rollups

Vitalik Buterin stated that he is "significantly more inclined to support native rollups" compared to the past. Vitalik recalled that a major reason for opposing native rollups previously was that their precompiled solutions had to choose between ZK mode or Optimistic mode, and at that time, ZK-EVM was not mature. L2 often chose the latter, which involved "fast withdrawals but self-proving risks" versus "relying on Ethereum's security but needing to wait 2-7 days for withdrawals," thereby weakening Ethereum's composability and promoting the prevalence of multi-signature bridges and other solutions.Vitalik pointed out that the situation is changing: Ethereum's timeline for fully adopting ZK at the L1 level is gradually aligning with the realistic progress of introducing native rollup precompiles, and the aforementioned core obstacles are expected to be eliminated. He also mentioned that the community is increasingly viewing "synchronous composability" as one of the core values of L2 and is exploring the combination of rollup-based solutions with low-latency pre-confirmation mechanisms.In addition, Vitalik emphasized that the design of native rollup precompiles should not be rushed in its implementation. He expressed a hope that in the future, there would be a property such that if developers build a rollup that is "EVM plus a small amount of extended functionality," they could directly reuse the EVM part of the native rollup precompiles and only introduce a custom proof system for the new features, connecting the two in a standardized way.

Vitalik Buterin stated that he is "significantly more inclined to support native rollups" compared to the past. Vitalik reflected that a key reason for opposing native rollups previously was that their precompiled solutions had to choose between ZK mode or Optimistic mode, and at that time, ZK-EVM was not mature. L2 often chose the latter option, which involved "fast withdrawals but self-bear proof risks" versus "relying on Ethereum's security but needing to wait 2-7 days for withdrawals," thereby weakening Ethereum's composability and promoting the proliferation of multi-signature bridge solutions.Vitalik pointed out that the situation is changing: Ethereum's timeline for fully adopting ZK at the L1 level is gradually aligning with the realistic progress of introducing native rollup precompiles, and the aforementioned core obstacles are expected to be eliminated. He also mentioned that the community is increasingly viewing "synchronous composability" as one of the core values of L2 and is exploring the combination of rollup-based solutions with low-latency pre-confirmation mechanisms.Additionally, Vitalik emphasized that the design of native rollup precompiles should not be rushed in its specific implementation. He expressed a hope that in the future, there would be a property such that if developers build a rollup that is "EVM with a small amount of extended functionality," they can directly reuse the EVM part of the native rollup precompiles and only introduce a custom proof system for the new features, connecting the two in a standardized way.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the customizable modular rollups Eclipse have been the project with the most new followers among X (Twitter) Top personalities. New influential figures on X who have followed this project include well-known cryptocurrency trader Hsaka(@HsakaTrades), DeFi analyst Ignas(@DefiIgnas), and Altcoin Sherpa(@AltcoinSherpa).In addition, the project that X Top personalities have unfollowed the most also includes Echo Protocol.

ChainCatcher news, Ethereum founder Vitalik Buterin responded to the question of whether "rollups are overall good for Ethereum or are they leeches, and whether ETH really needs these L2s." He stated that Ethereum currently adopts a hybrid L1 + L2 scaling solution, but it is still necessary to clearly define the transaction scope of both L1 and L2 layers.Vitalik indicated that moving all transactions to L2 could weaken ETH's position as a medium of exchange and a store of value, and cross-L2 operations would still rely on L1. At the same time, keeping all transactions on L1 is also not feasible, as it could lead to centralization and fail to meet the ever-growing demand for on-chain transactions. It is essential to find an appropriate balance between these two extremes to provide users with the optimal solution.

ChainCatcher news, according to Cointelegraph, Jesse Pollak, head of the Base protocol, recently stated in a conference call with Ethereum founders and developers that based rollups are "a flexible and powerful tool that will allow us to use them for Base, bringing it closer to Ethereum and increasing the security guarantees it provides."Ben Jones, a director at the Optimism Foundation, added that based rollups will improve collaboration between the Ethereum base layer and L2.Ethereum L2 networks (such as Arbitrum, Optimism, and Base) have charged hefty fees by deploying high-speed, centralized sorters (i.e., the order of transaction processing and addition to blockchain blocks), but this comes at the cost of unification.Based rollups, proposed by Ethereum core developer Justin Drake in March 2023, return this process to the base layer, improving the decentralization of the network, as the block building process will be executed by all Ethereum validators rather than a single centralized sorter.At the same time, native rollups will enhance the way transactions are executed on the base layer, making the network more composable.However, these L2s will forfeit a significant portion of their revenue gained through maximum extractable value. Data from Dune Analytics shows that Arbitrum, which supports the transition to based rollups, has generated $210 million in revenue from its centralized sorter, while Base's revenue stands at $96.2 million.It is worth noting that based rollups or native rollups may bring more revenue to Ethereum's base layer and positively impact the price of ETH. However, the decentralized sorting of the Ethereum base layer means that transactions will be confirmed within 12 seconds, rather than the approximately 1 second typical of many Ethereum L2s. Several Ethereum L2 leaders also support the deployment of "FABRIC," an infrastructure that supports based rollups.Daniel Wang, CEO of Ethereum L2 Taiko, stated that the protocol is willing to adopt the FABRIC standard to "address" Ethereum's interoperability issues, saying, "We have been waiting for the FABRIC standard so that we can work together and provide a complete solution."

