TL;DR
Full Story
As we coated in our first article:
Layer 2’s are about to pop off following Ethereum’s Dencun improve — and by ‘pop off’ we imply ‘get manner cheaper.’
…however how?
We’re glad we requested!
A giant contributing issue to this payment discount is the optimization of information by way of zk-proofs, which…how can we clarify this?
Let’s say you had 100 motion pictures on a tough drive, and also you requested two separate individuals to rank them from greatest to worst…
If Individual #1 had already seen every film, whereas Individual #2 hadn’t seen any of them — who do you assume is handing their record in first?
Def Individual #1.
Zk-proofs work in an identical manner…
They course of the data as soon as (aka ‘watch the film’) then can reply fundamental sure/no questions based mostly off of these learnings, indefinitely.
In a crypto context, the query could be extra like:
“Is that this group of 1000 transactions legit, verified, and good to be processed?”
Outdated reply: “idk, let’s undergo them one by one and discover out.”New reply: “yep.”
Okay, now !
.gif?format=1500w&description=How%20Does%20the%20New-And-Improved%20Ethereum%20ACTUALLY%20Work%3F){kind=link}