Roll Up Rollup - Layer 2s
Updated
So the theme for the last bit of alt season was probably layer 1s such as AVAX and SOL
If dollar topping and risk bottoming here most things will do well
But i think one theme for the likely coming alt season would be layer 2s (scaling solutions)
The layers refer to the subsets of the future blockchain internet (web 3)
Vitalik has been bigging up L2s since the merge
If eth wins the web 3 race (not much competition) it needs to scale; and sharding is a long way off
As such as i see it we have an ascending hierarchy of scaling:
Side chains (matic)
Optimistic rollups (optimism)
Zk Snarks (Loopring, mina)
Zk starks (Immutable X)
Skale is a hybrid 1/2 as far as i am aware and matic/polygon is moving into starks and snarks
I think everything i mentioned here does fine
But until starkware has a token immutable x and possibly matic have some usp on starks i think
GRI 2022
If dollar topping and risk bottoming here most things will do well
But i think one theme for the likely coming alt season would be layer 2s (scaling solutions)
The layers refer to the subsets of the future blockchain internet (web 3)
Vitalik has been bigging up L2s since the merge
If eth wins the web 3 race (not much competition) it needs to scale; and sharding is a long way off
As such as i see it we have an ascending hierarchy of scaling:
Side chains (matic)
Optimistic rollups (optimism)
Zk Snarks (Loopring, mina)
Zk starks (Immutable X)
Skale is a hybrid 1/2 as far as i am aware and matic/polygon is moving into starks and snarks
I think everything i mentioned here does fine
But until starkware has a token immutable x and possibly matic have some usp on starks i think
GRI 2022
Note
Pocket retrace for optimism around 0.9 good target looks like .25 mid termNOT TARDING ADVICE
Note
*2.5 target for optNote
Well most of these are sendingYW
GRI 2022
Note
Currently in OP and SKLNOT TARDING ADVICE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.