The new L2 layer generation.
Blog icon22TWOHS
Jan 18
Scaling solutions, such as sidechains, are insufficiently secure. This problem leads to large hacks, validators can be compromised. This prevents large-volume liquidity projects on these chains from turning around. The Axie Infinity hack was the largest hack in the history of the web3 ecosystem. The damage was over $600 million. On the other hand, L2-level chains using Zk-Rollup technology, though far advanced in terms of security, don't have low enough transaction fees to fully compete ...

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22TWOHS

Web3 believer | crypto investor | Researcher |

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