What are optimistic rollups?
An example of an AI chatbot conversation about optimistic rollups in blockchain technology.
Can you explain what optimistic rollups are?
Optimistic rollups are a layer 2 scaling solution for blockchains that increase transaction throughput.
How do they work in terms of security?
They assume transactions are valid by default and only check them if there's a dispute, which reduces overhead.
What are the benefits of using optimistic rollups?
They significantly lower transaction fees and increase speed while maintaining the security of the main blockchain.
Are there any downsides to optimistic rollups?
Yes, they can have longer withdrawal times and may face challenges with fraud proofs.
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