What are optimistic rollups and how do they work?
Optimistic rollups are a layer 2 scaling solution for blockchains that allow for faster transactions by processing them off-chain. They assume transactions are valid by default and only check them if challenged.
Can they be used for decentralized applications?
Yes, optimistic rollups can significantly enhance the performance of decentralized applications by reducing transaction costs and increasing throughput.
What are the benefits of using optimistic rollups?
The main benefits include lower fees, faster transaction speeds, and the ability to scale applications without compromising security.
Are there any drawbacks to using optimistic rollups?
Yes, potential drawbacks include the challenge of fraud proofs and the delay in finality due to the challenge period.
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