❓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
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...
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.
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.
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
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.
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
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
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.
Great content , you could clean up audio a tiny bit with a pop filter or audio settings but I like your accent. In crypto we have cool accents from all over the world. Thank you bro, may your bags be heavy.
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!
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.
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.
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.
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?
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..
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 ?
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.
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
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.
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?
Does can somebody explain to me or point out something off chain? I'm trying to figure out if you'll have to go to a certain smart contract to use these Layer 2 solutions or if they'll just work with something such as AAVE. I want to know if this will make things more complicated for the user or if users will only notice the benefits, and it won't make things more complicated.
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.
I used to do it for longer videos, but for shorter ones (~10m) lots of people drop off during the re-cap. I may try to reintroduce it and see how it performs. Thanks for your suggestion.
Why cant we integrate Channels with zero knowledge proof so that other party who we are transacting with can we trusted blindly?? is it possible if so let me knw please!!!
❓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
ua-cam.com/video/mmGOvzLJZFs/v-deo.html
Please do a video on KeeperDAO
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...
NO ENTIENDO NÍ WEAS EL INGLES PERO PUTA QUE DIBUJA BONITO👍
I look forward to watching this video 100 times before I understand any part of it.
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.
Glad to hear I'm not the only one. This video is really condensed, even though the explanations are very neat.
This indeed is an advanced subject
😂
lmaoooo
This channel makes me feel dumb and smart at the same time lmao
WOW! INCREDIBLE I UNDERSTAND EVEN LESS NOW! THANKS FOR THE CONTENT!
Same here bro. It just goes above head for the first time. It so hard shit
This channel is exactly what I've been looking for! Thanks for the good work
Thanks, glad you enjoy it!
Please do a elaborate video on each of them in more detail especially plasma, Merkel tree & EVM compatible sidechains
Another good video that will explain most discussed items in crypto. Thank you!
This video really helped clarify some of the complexities of crypto investing.
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.
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
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.
Thanks! Yes, I'll make a video on Optimism before they open the protocol to everyone (which is I believe scheduled for March)
@@Finematics Thanks mate.
You explain soooooo well and put a lot of work to do that. Big like to you sir
Thanks!
No way, I've been waiting for this for forever!
Thanks! :)
@@Finematics Really great videos.
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
and which of these 3 do you think has the greatest potential?
@@pauleth Matic
Wow just found your channel. Can't wait to binge :D keep it up man!
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
The potential of blockchain in various industries is fascinating.
A great video again. Clear and direct to the point
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.
"his"
Layer 2 scaling and roll-ups is well-explained! Thank you for this!
Good info! This was a great breakdown of L2. Matic makes sense , loopring makes sense , we need eip-1559 lolz
I think Optimism sounded what ETH needs.
Xdai is king
Thank you for the video ! It's really good explained ! (From France)
Awesome work man! Keep going!
thanks!
06:18 caption says "miracle" trees instead of Merkle trees. pls fix. Other than that, good video as always. Thumbs up!
it's an automatically generated caption and unfortunately it's not always 100% precise
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
WOW😲. Very clear explanation. Thanks.
Every time i watch an "explained" video, i realize i need to watch 100 others to understand the previous one. Will it ever end ?
As always, clear and concise. Thank you so much
Thanks! :)
Great content , you could clean up audio a tiny bit with a pop filter or audio settings but I like your accent. In crypto we have cool accents from all over the world. Thank you bro, may your bags be heavy.
Ethereum website suggested your video!
Very good!! I think it would be great to have more videos explaning ETH 2.0. Thanks.
Thanks! The next video (or the one after) will be about Ethereum 2.0 :)
@@Finematics All right! Thanks!
Great content! Could you maybe make a video about zkSynk that you briefly mentioned in this video?
Watching the evolution of these technologies, especially with pioneers like 'Taiko' leading the charge, is incredibly exciting.
Could you start using timestamps in your description?
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!
This is so much more fun than Netflix
hah thanks
Nice explain. Would like to know more about the Arbitrum scaling solution
Solid video. Nice work 😎
Will scaling will end after eth 2.0 ?
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.
Wry good and informative Video ,thank you very much man 🌑✨🔥
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.
