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. 🎯
The Optimism Foundation aims to expand the blockchain ecosystem towards a decentralized web by utilizing scalable and horizontal superchains. Synchronization of blockchains increases hardware requirement linearly with computation. To scale horizontally, blockchains must run in parallel, but traditional designs have limitations. New chains need new security models, increasing systemic risk and cost. By combining Layer 2 into a multi-chain ecosystem, resources can be exchanged as commodities, enabling developers to build cross-chain applications without system risks.
The Optimism Foundation aims to expand the blockchain ecosystem by creating a decentralized web, replacing centralized entities with permissionless protocols. The superchain developed by Optimism is highly scalable and horizontal, requiring the involvement of multiple blockchains. Synchronizing a blockchain becomes more demanding as its computational load grows, making it necessary for blockchains to be operated in parallel to scale horizontally. However, there are limitations to traditional designs, as each chain uses a different security model, increasing systemic risk when introducing new chains. Creating new chains is costly due to the need for building validator sets or entirely new block producers. By integrating Layer 2 technology to create a multi-chain ecosystem, resources can be exchanged as commodities across different chains, enabling developers to build cross-chain applications without concerns about systemic risks.
The Optimism Foundation aims to expand the blockchain ecosystem by creating a decentralized web, replacing centralized entities with permissionless protocols. The superchain developed by Optimism is scalable and horizontal, requiring the collaboration of multiple blockchains. Traditional designs have limitations, as each new chain introduces a new security model and increases systemic risk. Building new chains is costly due to the need for validator sets or block producers. By implementing Layer 2 technology to form a multi-chain ecosystem, developers can freely build cross-chain applications without concerns about systemic risks.
In order to address limitations and risks, Ethereum developers have shifted towards data sharding to expand Rollups using "blobs". Data blobs are processed, stored, and verified by consensus nodes independently of execution nodes. EVM cannot access or store data in blobs, benefiting Rollup the most. Data storage is sold in integer units of blobs, each equivalent to 128 kB. The price for using blobs will be determined by market supply and demand, with a standard of 3 blobs/block (384 kB). Prices will increase by 12.5% for each additional blob used beyond 3, and decrease by 12.5% for less than or equal to 3 blobs used.
Execution shards can support various programs, but Ethereum devs prefer data sharding over Rollups for scalability. Data blobs are used for storage and are validated by consensus nodes. EVM cannot access blobs, benefiting Rollups. Blob storage is sold in integer units, with each blob equal to 128 kB. Prices are based on supply and demand, with standard usage at 3 blobs/block (384 kB). Prices increase by 12.5% for each additional blob used, and decrease by 12.5% for usage less than or equal to 3 blobs.
A new data type called Blob is specifically created for temporary data storage in Ethereum apps, especially Rollup. Blob format allows for higher throughput at a lower cost compared to traditional calldata. Call data costs are the biggest expense for Layer 2 projects, with Rollup spending 15,000 ETH on this alone. Ethereum initially focused on execution sharding but later shifted to data sharding and introduced Blob to address Rollup's scalability challenges due to various limitations and risks.
@iguez_david@flakayeah Chudai is a Hindi term that refers to sexual intercourse or intimate activities between partners. It is a common slang term used in India and among Hindi speakers.
@jormanramirezz Layer 2 wasted no time in rolling out the updated version of Dencun following its successful deployment, ensuring users were able to benefit from the new features promptly.