ScaleSwap
  • 👋Introduction
    • Intro
  • 📍Chapter 1
    • IDO Launchpads We Have
    • Lowering the Barriers to Entry
    • Improving Liquidity of the Ethereum Ecosystem
    • Layer 1 and the Gas Fee 😱Scaries
    • Lottery
    • Deregulation-shrelegulation
      • 🏓 To-the-Mooon!
  • 📍Chapter 2
  • The Launchpad We Deserve
  • The Fundraiser’s Flow
  • Layer 2: Forget that Expensive ⛽️Gas!
    • The Road from Plasma to the New Now
    • Rollup-centric Roadmap and the New Teacher’s Pets
    • Polygon
    • Scaleswap Layer 2 Implementation
      • Opportunities for Swapping
      • The Atomic Bridging and the Biconomy Relay
  • 📍Chapter 3
    • 📈ScaleSCORE
    • Why Whitelist (v.)?
    • Metrics Explained
      • Dimension 1
      • Dimension 2
      • Dimension 3
      • Dimension 4
      • Dimension 5
      • Dimension 6
  • 📍Chapter 4
    • The Flows
    • Project’s Flow
      • Project Dashboard
  • Project Selection Criteria
  • Fees’ Flow and Pool Control
  • Swapper’s Flow
    • The Whitelist Registry
  • Participating in the Pool
  • 🤓Readme First
    • Why Intellectual Contribution Matters
  • 📑List of
    • References
  • List of the Acronyms
    • Explained
  • List of
    • The Figures
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  1. Layer 2: Forget that Expensive ⛽️Gas!

Scaleswap Layer 2 Implementation

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Last updated 3 years ago

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As of Spring 2021, the most logical way of building a layer 2 Ethereum solution for us was Polygon. We liked their solution-agnostic approach. Currently, we use Polygon’s (ok ok, that’s still from the “Matic times,” to be exact). It’s a sidechain, which is basically “an independent EVM-compatible blockchain which runs in parallel to mainnet” [].

However, where are the guarantees that say, in 10 years, Plasma PoS won’t reach the “motherland’s” Ethereum scale with gas fees adjusting as well? There is none. Nevertheless, the economics of Polygon’s Plasma PoS [] limits the number of validator nodes, offering instead the increasing (and this is true as of May 2021). Therefore, instead of raising the transaction fees, validators are incentivized to keep the transaction growth trend.

Plasma PoS Bridge
Joshua
Mittal
amount of transactions