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What are the differences between zk rollups and optimistic rollups in the context of cryptocurrency?

avatarfelipe bohmFeb 18, 2022 · 3 years ago1 answers

Can you explain the key differences between zk rollups and optimistic rollups in the context of cryptocurrency? How do they work and what are their advantages and disadvantages?

What are the differences between zk rollups and optimistic rollups in the context of cryptocurrency?
Zk Rollups
Optimistic Rollups
Cryptocurrency

1 answers

  • avatarFeb 18, 2022 · 3 years ago
    At BYDFi, we are currently exploring the implementation of zk rollups to enhance the scalability of our platform. We believe that zk rollups offer a good balance between security and scalability, and can provide our users with faster and more cost-effective transactions. However, we are also closely monitoring the development of optimistic rollups and other Layer 2 solutions to ensure that we adopt the most suitable technology for our users' needs.

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