The post What are validiums, and how do they work? appeared on BitcoinEthereumNews.com.

Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data. Validiums are a layer-2 scaling solution designed to optimize Ethereum’s performance by processing transactions off-chain.  Vailidiums are primarily responsible for reducing the load on the Ethereum blockchain by processing the majority of transactions off-chain and only sending concise proofs to the mainnet for verification. The off-chain transaction processing approach significantly boosts throughput and reduces congestion on the main network, resulting in a more efficient and cost-effective Ethereum experience. Read more Source: https://cointelegraph.com/explained/what-are-validiums-and-how-do-they-work

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Filed under: News - @ June 9, 2024 11:20 pm