hermez network Archives - Top Crypto Game https://topcryptogame.com/tag/hermez-network/ The latest crypto news! Sat, 12 Mar 2022 15:33:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png hermez network Archives - Top Crypto Game https://topcryptogame.com/tag/hermez-network/ 32 32 ULTIMATE Ethereum Scaling Solution – ZK Rollups & Optimistic Rollups| Loopring & More https://topcryptogame.com/ultimate-ethereum-scaling-solution-zk-rollups-optimistic-rollups-loopring-more/ https://topcryptogame.com/ultimate-ethereum-scaling-solution-zk-rollups-optimistic-rollups-loopring-more/#respond Sat, 12 Mar 2022 15:33:21 +0000 https://topcryptogame.com/ultimate-ethereum-scaling-solution-zk-rollups-optimistic-rollups-loopring-more/ Persistent Ethereum gas fees issues and slow transactions demand immediate scaling solutions. And the most prominent solutions that have proved to cater the need are ZK Rollups and Optimistic Rollups. Zero Knowledge (ZK) proofs are a way to share information without revealing everything. They are the basis for rollups called ZK Rollups that help Layer […]

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Persistent Ethereum gas fees issues and slow transactions demand immediate scaling solutions. And the most prominent solutions that have proved to cater the need are ZK Rollups and Optimistic Rollups. Zero Knowledge (ZK) proofs are a way to share information without revealing everything. They are the basis for rollups called ZK Rollups that help Layer 2 protocols take some of the pressure, time, and pricing off of the bloated Ethereum blockchain. Ethereum’s gas fees are so high, that it’s almost impossible to move small amounts of money without using Layer 2 solutions like ZK Rollups and Optimistic Rollups.

So in this video, we look at Hermez (who is now part of Polygon), Loopring, ZK Sync, Arbitrum One, and Optimism to look at the advantages and disadvantages of using ZK Rollups. See why these are becoming popular Ethereum L2 solutions.

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⏱ TIMESTAMPS
0:00 Intro to ZK Rollups
3:01 Pros and Cons
4:29 Hermez Network HEZ
5:59 Loopring LRC
6:33 zkSync
7:22 Arbitrum One
8:09 Optimism

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