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What is the difference between optimistic rollups and zk rollups in the context of cryptocurrency?

avatarRahbek WinsteadNov 28, 2021 · 3 years ago3 answers

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

What is the difference between optimistic rollups and zk rollups in the context of cryptocurrency?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Optimistic rollups and zk rollups are both scaling solutions for Ethereum that aim to improve the scalability and efficiency of the network. However, they differ in their approach and trade-offs. Optimistic rollups rely on a concept called fraud proofs. In this approach, transactions are initially processed off-chain in a separate layer called the rollup. The rollup periodically submits a summary of the transactions to the Ethereum mainnet, along with a proof that the transactions are valid. If no one disputes the validity of the transactions within a specified challenge period, they are considered final and added to the Ethereum blockchain. This approach allows for high throughput and low fees, but it introduces a delay for finality and relies on the assumption that most transactions are honest. On the other hand, zk rollups use zero-knowledge proofs to achieve scalability without sacrificing security. In this approach, transactions are also processed off-chain in a rollup, but instead of submitting transaction summaries, zk rollups submit cryptographic proofs that demonstrate the validity of the transactions without revealing the underlying data. These proofs can be verified by anyone on the Ethereum mainnet, ensuring the integrity of the rollup. This approach provides instant finality and strong security guarantees, but it requires more computational resources to generate and verify the proofs. In summary, optimistic rollups prioritize scalability and low fees, but introduce a delay for finality and rely on fraud proofs. On the other hand, zk rollups prioritize security and instant finality, but require more computational resources. The choice between the two depends on the specific use case and trade-offs that are acceptable to the users and developers.
  • avatarNov 28, 2021 · 3 years ago
    Optimistic rollups and zk rollups are both scaling solutions for Ethereum, but they have different approaches and implications. Optimistic rollups aim to improve the scalability of Ethereum by processing most transactions off-chain. The rollup periodically submits a summary of the transactions to the Ethereum mainnet, allowing for high throughput and lower fees. However, there is a challenge period during which the validity of the transactions can be disputed. This introduces a delay for finality and relies on the assumption that most transactions are honest. On the other hand, zk rollups use zero-knowledge proofs to achieve scalability without compromising security. Instead of submitting transaction summaries, zk rollups provide cryptographic proofs that demonstrate the validity of the transactions without revealing the underlying data. These proofs can be verified by anyone on the Ethereum mainnet, ensuring the integrity of the rollup. This approach provides instant finality and strong security guarantees, but it requires more computational resources. In summary, optimistic rollups prioritize scalability and low fees, but introduce a delay for finality and rely on fraud proofs. Zk rollups prioritize security and instant finality, but require more computational resources. The choice between the two depends on the specific needs and trade-offs of the users and developers.
  • avatarNov 28, 2021 · 3 years ago
    Optimistic rollups and zk rollups are two different approaches to scaling Ethereum, each with its own advantages and disadvantages. Optimistic rollups aim to improve the scalability and efficiency of Ethereum by processing most transactions off-chain. This allows for high throughput and lower fees compared to on-chain transactions. However, there is a challenge period during which the validity of the transactions can be disputed. If a dispute occurs, the transactions need to be processed on-chain, which introduces a delay for finality. Optimistic rollups rely on the assumption that most transactions are honest, and fraud proofs are used to ensure the validity of the transactions. On the other hand, zk rollups use zero-knowledge proofs to achieve scalability without compromising security. Instead of submitting transaction summaries, zk rollups provide cryptographic proofs that demonstrate the validity of the transactions without revealing the underlying data. These proofs can be verified by anyone on the Ethereum mainnet, ensuring the integrity of the rollup. Zk rollups provide instant finality and strong security guarantees, but they require more computational resources to generate and verify the proofs. In summary, optimistic rollups prioritize scalability and low fees, but introduce a delay for finality and rely on fraud proofs. Zk rollups prioritize security and instant finality, but require more computational resources. The choice between the two depends on the specific needs and trade-offs of the users and developers.