April 19, 2024
Proto-Danksharding Aims to Drastically Lower Ethereum Rollup Costs
Altcoins News

Proto-Danksharding Aims to Drastically Lower Ethereum Rollup Costs

Nicolas Liochon, the head of Consensys’ zkEVM Linea, claims that although proto-dank sharding is anticipated to significantly lower the cost of rollups, zero-knowledge (ZK) proof solutions have proven essential in aiding the scaling of the Ethereum ecosystem.

During Korea Blockchain Week, Liochon predicted that proto-dank sharding would further lower rollup costs by a factor of ten.

Proto-danksharding, also known as EIP-4844, is an Ethereum Improvement Proposal (EIP) that aims to lower the cost of rollups, which ordinarily group transactions and data off-chain and provide computational proof to the Ethereum blockchain.

The proto-danksharding launch date has not yet been determined by the Ethereum Foundation, although testing and development are currently going on.

According to Liochon, Linea offers transactions that are 15 times less expensive than those done on layer 1 of Ethereum, although rollups are still constrained by the reality that transactions are recorded as call data in Ethereum blocks.

Although call data only has to be accessible for a brief amount of time, rollups are nevertheless pricey in terms of their potential, according to Ethereum’s whitepaper. This is because all data is interpreted by all Ethereum nodes and is permanently stored on-chain.

Data blocks that might be transferred and connected to blocks will be made available by EIP-4844. It is claimed that this will significantly lower transaction costs because the data contained in blocks is not available to the Ethereum Virtual Machine and will be erased after a specified amount of time.

“In reality, the cost of rollups is down to data availability. We are writing all the data to layer 1, which is why we have exactly the same security. But it’s expensive; it represents 95% of the cost.”

Nicolas Liochon, the head of Consensys’ zkEVM Linea

According to Liochon, only a fifth of the cost is incurred by Linea’s prover, which effectively manages the off-chain computing necessary to verify, bundle, and then generate cryptographic evidence of the combined transactions.

This emphasizes the significant challenge of making ZK-rollups the preferred scaling method for the Ethereum ecosystem rather than alternative alternatives like Optimistic Rollups.

In addition, Linea, according to Liochon, seeks to be a multipurpose ZK rollup that can be applied to a range of decentralized applications and solutions within the Ethereum ecosystem.

“We are a generic rollup. We don’t want to have a specific use case or specific domain. It’s quite important to support all types of applications, including DeFi, gaming, and social.”

Nicolas Liochon

With the addition of more than 150 partners and the bridging of more than $26 million in ether, Consensys successfully launched Linea in August 2023.

Image: Freepik

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