News list for "Galaxyresearch"

Galaxy Research said in a report that the vast majority of Bitcoin rollups will be unsustainable. Bitcoin Rollups require millions of dollars a year to maintain due to transaction fees. "Each individual data release transaction can take up up to 400KB (0.4MB) of block space, effectively taking up 10% of the entire block," Galaxy wrote. With multiple Rollups expected to release data every six to eight blocks, Rollups could quickly push base layer fees to new levels...

2024-08-04 12:50:39