You're reading from The Essential Guide to Web3 Develop, deploy, and manage distributed applications on the Ethereum network

Product type Paperback

Published in Nov 2023

Publisher Packt

ISBN-13 9781801813471

Length 366 pages

Edition 1st Edition

Tools

Ethereum

Concepts

Blockchain

Author (1):

Vijay Krishnan

View More author details

Table of Contents (25) Chapters

Preface

1. Part 1 – Introduction to Web3 FREE CHAPTER

2. Chapter 1: Fundamentals of Blockchain and Web3

3. Chapter 2: Getting Started With Ethereum

4. Chapter 3: Your First Ethereum Transaction

5. Part 2 – All about Smart Contracts

6. Chapter 4: Introduction to Smart Contracts

7. Chapter 5: Creating and Deploying Your First Smart Contract

8. Chapter 6: Smart Contract Security and Access Controls

9. Part 3 – Writing Your DApps for Web3

10. Chapter 7: Developer Tools and Libraries for Web3 Development

11. Chapter 8: Writing and Testing Your First dApp on Web3

12. Part 4 – Fungible Tokens

13. Chapter 9: Introduction to Tokenization

14. Chapter 10: Creating Your First Token

15. Part 5 – Non-Fungible Tokens

16. Chapter 11: Non-Fungible Token Standards

17. Chapter 12: Creating Your First Non-Fungible Token

18. Part 6 – Web3 Advanced Topics

19. Chapter 13: Understanding Oracles

20. Chapter 14: Zero-Knowledge Proofs and Zero-Knowledge EVMs

21. Chapter 15: L2 Networks and Rollups

22. Chapter 16: Decentralized Autonomous Organizations – Overview

23. Index

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Understandings rollups

The main idea behind rollups is to move many transactions and smart contract executions off-chain, while still maintaining their security and trustlessness. They do this by using a smart contract on the Ethereum blockchain to record the results of off-chain transactions and smart contract executions.

In a rollup, multiple transactions are grouped or batched together and then rolled up into a single transaction on the Ethereum blockchain. This reduces the number of transactions that need to be recorded on the blockchain, increasing the scalability of the network.

Figure 16.3 shows a high-level overview of how a rollup technology works with Layer 1 and Layer 2 networks working in parallel and L2 posting transaction blocks into Layer 1 and L1, posting receipts back to L2.