ChainCatcher message, Ethereum co-founder Vitalik Buterin published a blog post stating that Ethereum's goals remain the same as on day one: to build a global, censorship-resistant, permissionless blockchain. After ten years of effort, combining technical and social attributes, Ethereum has embodied another important quality: it provides useful services to people and is capable of achieving this on a large scale.We need to continue building Ethereum's technical and social attributes, as well as its practical utility. I want to focus on a specific impact that is very important for Ethereum users in the short and medium term: Ethereum's scaling strategy.Today, L2 faces two main challenges: scale and heterogeneity challenges. One possible shortcut to scaling is to abandon L2 and complete all operations through L1, significantly increasing the gas limit (which can be achieved through multiple shards or on a single shard). However, this approach would overly compromise many advantages of Ethereum's current social structure, which is particularly effective at simultaneously realizing different forms of research, development, and ecosystem-building culture. Therefore, we should stick to the original path and continue to primarily scale through L2, but ensure that L2 truly fulfills its commitments.Native Rollups are still an early-stage idea. A lot of positive thinking is still needed, especially regarding how to maximize the flexibility of native Rollup precompiles.Now is the time to double down. There are still many areas that require active thinking and brainstorming. The future of Ethereum depends on the active participation of each and every one of us.

ChainCatcher news, Ethereum co-founder Vitalik Buterin stated on the X platform that part of L2 scaling is Ethereum increasing its blob capacity, and another part is Rollups becoming more data-efficient. It's great to see Starknet rise to the challenge, and I hope to see more EVM Rollups improve data efficiency.Previously, Starknet announced the launch of the solution Starknet v0.13.3, aimed at meeting the steadily growing demand for processing Ethereum blobs.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media: "In 2015, we didn't know about the existence of Rollups and Plasma. Data availability sampling had not yet been invented. We didn't know when SNARKs would be feasible. Basically, everything we knew about how to scale in a decentralized way was downstream research from 2015 to 2020."

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media that starting next year, he plans to only publicly mention (in blogs, speeches, etc.) L2 projects that are at stage 1+, and may give a brief grace period to some genuinely interesting new projects.Vitalik said: "Whether I have invested or not, or whether you are my friend, the project must reach stage 1, otherwise it will not be considered. Multiple ZK-rollup teams have told me they expect to reach stage 1 by the end of the year. I am very excited about this.Of course, we should not easily abandon training rounds until we have real confidence in the security of the proof system; doing so would be irresponsible. But stage 1 (75% of the council needs to cover the proof system, and 26%+ of the council members must come from outside the rollup team) is a very reasonable moderate milestone. The multi-signature wallet I am part of has not experienced a single activity failure in years, let alone a 26% failure rate. The era of rollups as glorified multi-signature wallets is coming to an end. The era of crypto trust is about to arrive."

ChainCatcher news, Galaxy Research stated in a report that the vast majority of Bitcoin rollups will be unsustainable. Due to transaction fees, Bitcoin rollups require millions of dollars annually to maintain.Galaxy wrote, "Each individual data publication transaction can occupy up to 400KB (0.4MB) of block space, effectively taking up 10% of an entire block." With multiple rollups expected, data is anticipated to be published every 6 to 8 blocks, which could quickly push the base layer fees to new highs and make small transactions too expensive. Given the competition for block space, only rollups that can generate the most fee revenue and pay block fees will be able to sustain operations.Galaxy estimates that in a low-fee environment, when the average transaction cost is 10 sat/VB, rollups will incur $460,000 in monthly fees to maintain Bitcoin's security. In a high-fee environment of 50 sat/VB, when Ordinals or tokens minted through Runes or the BRC-20 standard are frequently active, monthly costs could reach $2.3 million.

ChainCatcher news, according to News.bitcoin, Web3 developer Quicknode's Vice President of Products Josh Neuroth stated that ZK Rollups provide tangible benefits in transaction throughput and data confidentiality, making these L2 solutions more of a foundational technology rather than a fleeting trend. Furthermore, as the technology behind these L2 solutions matures, more projects are adopting them, and the Web3 space may witness lasting improvements in blockchain performance and user experience.Meanwhile, Neuroth expressed his agreement with Bitcoin extremist David Sorey's view that ZK Rollups are a missing piece in the Bitcoin network's scalability and privacy. He explained that ZK Rollups ultimately "help Bitcoin overcome its current limitations and compete with other blockchain networks that offer advanced features."