What is Roll Up and How Does It Work?
Roll up is a term used in the context of blockchain technology to describe a process of aggregating multiple transactions into a single, larger transaction. This process is also known as “batching” or “bulk settlement.”
The idea behind roll up is to increase the efficiency and scalability of a blockchain network by reducing the number of transactions that need to be processed and stored on the blockchain. This is achieved by allowing multiple transactions to be bundled together and processed as a single transaction.
There are several different types of roll up, including “optimistic roll up,” “zk-roll up,” and “validator roll up.” Each type has its own unique features and benefits, but they all aim to improve the scalability and efficiency of the blockchain.
One key benefit of roll up is that it allows for faster and cheaper transactions. By reducing the number of transactions that need to be processed, roll up can help to reduce the load on the network and lower transaction fees.
Roll up is an important part of the ongoing development and evolution of blockchain technology and is being explored as a potential solution to the scalability issues faced by many blockchain networks.
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