Gluchowski: ZK-rollups will maintain a 50x cost reduction ratio over Ethereum mainnet
Alex Gluchowski · Scaling Up Blockchains with Zero-Knowledge Proofs · Nov 8, 2021 · at 29:20
Alex Gluchowski, co-founder of Matter Labs (zkSync), discusses transaction cost scaling for ZK-rollups compared to Ethereum layer 1 gas fees.
“So right now the rollups we have for ZK rollups we have for payments are about 50 times cheaper than native payments on layer one. And I expect that this ratio to remain roughly the same for also for smart contracts.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →