What is a Blockchain Rollup and How Does It Work?

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πŸ”— A Blockchain Rollup is a layer 2 scaling solution that enhances the performance and scalability of a blockchain network. πŸš€ It achieves this by aggregating multiple transactions into a single batch, which is then recorded on the main chain as a single transaction. πŸ’‘ By doing so, Rollups significantly reduce the computational load and congestion on the main chain, allowing for faster and more cost-effective transactions while retaining the security benefits of the underlying blockchain. 🌐

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πŸ’£ Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.