Elder Snapshot
Obstacles in the Existing Rollup Landscape
Users:
Complexity of wallets/gas tokens: Managing multiple wallets and tokens confuses users.
Overwhelm caused by managing numerous rollups: Too many rollups create a chaotic experience.
Fragmented experience: Scattered systems disrupt seamless user interaction.
Operators:
Adoption needs incentives: Attracting users requires costly rewards or airdrops.
Slow, risky L2 bridging: Cross-chain delays and security issues hinder operations.
Fragmented userbase/liquidity: Split users and liquidity complicate growth efforts.
Potential Resolutions
Users:
Unified access via a single account/token: One account simplifies rollup interactions.
Fast, reliable consensus: Quick, trustworthy transaction finality enhances usability.
Simple onboarding UX: Easy, intuitive entry welcomes new users.
Operators:
Easy user onboarding: First-transaction access reduces entry barriers.
Faster, safer L2 bridging: Quick, secure bridging boosts efficiency.
Unified userbase and liquidity: Shared ecosystem unifies users and funds.
How Does ELDER Stand Out?
Vision: Seamless Web3 for all, mirroring Web2 simplicity while staying decentralized.
Features:
Single account/gas token for all RollApps.
Fast transaction sequencing with instant confirmations.
Smoother interoperability for bridges.
Growth via network effects.
Censorship-resistant trust.
User Perks:
No token management friction.
Web2-like UX with Web3 security.
Decentralized trust.
Operator Perks:
Low-cost onboarding.
Reduced operational overhead.
Unified liquidity pool.
Community exposure.
Rollups boost blockchain scalability, cutting costs and enhancing capacity. From Optimistic to ZK-Rollups and RollApps, challenges like complexity linger. ELDER unifies access, simplifies Web3, and mirrors Web2 ease. As rollups evolve, they scale not just networks but possibilities, driving decentralized innovation for all. The future unfolds rapidly.
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