@cakekeepers
Gm Crypto Frens!
Today, let’s dive into the world of Layer2 solutions, a crucial aspect of blockchain scalability and efficiency, and explore Prom's role within this landscape.
Check the full thread: https://x.com/CakeKeepers/status/1820216408807981366
Layer2 solutions have formed a prominent sector, unlocking limitless possibilities for the industry’s further scalability. By handling transactions off-chain, these solutions reduce the load on the main blockchain, enhancing performance and efficiency.
On average, leading Layer2 solutions are now handling 4.7 times more daily active addresses than Ethereum, demonstrating their potential to revolutionize transaction throughput and user engagement.
Layer2 solutions function by aggregating transactions, verifying their accuracy through zk-proofs, and then submitting these proofs to the main chain. This method ensures the confidentiality of sensitive information while maintaining high efficiency.
Prom utilizes advanced zk-Rollups and Validiums to enha…
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