To provide a competent platform with Bitcoin’s security, Ethereum’s versatility, and its own scaling solutions, the decentralized, open-source project Syscoin is constantly upgrading its blockchain architecture since it is meant to be utilized by everyone from the unbanked to the elite corporations and governments.
Syscoin concluded the first part of its three-phase Network-Enhanced Virtual Machine (NEVM) plan last year December by launching NEVM Layer 1. With the Phase 2: Rollups approaching integration, Syscoin has unveiled its in-house Layer 2 rollup suite — Rollux.
After establishing itself as an economically viable decentralized platform that is comparable to web2, Syscoin Platform aims to start offering web3 services either natively or through a bridge with Rollux.
Rollux, as a comprehensive Layer 2 solution, will use Optimistic rollups when ZK rollups mature. To provide unparalleled Layer 2 capabilities, Rollux, a white-glove service, will use modular technology to the optimum extent upon its launch.
While speaking about these breakthroughs, Jagdeep Sidhu, the lead developer of Syscoin, remarked:
The lead developer further added that “[they] also believe that with direct EVM equivalence, such as Nitro and Cannon technologies, we can unlock performance and scale that will advance the space and likely give a window of a few years before ZK-Rollups will be as efficient.”
Due to Rollux’s support, Syscoin’s NEVM will be the first to enforce Sindhu’s Proof-of-Data Availability (PoDA). Furthermore, it will also be the first to support Optimistic rollups after Ethereum, while Ethereum 2.0 switches to a PoS consensus algorithm.
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Source: Cryptocurrency - investing.com
