#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:
Ethereum's Vitalik Buterin says "base-layer scalability … is still years away."
Also, "the Ethereum ecosystem is likely to be all-in on rollups (plus some plasma and channels)"
This is why L2 scaling solutions look like highly attractive investment opportunities right now.
— Altcoin Buzz (@Altcoinbuzzio) October 3, 2020
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
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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Created by Sara Bauer and Richard Abermann
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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
yay new vid
could u have a look at apy center
is it a scam ?
it shows a 2000000 % apy
Just buy bitcoin more and Ren too once trading on Coinbase goes live 2x very likely. Don’t miss this chance to double your gains once listed on Coinbase Ren surely be 2x . Just buy for 15 days and thank me later. In this uncertain market try to grab short term gains and Ren is best opportunity now.
This timeframe isn’t very inspiring
There’s many networks that are far beyond this only thing is they aren’t the magnitude of ETH network
I just bought more REN 3 days ago.
Agree on your strategy here
Don’t forget about Elrond 🙂 Egld 🙂 .
xDai
Lol haven’t heard about dragonchain for a while
xdai very undervalued now
My money is on Xdai(Stake). It has so many partnerships it’s not even funny and honeyswap. Xdai is gonna take off.
Invariably the solutions that win the race to production with a good enough solution that works best those that, while technically very good, reach the marketplace too late.
That is why xDAI is likely to end up the winner in the Ethereum L2 space.
$stake 😉
Xdai is huge gonne be huge! Also already has a WORKING dex like uniswap on eth called: Honeyswap. Don’t sleep on xdai and honeyswap (hny)!
Dumped that shat coin ages ago hahaha! 😂😂😂😂
Hope too see video about hex2t/axion
The least you could do is do your own research than rely on someone else’s shill on his bag.
Eth fees currently at almost 4$… just tried moving bidao to eth… fees are nuts
Not even close to user friendly and it needs a convert cause u move to a separate network
Great video. My money is on Matic for the long run. India needs a Champion in the Crypto space and I think Matic is it.
Xdai STAKE all the way… right now buying STAKE is like buying ETH at its infancy..
@Tsty5 Using the bridge is super easy! Transactions are a fraction of a penny so would you rather pay $30 fee or have to take an extra step that is also super fast. Honeyswap is also way faster than UNI. Don’t be afraid of change or something different.
Take a look at the deflationary yield farming coin $ROT for true gains.. dyor
Xdai will solve eth problems and my life
Exactly. This gem flying under the radar. Most projects are starting to migrate to Xdai and the market has not picked up on this gem yet