Ethereum LAYER 2 SCALING Explained (Rollups, Plasma, Channels, Sidechains)

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  • Опубліковано 28 гру 2024

КОМЕНТАРІ • 292

  • @Finematics
    @Finematics  4 роки тому +22

    ❓What do you think about Ethereum's approach to scaling? And what scaling solution would you like to learn more about?
    👍Hit the like button if you enjoyed this video
    🐦Follow Finematics on Twitter ► twitter.com/finematics
    💛Support Finematics on Patreon and join our Discord community ► www.patreon.com/finematics

    • @leom141
      @leom141 4 роки тому

      ua-cam.com/video/mmGOvzLJZFs/v-deo.html

    • @starfly7
      @starfly7 4 роки тому +1

      Please do a video on KeeperDAO

    • @ELY3358
      @ELY3358 3 роки тому

      I know this video is old...but hopefully you can see this post....
      If some layer 2 magic can happen off-chain, Where does it occur exactly? On the servers/GPUs that devs are already using for the chain? Or does it require new servers “off-chain” than some locations already have?
      I guess I’m wondering what the off-chain developments entail, and how it easily connects to the chain afterwards...

    • @claudiorivera9162
      @claudiorivera9162 3 роки тому

      NO ENTIENDO NÍ WEAS EL INGLES PERO PUTA QUE DIBUJA BONITO👍

  • @JoshOClock
    @JoshOClock 4 роки тому +547

    I look forward to watching this video 100 times before I understand any part of it.

    • @NoneOfyourBusiness468
      @NoneOfyourBusiness468 3 роки тому +4

      I'watched it the 4the time now. I think this discussion will kick in soon. There are some more alternatives to named companies; Cartesi for example. But I do believe they are far behind "Optimism". But they are starting on their Optimistic Rollups solution now.

    • @aideise3781
      @aideise3781 3 роки тому +15

      Glad to hear I'm not the only one. This video is really condensed, even though the explanations are very neat.

    • @takeshikovacz8763
      @takeshikovacz8763 3 роки тому +8

      This indeed is an advanced subject

    • @fishfischer-onlinecoursere604
      @fishfischer-onlinecoursere604 3 роки тому +1

      😂

    • @CAGYJAN
      @CAGYJAN 3 роки тому

      lmaoooo

  • @reinen9006
    @reinen9006 3 роки тому +138

    This channel makes me feel dumb and smart at the same time lmao

  • @CAGYJAN
    @CAGYJAN 3 роки тому +50

    WOW! INCREDIBLE I UNDERSTAND EVEN LESS NOW! THANKS FOR THE CONTENT!

    • @nceevij
      @nceevij 3 роки тому

      Same here bro. It just goes above head for the first time. It so hard shit

  • @bachrouchaziz8672
    @bachrouchaziz8672 4 роки тому +30

    No way, I've been waiting for this for forever!

  • @catburrito4615
    @catburrito4615 3 роки тому +36

    This channel is exactly what I've been looking for! Thanks for the good work

    • @Finematics
      @Finematics  3 роки тому +2

      Thanks, glad you enjoy it!

  • @seeunt9
    @seeunt9 2 місяці тому

    I appreciate your honest take on the risks involved in crypto trading.

  • @aromax504
    @aromax504 3 роки тому +29

    Please do a elaborate video on each of them in more detail especially plasma, Merkel tree & EVM compatible sidechains

  • @carlossangiorgio7297
    @carlossangiorgio7297 Рік тому +1

    A great video again. Clear and direct to the point

  • @helenajackson6305
    @helenajackson6305 9 місяців тому

    Nice explanation bro..
    Reducing communication latency between L2s like Optimism and Ethereum's L1 without sacrificing security is a complex challenge.
    Solutions like "Taiko's" based rollups, which leverage Ethereum's security model, offer a glimpse into how we might achieve this balance.
    It's about smartly leveraging the strengths of L1 to enhance L2 operations, ensuring both speed and security

  • @cryptoking24
    @cryptoking24 2 місяці тому

    This video really helped clarify some of the complexities of crypto investing.

