Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Web3 developer Quicknode VP: ZK Rollups are a foundational technology, not a flash-in-the-pan trend

Web3 developer Quicknode VP: ZK Rollups are a foundational technology, not a flash-in-the-pan trend

Bitget2024/07/28 06:03

July 28-- Josh Neuroth, vice president of product at Web3 developer Quicknode, said that because ZK Rollups offer tangible benefits in terms of transaction throughput and data confidentiality, these L2 solutions are more of a foundational technology than a flash-in-the-pan trend, according to News.bitcoin. Moreover, as the technology behind these L2 solutions matures and more projects adopt them, the Web3 space may see lasting improvements in blockchain performance and user experience.

In the meantime, Neuroth said he agrees with Bitcoin extremist David Sorey that ZK Rollups are the missing piece of the puzzle for the Bitcoin network in terms of scaling and privacy. He explained that ZK Rollups will ultimately “help Bitcoin overcome its current limitations and compete with other blockchain networks that offer advanced features.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!