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RE: Layer 0 Protocols: The Key to Scaling Crypto for the Masses

in #bitcoin5 years ago (edited)

Thanks for bringing my attention to this Layer 0 protocol. Found it intriguing.

As I was reading it I started thinking about Layer 2 Lightning Network and how that also has been mooted to solve the scalability problem.

The similarities and differences between the two and how they could together make the blockchain transactions formidable and stupendous, surpassing Visa's average speed of 24000 TPS, by perhaps several order of magnitudes, should make an interesting story for another blog post.

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Very interesting that you said that @devann

I covered both layer 0 and layer 2 but it turned out to be too big for one post. Layer 2 post will be published soon as well.

But to be honest I'm biased to layer 0 simply because it doesn't change any rules on the chain. Consensus is done the same way and its applicability is something like a more efficient version of SegWit. Keep an eye on our blog for the layer 2 post!

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