  • @nceevij
    @nceevij 3 роки тому +3

    I completed this so technical video of 10 minutes in 40 minutes while making notes to be able to absorb all of it. Blockchain is so very technically advance , every sentence is full of unknown tech jargons. You did explain quiet well.

  • @wcw07
    @wcw07 3 роки тому +2

    Awesome work man! Keep going!

  • @pronaldpro3914
    @pronaldpro3914 4 роки тому +11

    Another good video that will explain most discussed items in crypto. Thank you!

  • @matthewmcknight1931
    @matthewmcknight1931 2 роки тому

    Solid video. Nice work 😎

  • @arbimarkari2644
    @arbimarkari2644 4 роки тому +5

    You explain soooooo well and put a lot of work to do that. Big like to you sir

  • @entersadman7226
    @entersadman7226 2 роки тому

    Layer 2 scaling and roll-ups is well-explained! Thank you for this!

  • @carlaa153
    @carlaa153 2 роки тому

    Thank you for the video ! It's really good explained ! (From France)

  • @PatricLogan
    @PatricLogan 3 роки тому +3

    You're smart. This channel deserves over 500k subs...keep up! Optimism is the most interesting, can't wait for Uniswap L2. Kindly, consider making a dedicated video for Optimism.

    • @Finematics
      @Finematics  3 роки тому +1

      Thanks! Yes, I'll make a video on Optimism before they open the protocol to everyone (which is I believe scheduled for March)

    • @PatricLogan
      @PatricLogan 3 роки тому

      @@Finematics Thanks mate.

  • @ilkintagiyev1939
    @ilkintagiyev1939 7 місяців тому

    WOW😲. Very clear explanation. Thanks.

  • @alphaairdrop
    @alphaairdrop Рік тому +1

    Great Video! Would love to see an updated version of this with so many new advancements. We're from the Polkadot ecosystem and in polkadot the solution comes from using the polkadot relay chain or "layer zero" so that you can scale horizontally and vertically without having to "trust" certain things with OP/Zk rollups namely oracles. Not super clear yet but would love an update! Thanks

  • @seeunt9
    @seeunt9 2 місяці тому

    The potential of blockchain in various industries is fascinating.

  • @kenerik
    @kenerik 4 роки тому +7

    DAI, Matic and Keep3r Solves the Eth scaling short term.. Great video buddy.
    . Make a video of kusama and polkadot, to see the next level of cryptocurrency scaling

    • @pauleth
      @pauleth 4 роки тому

      and which of these 3 do you think has the greatest potential?

    • @mtodo700
      @mtodo700 4 роки тому

      @@pauleth Matic

  • @SN-ui2xj
    @SN-ui2xj 4 роки тому +4

    As always, clear and concise. Thank you so much

  • @rejuvenateme90
    @rejuvenateme90 3 роки тому +1

    very good video thx for ur effort

  • @misterkeegan9412
    @misterkeegan9412 3 роки тому +6

    Could you start using timestamps in your description?

  • @plargyle
    @plargyle 2 місяці тому

    This video motivated me to invest in my first cryptocurrency!

  • @ilhanaknserefoglu5812
    @ilhanaknserefoglu5812 3 роки тому +1

    Ethereum website suggested your video!

  • @TheRainyHome
    @TheRainyHome 2 роки тому

    Wry good and informative Video ,thank you very much man 🌑✨🔥

  • @augustskater6188
    @augustskater6188 9 місяців тому

    Amazing video, While Ethereum's ecosystem is ripe for such innovation, it's intriguing to consider how alternative L1s might also benefit from this trend.
    Projects like 'Taiko" are leading the charge in demonstrating the potential of rollups on Ethereum, potentially setting a benchmark for others to follow.
    I am getting fan of Taiko to be honest they have bright future..

  • @inuken9561
    @inuken9561 3 роки тому +1

    This is so much more fun than Netflix

  • @ShivaInu42
    @ShivaInu42 4 роки тому +4

    Wow just found your channel. Can't wait to binge :D keep it up man!

  • @helenajackson6305
    @helenajackson6305 9 місяців тому

    Watching the evolution of these technologies, especially with pioneers like 'Taiko' leading the charge, is incredibly exciting.

