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TVL: $4.2

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Project overview

Technology

  • Technology:
    Optimistic Rollup
    UTXO.
  • Primary use case:
    Payments
  • Hypothetical level of decentralization:
    High
  • Current level of decentralization:
    Medium
    Optimistic rollups require 3rd party validators to submit fraud proofs. B/c of current lack of the adoption users can't trust that such validators are running.
  • Can funds be stolen by the operator?
    No
  • Permissionless?
    Yes
    Anyone can submit a new root that can become part of the rollup after a delay.
  • Privacy:
    No
  • Smart contracts:
    No