@OpsideL2 is a three-layer blockchain architecture of the form "Base Layer <- Sidechain <- Rollups." Let’s see how that works today. Test the product and give them feedback 🚀
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THIS IS NOT FINANCIAL ADVICE.
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⭕️ What is Opside?
There are a lot of blockchain scalability solutions: sidechains, optimistic and zk rollups. They build up layer 2s with much lower gas than layer 1, but still not enough for high-throughput applications like games.
Starkware came up with the concept of L3
But rollups also have some problems. Rollups store their compressed data and verify their state transitions on L1. So their performance is limited by layer 1 as an upper bound. Furthermore, each transaction running on the rollup finally requires a gas fee on layer 1.
Opside introduces another three-layer architecture for applications. Its layer 2 is a sidechain connecting to layer 1 through bridges, and layer 3 is a bunch of rollups running on layer 2, aka base layer <- sidechain <- rollup.
Based on this architecture, layer 2 gains asset variety from bridges and infinite scalability from rollups, providing a more friendly running environment for applications.
The tradeoff is that its security relies on layer 2 rather than layer 1. 🔥
⭕️ Architecture
This is how the system will work
🔸Layer3: Rollup as a Service
🔸Layer 2: Sidechain for Execution
🔸Layer 1: Assets from Blockchains
⭕️ Roadmap
🔸Q3 2022
Started with Layer 2 testnet and bridges to Ethereum and other chains
🔸Q4 2022 -Q1 2023
Started Layer 3 testnet based on Zk-Rollups
🔸Q2- Q3 2023
Will start with high throughput with applications running on testnet
🔸 Q4 2023
Support Optimistic / ZkEVSs
⭕️ Why We are doing this?
There are 3 main reasons and a good idea to start testing the product today
🔸Its a great product, building something unique and you gonna hear more about it in future
🔸You can get the early-testers role in their discord
🔸There will be a $IDE token
⭕️ What to do?
🔸Get some test tokens
https://faucet-testnet.opside.network/
🔸Bridge Layer 2
https://bridge-testnet.opside.network/
🔸Stake on Layer 2
https://staking-testnet.opside.network/
🔸Bridge Layer 3
https://zkbridge-testnet.opside.network/
🔸Join Discord / Feedback
🔸Follow @AlphaInsiders For Updates
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