Vitalik Buterin Says Rollups Are Best For Scaling ETH Network

The co-founder of Ethereum (ETH), Vitalik Buterin says that rollups are the best way to go when it comes to scaling the network. The ETH news still show that there is an ongoing issue with scaling ETH, and the best solution according to the inventor are still rollups.

Both “scaling” and “Ethereum” are two words which are far from strange in the ETH community, given that they have been a topic of discussion for several years. Now, the solution to the network’s scaling issue should come with the long awaited and much talked ETH 2.0 (Ethereum 2.0) launch, known as Serenity.

Vitalik Buterin says that the ETH2 scaling for data “will be available before the ETH2 scaling which is meant for general computation. He tweeted this recently, and went on to say that this “implies that rollups will be the dominant scaling paradigm for at least a couple of years.”

ETH2 scaling for data will be available *before* ETH2 scaling for general computation. This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with eth1 as data layer, then ~100k TPS with eth2 (phase 1). Adjust accordingly.

— vitalik.eth (@VitalikButerin) June 30, 2020

As you probably know if you are following our coming altcoin news, Buterin has always been a proponent of rollups for quite some time. Vitalik Buterin says that these are a great option and as he explained in an interview, a Rollup is a scaling technique which keeps the transaction data on-chain and in a compressed form, but its computation is pushed off-chain.

In other words, he reiterates that this kind of a Rollup verifies the computation (signature verification, contract execution, zero-knowledge (ZK) proof execution and other things) in a ZK-Rollup or Optimistic Rollup.

However, things can easily get more technical from here. The thing that matters now is that these rollups would theoretically allow more transactions per second (TPS) and on a public chain, a maximum of 15 TPS can be done, as Vitalik Buterin says and said previously.

Actually rollups could potentially go up into the thousands or more on that dimension too. Strangely enough, shards don't need to talk to each other synchronously to be able to have a synchronous rollup that combines the shards' scalability.

— vitalik.eth (@VitalikButerin) June 30, 2020

The tweets by Vitalik Buterin also include several teams which are already making progress with rollups, as well as Layer 2 (aka off-chain) solutions which could scale Ethereum such as Arbitrum, Loopring, Arbitrum, zkSync, StarkWare, and Fuel Labs.

“Anyone who’s just moving ETH / ERC20 / ERC721 tokens around should be looking at how to get onto a rollup today,” added Buterin. “Gasprices on base chain would probably fall greatly if it was only used for the more complex stuff.”