Achieving scalability while reducing high gas tariffs
Last updated
Last updated
We are actively investigating Roll-up technology as one of our scaling solutions. Roll-ups allow for aggregating multiple transactions off-chain and submitting a single summary transaction to the main chain. This approach drastically reduces the number of on-chain operations and consequently lowers gas fees. By utilizing Roll-ups, we can achieve greater scalability without compromising security or decentralization.
Zero-Knowledge Roll-ups (ZK Roll-ups) are a specific type of Roll-up that offers enhanced privacy and efficiency. ZK Roll-ups utilize zero-knowledge proofs to validate the correctness of the off-chain transactions without revealing specific details, ensuring privacy while achieving scalability. We are actively researching and evaluating the integration of ZK Roll-ups to further enhance our scalability and privacy features.
To enhance security, we are also exploring the use of Fraud Proofs. Fraud Proofs are cryptographic proofs that allow users to challenge and prove the validity of any incorrect transaction on the Roll-up chain. These proofs protect against any malicious activities on the Layer 2 network and ensure the trustworthiness of the off-chain transactions.
Data generated by off-chain transactions in Roll-ups will be securely stored on the Roll-up chain. This storage mechanism ensures that data integrity is maintained while minimizing on-chain storage requirements and gas fees. Additionally, we are actively researching innovative data storage solutions to optimize efficiency and cost-effectiveness.
To optimize costs and enhance interoperability, we are exploring the possibility of cross-chain settlement. This involves settling certain transactions or smart contract interactions on compatible Layer 1 blockchains or other Layer 2 networks. Cross-chain settlement allows us to take advantage of the cost-effectiveness of other blockchains while maintaining the security and decentralization of the Gallux.
The implementation of these scaling solutions involves extensive research, development, and rigorous testing. Our team of skilled developers is actively working to integrate Roll-up technology, ZK Roll-ups, Fraud Proofs, and other scalability solutions into the Gallux blockchain. We prioritize security, efficiency, and decentralization in our technical design to create a high-performance and cost-effective platform for our users.
By embracing cutting-edge Layer 2 scaling solutions, securely storing data on the Roll-up chain, and exploring cross-chain settlement options, we aim to achieve unparalleled scalability and reduced gas fees while providing a seamless and user-friendly experience within the Gallux ecosystem. Our commitment to continuous improvement and technological innovation ensures that we deliver a scalable and cost-efficient blockchain platform that meets the evolving needs of our community and beyond.