With the launch of the new optimistic rollup resolution, the Ethereum (ETH) community can scale in a secure and efficient manner by using the Bitcoin (BTC) hash rate. It goes with the line of Web3 products produced and advertised by SYS Labs, the company behind hybrid blockchain SysCoin (SYS).
SYS Labs introduces Rollux, a new-generation L2 rollup
According to the official statement made by SYS Labs, its much awaited second-layer product Rollux has officially launched in mainnet iteration. Through Optimistic Rollup, it is intended to scale Ethereum (ETH), using Bitcoin (BTC) as a security measure.
Rollux is fundamentally dependent on the alternatives made available by SuperDapp, a Web3 social network augmented by AI. For instance, it contains a built-in noncustodial pocket for easy asset management, a personal chat system, and a web interface.
Rollux develops from the beginning as a vital component of a robust ecosystem of cryptocurrency products, including the Pegasys AMM-powered DeFi, the Luxy NFT Platform, the Pali Pockets, the DAOSYS governance module, and Camada, a noncustodial, legal ecosystem for buying and selling cryptocurrencies.
The new creation from his team has a feature-rich and high-performance design, which makes Jagdeep Sidhu, CEO of SYS Labs, happy:
The scaling power of the two major blockchains, Bitcoin (BTC) and Ethereum (ETH), is currently combined in this resolution as the only one in the global Web3 landscape.
The staff ensures that many initiatives will be built upon Rollux.
Before Rollux’s mainnet debut, SYS Labs formed a number of partnerships with Web3 organisations. As a result, Rollux’s initial product era is almost ready to debut.
The new solution maintains high levels of decentralization and security by combining mining with Bitcoin (BTC), the cryptocurrency with the highest hash rate, to ensure the fastest speeds, the best and most scalable bandwidth, and the most affordable consumer experience with negligible transaction fees.
51% attacks against Rollux using the Bitcoin (BTC) hash rate are virtually impossible, even for well-funded, motivated, and sophisticated hackers.