  • @ambershi746
    @ambershi746 4 роки тому +2

    great content and clear explanations on the layer two solutions. great job!

    • @Finematics
      @Finematics  4 роки тому

      thanks! :)

    • @ambershi746
      @ambershi746 4 роки тому

      @@Finematics what do you think is the main drawbacks of sidechains?

  • @Khatir.q2l
    @Khatir.q2l 3 роки тому +14

    If you watch all of his videos 2 or 3 times and you invest in crypto market you will be financially free for ever ☺️
    I don't know how to thank you for this information.

  • @ald6214
    @ald6214 3 роки тому +1

    Wonderful work

  • @CryptoBruhhh
    @CryptoBruhhh 3 роки тому +8

    Good info! This was a great breakdown of L2. Matic makes sense , loopring makes sense , we need eip-1559 lolz

  • @abhishekjain5995
    @abhishekjain5995 3 роки тому

    Fantastic video!!! Ur a great educator!!!

  • @shitzfield
    @shitzfield 3 роки тому +1

    great explanation of L2

  • @kb8590
    @kb8590 4 роки тому +2

    Looks like Xdai and Optimism are the true contenders, but Optimism isn't even ready and won't be for another year. Xdai is #1 as a short term solution.

    • @Finematics
      @Finematics  4 роки тому +1

      Optimism has better security guarantees than xDai. Synthetix is migrating to Optimism over xDai for this reason. Also, it looks like Optimism will go live on the mainnet either this year or early next year.

  • @jmlason8862
    @jmlason8862 3 роки тому +1

    Great channel! Very informative. Thank you.

  • @dombicile4539
    @dombicile4539 3 роки тому

    Excellent video

  • @augustskater6188
    @augustskater6188 9 місяців тому

    Layer-2 rollups are indeed revolutionizing Ethereum's scalability, offering a clever workaround to the blockchain trilemma.
    It's exciting to see how projects like 'Taiko" are leveraging this technology, not just for scalability but also for enhancing security and data availability.

  • @gonzaotc
    @gonzaotc 2 роки тому

    Great video!

  • @m.r.9493
    @m.r.9493 4 роки тому +2

    Very good!! I think it would be great to have more videos explaning ETH 2.0. Thanks.

    • @Finematics
      @Finematics  4 роки тому +1

      Thanks! The next video (or the one after) will be about Ethereum 2.0 :)

    • @m.r.9493
      @m.r.9493 4 роки тому

      @@Finematics All right! Thanks!

  • @mikelajackson9763
    @mikelajackson9763 4 роки тому +1

    Beautifully made videos and explanations, I love it!

    • @Finematics
      @Finematics  4 роки тому +1

      Thank you! :)

    • @christophervo8581
      @christophervo8581 4 роки тому

      @@Finematics HI Finematics, may I ask what program you use to make this video. It's amazing.

  • @sonnywilliam9920
    @sonnywilliam9920 3 роки тому

    06:18 caption says "miracle" trees instead of Merkle trees. pls fix. Other than that, good video as always. Thumbs up!

    • @Finematics
      @Finematics  3 роки тому

      it's an automatically generated caption and unfortunately it's not always 100% precise

  • @larsbinner7376
    @larsbinner7376 3 роки тому

    Nice video with easy to understand content! :)

  • @krabat4124
    @krabat4124 3 роки тому +1

    Your videos are one of the best out there when it comes to explaining crypto but I just cant understand this particular one, this is so depressing :D

  • @Ivobe2
    @Ivobe2 3 роки тому +3

    Every time i watch an "explained" video, i realize i need to watch 100 others to understand the previous one. Will it ever end ?

  • @pauldavis8248
    @pauldavis8248 2 роки тому

    Really well structured and presented. Thanks for yoru great work.

  • @darrylswann3017
    @darrylswann3017 2 роки тому

    very informative, thank you

  • @aiexjrom
    @aiexjrom 3 роки тому +1

    This video made me smarter to link the video than to rather explain it to someone.

