Layer 2 Scaling - Market Update | Binance Research

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As the blockchain ecosystem continues to grow, concerns surrounding scalability arise. BinanceResearch's latest study addresses these topics: 🔸 Exploring Layer 2 scaling 🔸 Market updates Read the full article ⤵️

Once L1s are strong enough, the majority of transactions can take place on L2s, allowing for further scalability and faster transactions with lower gas cost

Looking at the different characteristics of Layer 2 scaling solutions , we believe that ZK-Rollups offer the best overall approach in terms of security, performance, usability, and other noteworthy aspects The introduction of zkEVM is a major milestone in terms of coding language usability and accessibility for developers. Currently, most ZK-Rollups are written in a low-level hexadecimal-based assembly language rather than Solidity, which introduces new levels of abstraction and complexity

Leveraging the power of ZK-Rollups, BNB Smart Chain has introduced zkBNB, bringing further scalability to the blockchain

 

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