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IDEX Claims Creation of 'Infinite Scaling Solution for Ethereum'



  • Source: Cointelegraph - - Read: 0

    Summary:

     

    IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network.1,000 times faster

    In an email sent to Cointelegraph, IDEX claims that its system, dubbed Optimized Optimistic Rollups (O2Rs), reaches block finality in 10 minutes. The company also says that this is about 1,000 times faster than the Optimistic Rollups (ORs) developed by Ethereum scalability development organization Plasma Group — which achieves block finality in two weeks.

    Rollup solutions scale by moving computation off-chain and pushing result to the network later. Both O2Rs and ORs ensure data legitimacy by having validators analyze the data published on-chain.There are multiple possible applications

    This technology of ...

     

     

    Read Full News: https://cointelegraph.com/news/idex-claims-creation-of-infinite-scaling-solution-for-ethereum


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