Optimistic Rollups are going live in March on Ethereum which is next week.What is special about Optimistic Rollups is that they are VERY easy for DAPPS like Uniswap, Compound, Aave, etc to implement.They basically copy paste their code over into Optimism and voila they're on L2.Uniswap is currently by far the largest contributor to ETH congestion and high fees (making up about 30% of fees alone on ETH)Once Uniswap, Sushiswap, Compound and these other major Dapps implement L2 all the congestion is going to come off of Ethereum which means transaction volume is going to shoot through the ROOF but will be done so for pennies.This is the most bullish news to the ETH space but you will not hear it emphasized because of all the FUD going around saying eTh CaNt ScALE.With EIP 1559 also coming this summer allowing for more "predictable" fees therefore saving average users gas fees along with L2, Ethereum is going to experience SIGNIFICANT growth in the coming months.Dont Fall for the FUD.
Submitted February 26, 2021 at 06:56AM
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