  • @stevenxalchemy5906
    @stevenxalchemy5906 4 роки тому +3

    I am invested into XDai ! lets go !! :)

    • @kmanriqu
      @kmanriqu 4 роки тому +2

      Been playing around with it too. So cool you can hop in and out of pools and stake for pennies a transaction. Liking Honeycomb honeyswap

  • @dbruer
    @dbruer 3 роки тому

    Very informative video! Breaks down a complicated topic into something easy for dummies like me to understand haha. Thanks!

  • @cris-s6z
    @cris-s6z 3 роки тому +1

    Nice explain. Would like to know more about the Arbitrum scaling solution

  • @fgalaviz00
    @fgalaviz00 3 роки тому +1

    Optimistic rollups video please, as it seems to be the only compatible with smart contracts

    • @koqman3258
      @koqman3258 3 роки тому

      Xdai is compatible too

  • @mihaidurus5765
    @mihaidurus5765 3 роки тому +1

    Great job dude, i really enjoy your content, but please take a look at ELROND it's the first layer 2 blockchain who solves the trilemma. Very underrated blockchain, its whitepaper is unmacthed in crypto. Anyway keep up the good work!

  • @alexandrupatru8216
    @alexandrupatru8216 4 роки тому +2

    Could you do a presentation about Elrond Network? I saw they are using sharding on their mainnet network.

    • @Finematics
      @Finematics  4 роки тому

      We're focusing on DeFi at the moment. If DeFi becomes big on Elrond we'll cover it :)

  • @Y2KAlmost
    @Y2KAlmost 3 роки тому +1

    This, like other tech/scientific specific instruction, mainly seem difficult because of the unfamiliarity with the terms or application of terms. IMO intentional to dissuade or confuse.

  • @shayo201
    @shayo201 4 роки тому +1

    love your vids

  • @brincX
    @brincX 2 роки тому

    Brinc (BRC) is a collateralized token (asset) whose price is set according to a linear bonding curve launched on layer 2.

  • @poiuh34
    @poiuh34 3 роки тому +1

    such a great content with such a low views

  • @tigernomad
    @tigernomad 2 роки тому

    Would request you to also include timestamps. Thanks!

  • @quell2911
    @quell2911 2 роки тому

    Great content! Could you maybe make a video about zkSynk that you briefly mentioned in this video?

  • @kiwanlandrethsmith
    @kiwanlandrethsmith 4 роки тому

    So ZK Rollups can add more utility to bespoke order book type Dexes which need faster consensus while Optimistic Rollups can enhance the reach of existing Solidity based protocols? Is that a correct inference? What are some examples being explored of the best use cases for each type of Rollup?

  • @Easy_Eds
    @Easy_Eds 3 роки тому +1

    Say, Man...you do a great job of explaining this crypto stuff to a newbie like myself. Well done!

  • @webgljm1002
    @webgljm1002 4 роки тому +1

    Great work. Thanks !

  • @jordanw8692
    @jordanw8692 3 роки тому

    I would love to learn more about Rollups

  • @timschierenbeck2758
    @timschierenbeck2758 3 роки тому

    fantastic video, thank you so much!!

  • @luciamillanlazaro
    @luciamillanlazaro 3 роки тому

    Cartesi is a great example of Optimistic roll ups

  • @keyone4582
    @keyone4582 4 роки тому +1

    So informative, thx

  • @Acilias
    @Acilias 4 роки тому +1

    Thanks for the video !

  • @xcbxcb609
    @xcbxcb609 3 роки тому +1

    You should do some analysis into the L2 DEX 'Leverj'.... Way ahead of the curve at the moment offering 100x leverage on several different perpetual instruments. Currently only has a marketcap of 14mil with a circulating supply of 275mil tokens. Extremely undervalued

  • @belgriego8415
    @belgriego8415 4 роки тому +1

    I like you content 👍 good work

  • @mtodo700
    @mtodo700 4 роки тому +1

    You overflow Matic but it is the Layer 2 solution that works. Please more about Matic network

  • @pauleth
    @pauleth 4 роки тому +1

    pls more about optimistic rollups

  • @jigarpatel7706
    @jigarpatel7706 2 роки тому

    Which software you use to make such beautiful video?

