Scalability is critical to the future of blockchains. Without it, onboarding the rest of the world to web3 will be impossible. While many new chains boast high TPS, we’re far from enabling the current financial system from running on-chain.
If Ethereum accomplishes its mission of becoming the base layer of all the value transactions, it wouldn’t be surprising that it would lead to a wealth transfer at the magnitude and speed we haven’t ever witnessed
When big payment processors like Visa and Mastercard start to integrate with Ethereum, without an intermediary, and virtually allows anyone to bank themselves on Ethereum and still cheaply do daily transactions, it's game over for the banking system.
crazy that ethereum was able to pivot the 2.0 design from execution to data-availability centric given the number of actors and size of the community.
definitely going down as one of the most historic moves in open source projects
I’m incredibly excited to announce Sovereign - The Internet of Rollups.
It will be an ecosystem of seamlessly interoperable and scalable rollups that can run on any blockchain.
Today, we announce Sovereign, the Internet of Rollups.
Sovereign is an ecosystem of interoperable and scalable rollups that can run on any blockchain.
Why are we building this? 🧵
mirror.xyz/sovlabs.eth/V-…
