Gent.io research institute: development status and prospect of Layer2 capacity expansion technology

Gate-io institute

Gent.io research institute today released the development status and prospect of Layer2 capacity expansion technology, which described that with the application of blockchain technology in all walks of life, people's requirements for information processing speed of blockchain are getting higher and higher, the attention of blockchain capacity expansion technology is gradually increasing, and various capacity expansion schemes have been developed and improved. At present, common capacity expansion schemes are developed from Layer0, Layer1 and Layer2 respectively. Different public chains choose different capacity expansion schemes according to their own development needs. In this paper, gent.io research institute analyzed the state channel and side chain, two mainstream Layer 2 capacity expansion technologies, and discussed their future development prospects by comparing the lightning network with Plasma.

Article highlights:

◆ the difficulty of capacity expansion technology development is not in capacity expansion itself, but how to improve scalability when "security" and "decentralization" are guaranteed at the same time;
◆ the existing Layer2 layer capacity expansion technologies, such as state channel, Sidechains and Tenfold Protocol, have their own application scenarios, but they have not achieved the most ideal state.
◆ lightning network and Plasma are respectively the capacity expansion schemes of state channels on bitcoin and side chain in ethereum, and there are different problems in achieving the purpose of capacity expansion.
◆ for lightning network, how to balance the relationship with the security of bitcoin blockchain will become one of the important research topics on its future development, and how to realize convenient and rapid payment is one of the important routes for the future development of bitcoin.
◆ for Plasma, it strives to achieve the security of offline transactions without supervision. However, the technology development is difficult, and the integration of other r&d schemes will help to make a breakthrough as soon as possible.

The following is the full text of the research report:

Click the link to download the full PDF version of the study & NBSP;https://gatedoc.opencoding.com

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