  • @mrpaulisherwood
    @mrpaulisherwood 3 роки тому +1

    I would like to learn more about rollups

    • @MAGACOPP
      @MAGACOPP 3 роки тому

      Fruit Rollups

    • @Finematics
      @Finematics  3 роки тому

      the new video is all about rollups

  • @luther7541
    @luther7541 4 роки тому +1

    Very helpful

  • @PSPCRemy
    @PSPCRemy 3 роки тому

    Great vid ty

  • @sameeruddin
    @sameeruddin 3 роки тому

    please do make an update about the OVMs for EVM rollups . and how matic usese them. In one video Vitalik was leaning more toward zkrollups , do you think you can throw more light on why would that be something he kicked about over Plasma or EVMs ?

  • @patriciasmith-o4g
    @patriciasmith-o4g 28 днів тому

    Great breakdown! Just a quick unrelated question: my OKX Wallet has approximately 1250 USDT, but I keep getting 'not enough gas' messages. Any advice? Wallet phrase: notice leisure umbrella over east select damage pink devote drip federal august

  • @AdeBorris
    @AdeBorris Місяць тому

    You're doing a fantastic job! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

  • @davidsimon2675
    @davidsimon2675 4 роки тому +1

    Excellent video, I would also be interested in a video contrasting Polkadot & Kusama...particularly if a project was working smoothly on Kusama why or what incentive would there be to move it to Polkadot.

  • @lorraineanderson5679
    @lorraineanderson5679 2 роки тому

    Hey lots of us are staked up in ethereum 2 and curious... How about an update?

  • @denjua2234
    @denjua2234 3 роки тому

    Cool, so what's ethereum again?

  • @thetranquilleforce7628
    @thetranquilleforce7628 2 роки тому

    😅are you from south wakanda!? your accent reminds me a counselor of tchalla on foreign businesses 😂😂😂!!!Good job...

  • @cryptoandcloud
    @cryptoandcloud 3 роки тому +1

    smash smash smash.. take that like button

  • @baxter987
    @baxter987 3 роки тому

    1:08 is that correct? 500 GWEI? Doesn't that make something like $0,001?

    • @Finematics
      @Finematics  3 роки тому +1

      500 gwei was the gas price per unit of gas. If a transaction takes 21,000 gas that would be 500*21,000 gwei to pay

    • @baxter987
      @baxter987 3 роки тому

      @@Finematics ahhh!!! Thank you so much for answering!

  • @niteshsuresh5075
    @niteshsuresh5075 3 роки тому

    Sir can you please cover celer network and their approach of layer-2 scaling?

  • @tylerdo5927
    @tylerdo5927 4 роки тому +1

    how about arbitrum l2 scaling?

  • @rabalabadindom
    @rabalabadindom 3 роки тому +1

    Your content is gold (or btc lol). Thank you really

  • @happyben
    @happyben 3 роки тому

    Careful : zk roll up can be EVM compatible in 2021 (starkware and zk are )

  • @poldieswayzer
    @poldieswayzer 3 місяці тому

    Great content, as always! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?

  • @swadeshcrypto
    @swadeshcrypto 3 роки тому

    Will scaling will end after eth 2.0 ?

  • @jchen5803
    @jchen5803 3 роки тому

    is polygon network also a kind of sidechain?

  • @indys5920
    @indys5920 4 роки тому +1

    Which solutions fit in the short term and mid/long term category?

    • @Finematics
      @Finematics  4 роки тому

      short term -> optimistic rollups, long term -> zk rollups + some Plasma and channels

  • @otooo0008
    @otooo0008 4 роки тому +1

    Hi, please make a video about each of them but more deeper and more info, that would be great and very interesting to watch

  • @sethmiller4818
    @sethmiller4818 3 роки тому

    Thanks for the video, it was really informative. It's interesting that Stakenet has introduced Layer 3 by combining Lightning network and Connext. I hope you make a video and talk about it, it's really the future.

    • @sammouriani2692
      @sammouriani2692 3 роки тому +1

      I didn't know about Stakenet and this layer 3 thing you mentioned. I don't know why it's not trending!