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10 sats \ 2 replies \ @faithandcredit 25 Jul 2022 \ on: Rollup on Bitcoin bitcoin
As far as I understand rollups are scams. The optimistic rollup arbitrum had to throw towel in the ring a few weeks ago when fees became higher than on ethereum. They stopped the event they were doing. Arbitrum is a PoA rollup so there is no consensus mechanism. Arbitrum gets all the fees and decide which transactions to include or not. Despite this centralization they still ended up with fees higher than base layer. They are working on optimizations but that's it.
Zkrollups can perhaps do 5x more transactions than optimistic rollups before the ceiling is hit. But it's next to nothing when you want to do everything in a blockchain manner and want millions of users but i could be wrong.
"SOLVE SCALING WITHOUT COMPROMISE" this is arbitrums motto. Considering its a PoA architecture and they stopped the odyssey event a few weeks ago that motto seems like a lie. Sad.
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Yeah I'm not sold on optimistic rollup after the Arbitrum fee incident. However some people I follow on Twitter seems excited with Starkware (and they are working with HRF) so I want to verify with other Bitcoiners about Starkware's implementation as well.
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