Gate.io Research Institute: The Development Status and Prospect of Layer 2 Capacity Expansion Technology

特邀专栏作者

2020-04-26 16:35 (UTC+8)

This article is about 552 words, reading the full article takes about 1 minutes

This article analyzes the two mainstream Layer 2 expansion technologies, state channel and side chain, and discusses their future development prospects through the comparison of Lightning Network and Plasma.

AI Summary

Expand

Main points of the article:

The difficulty in research and development of expansion technology does not lie in the expansion itself, but how to improve scalability when "security" and "decentralization" are guaranteed at the same time;
Currently existing Layer 2 expansion technologies such as state channels, sidechains (Sidechains), tenfold protocol (Tenfold Protocol), etc. have their own application scenarios, but none of them have achieved the most ideal state;
The Lightning Network and Plasma are the expansion solutions of the state channel on Bitcoin and the side chain on Ethereum respectively. While achieving the purpose of expansion, there are different problems;
For the Lightning Network, how to balance the relationship with the security of the Bitcoin blockchain will become one of the important research topics on its future development path, and how to realize convenient and fast payment is one of the very important routes for the future development of Bitcoin. one;
Research Report in PDF

click here to download:Research Report in PDF