📈 A report from Galaxy Research suggests that Bitcoin's layer 2 scaling networks, especially “rollups,” may not be sustainable in the long term despite their current popularity.
🔍 Main challenge:
- Cost of posting data to the base layer.
- Rollups need to generate revenue from transaction fees from many users.
💡 How it works:
- Compress multiple transactions into one batch and post the summary to the main blockchain.
- Bitcoin has a capacity limit of 4MB, each transaction posting data takes up to 400KB.
💪 Fierce competition:
- Rollups need to excel at generating fee revenue to survive.
- Base fees may increase, pushing small transactions out of the market.
💬 Alexei Zamayatin from BOB suggests using Celestia or the Bitcoin sidechain to save costs, but may sacrifice some of the decentralization and security of Bitcoin.
👉 What do you think about the future of Bitcoin rollups? Comment below! 🚀