What is the term for processing transactions in Layer 2 and periodically recording the proofs on the decentralized main network? Answer

What is the term for processing transactions in Layer 2 and periodically recording the proofs on the decentralized main network? Layer two (L2) blockchains are designed to help base blockchains (also known as layer one or L1) with scalability. L2 blockchains operate separately from the base chain, processing and validating transactions off-chain. They then post only the finalized proofs on the base chain.

By offloading a significant number of transactions, congestion on the base layer is reduced, resulting in lower gas fees and faster transactions. L2 blockchains depend on L1 for security, data availability, and decentralization, connected via a bridge. Users bridge their cryptocurrencies to access funds on L2 networks.

What is the term for processing transactions in Layer 2 and periodically recording the proofs on the decentralized main network? Answer

Correct Answer: Roilup.

In summary, Rollup is the term you’re looking for when it comes to processing transactions in Layer 2 and maintaining decentralized main network integrity. It’s an essential concept in blockchain scalability and efficiency.