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.
great content and clear explanations on the layer two solutions. great job!
thanks! :)
@@Finematics what do you think is the main drawbacks of sidechains?
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?
Which software you use to make such beautiful video?
very good video thx for ur effort
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..
Say, Man...you do a great job of explaining this crypto stuff to a newbie like myself. Well done!
thanks!!
This video made me smarter to link the video than to rather explain it to someone.
Great channel! Very informative. Thank you.
Thanks! :)
Really well structured and presented. Thanks for yoru great work.
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 ?
Very informative video! Breaks down a complicated topic into something easy for dummies like me to understand haha. Thanks!
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.
Because Polkadot has more popularity?
Beautifully made videos and explanations, I love it!
Thank you! :)
@@Finematics HI Finematics, may I ask what program you use to make this video. It's amazing.
very informative, thank you
Hey lots of us are staked up in ethereum 2 and curious... How about an update?
Fantastic video!!! Ur a great educator!!!
Would request you to also include timestamps. Thanks!
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
fantastic video, thank you so much!!
Optimistic rollups video please, as it seems to be the only compatible with smart contracts
Xdai is compatible too
Brinc (BRC) is a collateralized token (asset) whose price is set according to a linear bonding curve launched on layer 2.
Hi, please make a video about each of them but more deeper and more info, that would be great and very interesting to watch
That's the plan :)
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.
Could you do a presentation about Elrond Network? I saw they are using sharding on their mainnet network.
We're focusing on DeFi at the moment. If DeFi becomes big on Elrond we'll cover it :)
such a great content with such a low views
I would love to learn more about Rollups
Cool, so what's ethereum again?
Polygon $matic bring me here🏃🏻♂️
You overflow Matic but it is the Layer 2 solution that works. Please more about Matic network
He just did
great explanation of L2
thanks!
Excellent video
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?
Wonderful work
thanks! :)
1:08 is that correct? 500 GWEI? Doesn't that make something like $0,001?
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
@@Finematics ahhh!!! Thank you so much for answering!
According to my analysis, Web3 Infinity INFTY3 appears to be promising. It's captured my interest.
so plasma is more efficient to handle the transaction ?
Cartesi is a great example of Optimistic roll ups
Great video!
Nice video with easy to understand content! :)
Thanks for the video !
You're welcome! :)
Does can somebody explain to me or point out something off chain? I'm trying to figure out if you'll have to go to a certain smart contract to use these Layer 2 solutions or if they'll just work with something such as AAVE. I want to know if this will make things more complicated for the user or if users will only notice the benefits, and it won't make things more complicated.
pls more about optimistic rollups
is polygon network also a kind of sidechain?
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.
I didn't know about Stakenet and this layer 3 thing you mentioned. I don't know why it's not trending!
Careful : zk roll up can be EVM compatible in 2021 (starkware and zk are )
Do all these layer 2 approaches all involve trust to get scalability?
Will we have 2 separate nodes to run for layer 1 and 2 or will both layers run on the same node
I hope you make a video explaining layer 3 cross-chain swaps, it's allowed by Stakenet DEX.
Could you explain how cross chain swaps work similar how RBXchange is doing it?
Sir can you please cover celer network and their approach of layer-2 scaling?
Can you add a quick re-cap of what was discussed in the ending of your videos?
I used to do it for longer videos, but for shorter ones (~10m) lots of people drop off during the re-cap. I may try to reintroduce it and see how it performs. Thanks for your suggestion.
Great work. Thanks !
Thanks!
😅are you from south wakanda!? your accent reminds me a counselor of tchalla on foreign businesses 😂😂😂!!!Good job...
I would like to learn more about rollups
Fruit Rollups
the new video is all about rollups
So informative, thx
thank you :)
The current Binance Smart Chain would fall in which category? My hunch is that it's a sidechain...
BSC is an independent chain just like Bitcoin blockchain I.e. not an Ethereum scaling solution
Which solutions fit in the short term and mid/long term category?
short term -> optimistic rollups, long term -> zk rollups + some Plasma and channels
Why cant we integrate Channels with zero knowledge proof so that other party who we are transacting with can we trusted blindly?? is it possible if so let me knw please!!!