ICYMI, Gelato cofounder Hilmar Orth took to the stage at the @IOSGVC event at @token2049 to share the news about Gelato's zkRaaS
26 Sep 2023, 19:08
ICYMI, Gelato cofounder Hilmar Orth took to the stage at the @IOSGVC event at @token2049 to share the news about Gelato's zkRaaS platform!
During the presentation, @hilmarxo discussed scaling Ethereum via roll-up solutions, evolving @ethereum into a data availability layer for security & consensus. Transactions are executed off-chain by a sequencer, with Ethereum serving as the data availability layer. Validity proofs verify state updates for security and finality.
The choice between rollups and validiums is clarified: rollups offer Ethereum transparency, while validiums provide external storage for increased throughput but introduce a trust factor.
And that's not all! Hilmar also delved into the trade-offs involving trust, security, and throughput in adopting rollup solutions in Ethereum's Layer 2. To explore Gelato's zkRaaS platform further, watch the complete presentation below! ⬇️