Michael Sutton On X: An instantiation in the sense that it will choose a specific zk vm and a specific overall architecture to the L2, but I don’t think L1 is gonna enforce it as the only rollup/L2 instance, meaning there can be others with different choices and tradeoffs. Hopefully, it can be done…— Michael Sutton December 9, 2024
An instantiation in the sense that it will choose a specific zk vm and a specific overall architecture to the L2, but I don’t think L1 is gonna enforce it as the only rollup/L2 instance, meaning there can be others with different choices and tradeoffs. Hopefully, it can be done…— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: By all means, please read the Ghostdag paper and we can further discuss. Perhaps you’d like to join the challenge of proper scaling the proof system rather than criticizing it from an external pov. Let’s just agree that L1 scaling and designing the L1/L2 bridge is a separate…— Michael Sutton December 9, 2024
By all means, please read the Ghostdag paper and we can further discuss. Perhaps you’d like to join the challenge of proper scaling the proof system rather than criticizing it from an external pov. Let’s just agree that L1 scaling and designing the L1/L2 bridge is a separate…— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: Sparkle would be an L2 instantiation.— Michael Sutton December 9, 2024
Sparkle would be an L2 instantiation.— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: The required L1 components or a full L2 instantiation? The *design* must be holistic to some degree and look at the full picture, but implementation-wise these are very different questions. The former is an open-source core RK effort requiring the usual procedures (research,…— Michael Sutton December 9, 2024
The required L1 components or a full L2 instantiation? The *design* must be holistic to some degree and look at the full picture, but implementation-wise these are very different questions. The former is an open-source core RK effort requiring the usual procedures (research,…— Michael Sutton (@MichaelSuttonIL) December 9, 2024
“Beyond Cardano and Kaspa: Top Affordable Altcoins Under $1 with 1000x Growth Potential”
When investors think of the tokens to buy in the bull run, they often gravitate toward established names like Cardano and Kaspa. While these tokens show promise, their high market capitalizations may limit potential returns. Cardano, trading at $1.10 after breaking the $1 mark in late November, faces growth constraints due to its substantial market […]
The post Beyond Cardano and Kaspa:…
Michael Sutton On X: * It’s worth mentioning that ZK *verification* processes are cheap and that is all that will be required from L1. The burden of computation (mostly for generating zk proofs) lies on the collective effort of L2 operators/provers which can scale the task by managing and dividing…— Michael Sutton December 9, 2024
* It’s worth mentioning that ZK *verification* processes are cheap and that is all that will be required from L1. The burden of computation (mostly for generating zk proofs) lies on the collective effort of L2 operators/provers which can scale the task by managing and dividing…— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: It (still) takes a big effort for me. So I only manage to do it when there’s no escape:)— Michael Sutton December 9, 2024
It (still) takes a big effort for me. So I only manage to do it when there’s no escape:)— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: I can write long posts (does not require blue mark which I deliberately don’t have). Some posts are better as threads imho December 9, 2024
I can write long posts (does not require blue mark which I deliberately don’t have). Some posts are better as threads imho— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: done— Michael Sutton December 9, 2024
done— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: https://t.co/np7cjvxMiXhttps://t.co/x3yyidqsM9— December 9, 2024
https://t.co/np7cjvxMiXhttps://t.co/x3yyidqsM9— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: So how can we utilize being fast and wide, you ask? I suppose the answer lies in bringing based rollups back into the spotlight.— Michael Sutton December 9, 2024
So how can we utilize being fast and wide, you ask? I suppose the answer lies in bringing based rollups back into the spotlight.— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: ” How would that technically work on top of Kaspa The answer might partially be found in the following fresh-out-of-the-oven research post: https://t.co/x3yyidqsM9″ – December 9, 2024
How would that technically work on top of Kaspa The answer might partially be found in the following fresh-out-of-the-oven research post:https://t.co/x3yyidqsM9— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: However, based rollups went out of fashion—or, in the words of another user:> “The term rollups originally required on-chain sequencing, but nowadays on-chain sequenced rollups became the exception, not the rule, and are referred to as based rollups”Why? Because most L1s are…— Michael Sutton (@MichaelSuttonIL) December 9, 2024
However, based rollups went out of fashion—or, in the words of @hashdag:> “The term rollups originally required on-chain sequencing, but nowadays on-chain sequenced rollups became the exception, not the rule, and are referred to as based rollups”Why? Because most L1s are…— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: Combined with ZK proofs, this design offers the best of both worlds: L1 level of security and decentralization; while heavy computations are performed on L2 and only succinctly verified on L1— Michael Sutton December 9, 2024
Combined with ZK proofs, this design offers the best of both worlds: L1 level of security and decentralization; while heavy computations are performed on L2 and only succinctly verified on L1— Michael Sutton (@MichaelSuttonIL) December 9, 2024
Michael Sutton On X: Thanks to this parallel line of cryptography tech, we can indeed remain thin and yet expressive. Yet a question arises: using this technology, how can we maximize the benefits of already being fast and wide? Enter the “based” rollup concept.— Michael Sutton December 9, 2024
Thanks to this parallel line of cryptography tech, we can indeed remain thin and yet expressive. Yet a question arises: using this technology, how can we maximize the benefits of already being fast and wide? Enter the “based” rollup concept.— Michael Sutton (@MichaelSuttonIL) December 9, 2024