Hey everybody! It’s been some time since we addressed this difficulty. As we talked about earlier than in our AMAs, this was largely because of the truth our group was focussing on extra urgent stuff, and ready a short time till scaling options developed.
As you may also know, we’re presently making ready a migration to ERC-20, and employed ETHWorks, some of the acknowledged dev retailers out there, to assist us out. They’ve been engaged on nice initiatives, resembling Common Logins, which can be being thought of to enhance UX after the migration. We are going to replace extra on all of this later, because the work is ongoing and we’re completely satisfied to say it’s lastly beginning to take form.
One of many Migration necessities was that our new ERC-20 must be appropriate with Layer 2 scaling options. To this finish, we now have been reaching out to varied groups engaged on L2 and commissioned ETHWorks to do analysis sprints to be able to discover out which options may match Golem greatest.
Thus far, there are just a few promising initiatives that we’re actively researching, so we wished to share them with you. We wish our neighborhood to learn each step of the way in which, so it is a good alternative to indicate our dedication to scaling and enhancing Golem is stronger than ever.
ZKSync is the ZK Rollup (layer 2) structure by Matter Labs. ZK rollup options off-chain computation + on-chain knowledge + validity proofs (ZK-SNARKs / ZK-STARKs). This strategy helps remedy the info availability downside inherent to Plasma. Regardless that it’s not but able to implement for general-purpose sensible contracts, it may possibly already be used for token transfers and specialised functions.
StarkDEX is a scalability engine for DEXes (non-custodial exchanges) that may enable them to deal with over 10,000 trades per block (you will need to observe, from my private understanding that that is provided that EVERY transaction in an Ethereum block makes use of StarkDEX). Has related Knowledge Availability challenges as Plasma. Starkware, close to their venture, talked about: “Knowledge availability [is] being assured by a trusted committee of contributors (an instance of potential contributors: 0x, StarkWare, DeFi contributors, and many others.). Down the highway, we (Starkware) plan to switch it with a blockchain-based answer.”
Whereas we now have been researching many different options – as an illustration, Raiden and Loopring – these two, ZK-Sync and Starkware, are those that we’re specializing in proper now. As we refine our analysis and the ERC-20 migration advances, we will likely be updating you extra on the progress of those.
When you’ve got every other concepts, be at liberty to drop them on Reddit!