How do optimistic rollups reshape blockchain development?
The blockchain space is vast and flourishing, but its biggest challenge is scalability and transaction costs. The layer 1 blockchains struggle to process data when there is an increase in demand. Here is where the layer 2 solutions play a game-changing role, empowering the main blockchains to function quickly by offloading the transactions. One such popular Layer 2 solution is optimistic rollups, which offload transactions and assume that every transaction is valid by default unless the contrary is proven. This helps in resolving the scalability issue, lowers transaction cost, speeds up transaction finality, enhances security, and promotes DApp growth. Owing to this, businesses started investing in optimistic rollups development to improve scalability. If you are looking to scale up blockchain solutions, consider connecting with the best optimistic rollups development company.