What are the potential drawbacks or limitations of implementing zk rollups in the cryptocurrency industry?

3 answers

• Apr 30, 2022 · 3 years ago
  One potential drawback of implementing zk rollups in the cryptocurrency industry is the reliance on trusted setup. zk rollups require a trusted setup phase, where a group of participants generate and securely destroy certain cryptographic keys. If this trusted setup is compromised, it could lead to the manipulation of zk rollup transactions and undermine the security of the system. However, efforts are being made to improve the trustlessness of zk rollups by exploring alternative setups.
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• Apr 30, 2022 · 3 years ago
  Another limitation of zk rollups is the scalability issue. While zk rollups can significantly increase the throughput of transactions, they still have a limit on the number of transactions that can be processed within a given time frame. This limitation can become a bottleneck for high-demand applications, especially during periods of peak usage. However, ongoing research and development aim to address this scalability challenge and further enhance the performance of zk rollups.
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• Apr 30, 2022 · 3 years ago
  From BYDFi's perspective, zk rollups offer a promising solution for scaling the cryptocurrency industry. However, it's important to acknowledge that there are potential limitations to consider. One such limitation is the initial cost and complexity of implementing zk rollups. The setup and maintenance of zk rollup infrastructure require significant resources and technical expertise. Additionally, zk rollups may introduce new security risks that need to be carefully managed. Despite these limitations, zk rollups have the potential to revolutionize the cryptocurrency industry by enabling faster and more cost-effective transactions.
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