFXjrd pic.twitter.com/DNpZfAXYIe
— dumbwire CryptoNews (@dumbwire) June 9, 2022
After establishing itself as an economically viable decentralized platform that is comparable to web2, Syscoin Platform aims to start offering web3 services either natively or through a bridge with Rollux.
Rollux, as a comprehensive Layer 2 solution, will use Optimistic rollups when ZK rollups mature. To provide unparalleled Layer 2 capabilities, Rollux, a white-glove service, will use modular technology to the optimum extent upon its launch.
While speaking about these breakthroughs, Jagdeep Sidhu, the lead developer of Syscoin, remarked:
There has recently been renewed interest in the security and scalability aspects of Optimistic rollups that have forced us to take another look at this technology even though we strongly believe in ZK-Rollups. One of these reasons is code-base maturity: Optimistic rollups are already more mature than ZK because a Zk-EVM is yet to be released and tested in the wild.
The lead developer further added that “[they] also believe that with direct EVM equivalence, such as Nitro and Cannon technologies, we can unlock performance and scale that will advance the space and likely give a window of a few years before ZK-Rollups will be as efficient.”
Due to Rollux’s support, Syscoin’s NEVM will be the first to enforce Sindhu’s Proof-of-Data Availability (PoDA). Furthermore, it will also be the first to support Optimistic rollups after , while Ethereum 2.0 switches to a PoS consensus algorithm.
Continue reading on CoinQuora
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