In this video, I explain how Ethereum layer 2 scaling protocols work. I discuss Eth layer 2 scaling solutions including zk-rollups, plasma, sidechains, state channels. I also provide examples for each solution such as Loopring, Matic / Polygon, Arbitrum, zkSync, Optimism, Thorchain, and xDai.

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► Join the rareliquid community: https://www.patreon.com/rareliquid
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????Crypto????
► Coinbase - Good for beginners + Get FREE $10 Bitcoin: https://coinbase.com/join/chon_df?src=ios-link
► KuCoin - Best for altcoins + Get 10% OFF trading fees: https://www.kucoin.com/r/QBSSSMFC
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► Ledger - How I protect my crypto: https://shop.ledger.com/products/ledger-nano-x/?r=df7ec268d72b

????Related Videos????
Crypto Fundamentals Playlist: https://www.youtube.com/watch?v=pNUqkTV33eY&list=PL71QplJWp1RpJvsupzIg4Evw7ybmsBH11
Must-Have Altcoins in 2022: https://www.youtube.com/watch?v=5icImWI30zY
How to Prepare as an Investor for 2022: https://www.youtube.com/watch?v=VVZKZWtdn_A&t=1s
Solana vs. Ethereum 2.0: http://youtu.be/watch?v=ypIaqdxcUao
Ethereum 1.0 and 2.0 Explained: http://youtu.be/watch?v=ewH3-Rzdpd4

⏱Timestamps⏱
0:00 - Introduction
0:56 - Defining Layer 1s and Layer 2s
2:41 - Layer 2 Categories
5:19 - Layer 2 Comparisons

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

????Interact With Me????
► Investing Instagram: https://www.instagram.com/rareliquid
► Personal Instagram: https://www.instagram.com/benjchon/
► Twitter: https://twitter.com/rareliquid
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► LinkedIn: https://www.linkedin.com/in/ben-chon-8b0ba34a/
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► Books I recommend: https://amzn.to/3gy28xv
► My filming equipment: https://a.co/cf97WjW

????Disclaimer????
All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase.

#ethereum #loopring #polygon

Why Layer 2s Are ESSENTIAL for Ethereum's Survival (Rollups, Plasma, Sidechains EXPLAINED)

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In this video, I explain how Ethereum layer 2 scaling protocols work. I discuss Eth layer 2 scaling solutions including zk-rollups, plasma, sidechains, state channels. I also provide examples for each solution such as Loopring, Matic / Polygon, Arbitrum, zkSync, Optimism, Thorchain, and xDai.

????rareliquid????
► Join the rareliquid community: https://www.patreon.com/rareliquid
► My free daily investing newsletter: https://forms.gle/cJ6AkyyLT7cvhHKQ7

????Crypto????
► Coinbase - Good for beginners + Get FREE $10 Bitcoin: https://coinbase.com/join/chon_df?src=ios-link
► KuCoin - Best for altcoins + Get 10% OFF trading fees: https://www.kucoin.com/r/QBSSSMFC
► FTX US - For advanced traders + Get 5% OFF Trading Fees: https://ftx.us/home/#a=rareliquid
► FTX OUS - For advanced traders + Get 5% OFF Trading Fees: https://ftx.com/profile#a=rareliquid
► iTrust - Open a crypto IRA + Get FREE $100 Bitcoin: https://itrust.capital/rareliquid
► Ledger - How I protect my crypto: https://shop.ledger.com/products/ledger-nano-x/?r=df7ec268d72b

????Related Videos????
Crypto Fundamentals Playlist: https://www.youtube.com/watch?v=pNUqkTV33eY&list=PL71QplJWp1RpJvsupzIg4Evw7ybmsBH11
Must-Have Altcoins in 2022: https://www.youtube.com/watch?v=5icImWI30zY
How to Prepare as an Investor for 2022: https://www.youtube.com/watch?v=VVZKZWtdn_A&t=1s
Solana vs. Ethereum 2.0: http://youtu.be/watch?v=ypIaqdxcUao
Ethereum 1.0 and 2.0 Explained: http://youtu.be/watch?v=ewH3-Rzdpd4

⏱Timestamps⏱
0:00 - Introduction
0:56 - Defining Layer 1s and Layer 2s
2:41 - Layer 2 Categories
5:19 - Layer 2 Comparisons

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

????Interact With Me????
► Investing Instagram: https://www.instagram.com/rareliquid
► Personal Instagram: https://www.instagram.com/benjchon/
► Twitter: https://twitter.com/rareliquid
► TikTok: https://www.tiktok.com/@rareliquid
► LinkedIn: https://www.linkedin.com/in/ben-chon-8b0ba34a/
► Business Inquiries: ben@rareliquid.com

????‍????Career Resources????‍????
► Buy my resume and cover letter: https://rareliquidcareers.com/
► Books I recommend: https://amzn.to/3gy28xv
► My filming equipment: https://a.co/cf97WjW

????Disclaimer????
All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase.

#ethereum #loopring #polygon
Category
Cryptocurrency