NAUTILUS CHAIN : WHY OPTIMISTIC ROLLUP AND NOT ZK ROLLUP?
Nautilus Chain is a revolutionary blockchain platform that aims to create a seamless and secure ecosystem for digital transactions. With its cutting-edge technology and advanced features, Nautilus Chain offers a unique solution to the challenges faced by traditional financial systems.
The launch of Nautilus Chain is expected to provide value gains for ZBC tokens.
Unlike many other chains, Nautilus doesn’t issue its own native token. Instead, as a precursor to the Zebec Chain, it utilizes $ZBC for incentives, gas fees, and governance. It employs a proof of stake (PoS) consensus mechanism meaning that staking $ZBC tokens is required to become a validator. Validators not only receive $ZBC token rewards but will also be rewarded with the tokens of projects that deploy on Nautilus.
Nautilus offers dApps a unique opportunity to tailor their tech stacks according to their specific needs. By providing customizable, app-specific rollups, Nautilus enables projects to strike the perfect balance between decentralization, throughput, performance, cost, and efficiency.
Rollups work by bundling transactions together on a Layer 2 (L2) network and then verifying the entire bundle on the underlying Layer 1 (L1) network. When built on Ethereum, these L2 solutions maintain the same high level of security of the Ethereum Network while offering vastly improved performance for users.
There are two main types of rollups: Optimistic Rollups and ZK Rollups. While ZK rollups boast superior performance, faster finality, and theoretically better security, optimistic rollups provides better compatibility and easier onboarding for developers. Optimistic rolloups are easier to work with starting out because they simplify transaction validation, reducing the need for high-performance machines and storage.
Nautilus Chain has devised a unique approach to leverage the benefits of both Initially, Nautilus Chain will use optimistic rollups because their superior compatibility lowers the barrier of entry for projects migrating to Nautilus. This will allow more projects to deploy quickly, creating a thriving ecosystem right from the start.
Once the Nautilus ecosystem reaches a certain level of maturity, it will transition to using ZK rollups. This transition will enable true customization, enhanced performance, and lower costs, which, for a platform focusing on streaming payments, will be essential. Security, transaction efficiency, and low-cost transactions are the most important qualities for payment and payment-streaming dApps.
A RaaS (Rollup as a Service) chain like Nautilus will benefit from ZK-rollups over Optimsitic rollups in the long term because ZK-rollups allow for trustless setups without the challenge period required by optimistic rollups. The faster finality of ZK-rollups combined with their increased interoperability means Nautilus will enjoy a competitive edge, able to adapt to market demand.
Therefore, Nautilus Chain’s strategy is twofold. During the early stages of ecosystem development, it will focus on lowering the barrier to entry for developers to encourage widespread adoption and promote growth. As the ecosystem matures, Nautilus Chain will move to ZK-rollups to achieve higher security, efficiency, and customization, catering to the more advanced needs of Web2 developers, such as compliance and privacy.
Follow Nautilus Chain
Website: https://nautchain.xyz/
DevDoc:https://docs.nautchain.xyz/
Twitter: https://twitter.com/nautilus_chain
Telegram: https://t.me/nautchain
Discord: https://discord.com/invite/pEgPqTS7JX
Medium: https://nautchain.medium.com/
