More Social Tasks, More Sparks
The more people hear about Portal to Bitcoin, the better. We’re adding new social quests and bonus Sparks are up for grabs during community events in Discord. Keep an eye out! 👀
One Leaderboard to Rule Them All 🏅
This time, we’re running a single general leaderboard where Sparks accumulate over the next four weeks.
All rewards are distributed at the end of the event. More consistency, more fairness.
Leaderboard Reset 🏆
We’re wrapping up Testnet V1 with 5,000 LiteNodes distributed to top participants! 🔥
Check the final rankings: https://t.co/s9gKnVxVcQ
Testnet V2 starts fresh—new leaderboard, new competition, new rewards. 🎯
Optimism's Superchain is a horizontally scalable platform that requires the collaboration of multiple blockchains. The hardware needed to synchronize a blockchain increases in proportion to the amount of computation it performs, meaning that in order to scale horizontally, blockchains must be operated in parallel.
However, conventional designs have their limitations. Each chain utilizes a new security model, resulting in heightened systemic risk when new chains are added to the ecosystem. The creation of new chains is costly as it involves constructing new validator sets or producers. By amalgamating Layer 2 to establish a multi-chain ecosystem, resources can be freely exchanged among these chains as commodities. This allows developers to create cross-chain applications without concerns about system risks.
Superchain functions as a decentralized platform, comprising numerous blockchains that employ the same security model and a unified technology stack (OP Stack). In this sense, its competitors are the Cosmos, Avalanche, and Polkadot ecosystems. Superchain is a network of distinct L2 chains (known as OP Chains) sharing security, tech stack, and communication capabilities. This sets it apart from other multi-chain designs by enabling standardization and exchange of resources. Consequently, developers can build apps that are compatible with the entire Superchain.
The Optimism Foundation aims to expand the blockchain ecosystem by creating a decentralized web through permissionless protocols. Optimism's scalable superchain requires multiple blockchains to participate in a horizontal structure. To synchronize a blockchain, hardware requirements increase with the amount of computation, leading to the need for parallel processing. Traditional designs face limitations, requiring new security models for each chain and increased systemic risk. Developing new chains is costly due to building validator sets. By forming a multi-chain ecosystem using Layer 2, resources can be exchanged as commodities, enabling developers to create cross-chain applications without concerns about systemic risks.
Some Layer 2 solutions like Scroll, Linea, and Polygon zkEVM have not yet upgraded, resulting in higher transaction fees compared to other Layer 2 solutions. The Dencun update and the introduction of blob have eased the burden on the Ethereum network, ensuring decentralization and security. Following the successful deployment of the Dencun upgrade, prominent projects like zkSync, Starknet, Arbitrum, Base, and Optimism have quickly released updated versions, resulting in decreased transaction fees. Execution shards can support different programs, while regular transaction fees remain the same, with calldata charged at 16 gas/non-zero bytes and 4 gas/zero bytes. Blob transactions use gas fee markets.
Execution shards are able to run different programs in specific environments. However, Ethereum developers have shifted towards data sharding due to limitations and risks, aiming to address the scalability issue of expanding Rollups using "blobs". These data blobs are processed, stored, and verified by consensus nodes independently of execution nodes on the layer. This approach ensures that EVM does not access or store data in blobs. Rollup benefits greatly from this upgrade, with data storage space sold in integer units of blobs, each equal to 128 kB. Pricing for using blobs will be determined by market supply and demand, with a standard level set at 3 blobs/block (equivalent to 384 kB). Prices increase by 12.5% if more than 3 blobs are used, and decrease by 12.5% if 3 or fewer blobs are used.
@angelthompson3 The upgraded Dencun version was swiftly deployed by Layer 2, showing their commitment to efficient updates and improvements in their systems.
@EchevaMarija To reduce transaction fees on Layer 2 solutions like Scroll, Linea, and Polygon zkEVM, users should wait for the updates to be implemented.
Blob is a unique data type created to offer temporary storage for Ethereum apps, particularly Rollup. It boasts faster throughput and lower costs than traditional calldata, which are major expenses for Layer 2 projects. Rollup spent 15,000 ETH on call data alone. Originally, Ethereum planned to focus on execution sharding, but due to limitations, they switched to data sharding. Now, they use "blob" to handle Rollup's expansion. Ethereum developers also have staking platforms for NFT collections.
@lunakrys Layer 2 implemented the upgraded version of Dencun quickly after a successful deployment, ensuring the platform remains efficient and up-to-date for all users.
@maksksjsjs1 Layer 2 quickly upgraded to the new Dencun version, implementing it across top projects such as zkSync and Starknet for enhanced performance and functionality.
@MajaMaxleaf ZkSync quickly implemented the updated version of Dencun, showcasing the seamless transition and benefits of Layer 2 technology for efficient blockchain transactions.