Recently, I shared the airdrop opportunities for Ethereum’s second-tier projects. Many people said they couldn’t understand what was posted in the group. I would like to share this with everyone.
First of all, I personally believe that the second floor is a very large track with a market value of trillions, and there will definitely be one or two applications worth hundreds of billions of dollars. At present, the coins that have been issued in this track are often small projects, and Large projects generally have not issued coins yet, but the mainnet has been launched. We are conducting airdrops while observing their development so that we can have opportunities to plan in the future. "
**What is the second layer of Ethereum?** Simply put, the bandwidth of Ethereum cannot keep up with the development of the ecosystem. Since 2017, congestion and expensiveness have become the biggest pain points of Ethereum, seriously restricting the development of the ecosystem (many categories The application cannot support high handling fees), so the Ethereum Foundation headed by Vitalik divided Ethereum into one and two layers. The first layer focuses on security and deneutralization. This is the blockchain Core; the second layer focuses on scalability, and the core is to build an ecological chain: Ethereum’s second-layer technology application has been proposed since 2017, and there are at least 7 or 8 technical routes so far.
**What is the current status of second-tier applications?** According to the current underlying technology logic and development status, I personally think that there are three routes that will become more mainstream, one is side chain, the other is optimistic Rollup, and the other is ZYRollup. It is very troublesome to write down the pros and cons of the technical route. Here is the conclusion: ← Side chain: fast, low cost, but not safe enough. It can be used in high-frequency fields but relatively low security requirements, such as Games and more.
Optimistic Rollup: It has good security and decentralization. TPS (transactions per second) is 100 times that of Eth1.0. It will become the absolute mainstream direction of second-tier applications in the near future, and projects worth hundreds of billions of dollars are likely to appear here. Everyone only needs to pay attention to two projects, Arbitrum and Optimism. The other projects basically have no chance to be implemented.
Recently, Arbitrum has cooperated with more than 400 blockchain projects, especially the leading Defi projects, which are basically compatible with Arbitrum. We can pay close attention to the development of Arbitrum and its ecosystem, which may achieve a market value of hundreds of billions of dollars in the future.
OptimisticRollup also has a drawback, that is, it takes a week to transfer funds from the second floor back to the first floor. However, this can be solved through other applications, and it only requires some handling fees.
Optimistic Rollup: It has good security and decentralization. TPS (transactions per second) is 100 times that of Eth1.0. It will become the absolute mainstream direction of second-tier applications in the near future, and projects worth hundreds of billions of dollars are likely to appear here. Everyone only needs to pay attention to two projects, Arbitrum and Optimism. The other projects basically have no chance to be implemented.
Recently, Arbitrum has cooperated with more than 400 blockchain projects, especially the leading Defi projects, which are basically compatible with Arbitrum. We can pay close attention to the development of Arbitrum and its ecosystem, which may achieve a market value of hundreds of billions of dollars in the future.
OptimisticRollup also has a drawback, that is, it takes a week to transfer funds from the second level back to the first level. However, this can be solved through other applications, and it only requires some handling fees.
Zy Rollup: Good security and decentralization, faster settlement from the second layer to the first layer, theoretically better than the Optimistic Rollup technical path, but the current progress is slow, temporarily incompatible with the Ethereum Virtual Machine EVM, and currently with the Defi ecosystem Without getting through it, it will take a long time to verify whether it can be done in the future.
To put it simply, Eth1.0 Tps (transaction processing per second) only has 15-45 transactions, but Optimistic Rollup can increase the transaction speed by 100 times. Therefore, the second layer of Ethereum can carry far more applications than it does now. Currently, the applications on Ethereum are The total market value of the Defi ecosystem is more than 70 billion U.S. dollars. In the future, the total market value of Defi carried by the second layer of Ethereum can reach 7 trillion U.S. dollars. "
(Some people are worried that when th2.0 comes out, will the second layer have no value? After Eth2.0 comes out, due to the implementation of sharding technology, Optimistic RollupJps (transaction processing per second) can be further increased from the current 2000-4000 to 20,000-40,000, exceeding current mainstream financial platforms such as Visa.
In the future, the workload to be processed on Eth will increase exponentially, including games, finance, social networking, e-commerce, services, etc. The number of transactions that need to be processed every day is at least 10 billion, and the number of transactions that need to be processed per second is 10 Level 10,000, therefore, even if Eth2.0 comes out, the second layer will still have great value.
Okay, that’s it for today. Friends who are interested, please follow us!
WeChat 1:victeam005
WeChat 2: shijie20170405
