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TypeScript layer-2 Projects
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SurveyJS
Open-Source JSON Form Builder to Create Dynamic Forms Right in Your App. With SurveyJS form UI libraries, you can build and style forms in a fully-integrated drag & drop form builder, render them in your JS app, and store form submission data in any backend, inc. PHP, ASP.NET Core, and Node.js.
Project mention: Spot Bitcoin ETF receives official approval from the SEC | news.ycombinator.com | 2024-01-15A real layer 2 would look more like something built on Ethereum (can see all its L2s at https://l2beat.com).
Essentially it's a separate network that every few minutes takes every transaction and compresses it into a data blob that it saves on Ethereum along with a proof that the computation was done correctly. The Ethereum L1 nodes then only need to verify the proof instead of re-executing all transactions that happened on the L2.
With this design users can go straight from an exchange like Coinbase onto the L2 and never need to use Ethereum, and fees are 10x cheaper because of the data compression. Fees will soon be 100x cheaper as Ethereum is adding extra space just for these L2 data blobs that is much cheaper than normal Ethereum data space.
Unfortunately it can't be done on Bitcoin right now because Bitcoin nodes don't have Turing complete scripting and so can't verify the proof that an L2 posts to Bitcoin.
TypeScript layer-2 related posts
- Spot Bitcoin ETF receives official approval from the SEC
- "Exploring Layer 2 Solutions: Seeking insights into the current landscape and optimal choices for developers and entrepreneurs."
- Ethereum rollups have hit the milestone of $10bn of assets and 2 million weekly active users! Scaling and adoption is finally here.
- Polygon (MATIC) Shakes Up Leadership: Potential Game Changer Incoming
- Are Layer 2s as secure as Layer 1?
- Ethereum liquid staking protocol Rocket Pool deploys on zkSync Era
- HOWTO turn cash into Ethereum?
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A note from our sponsor - WorkOS
workos.com | 26 Apr 2024
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