Rollup solutions have rapidly evolved in Ethereum’s Layer-2 scaling technologies. These technologies involve storing some funds on the main chain while executing some transactions off-chain, with data availability being a key challenge.
Sei’s airdrop journey has been a series of twists and turns, transitioning from being dubbed “Little Sweet” to “Cow Lady” and then back to “Little Sweet” again. Initially, Sei attracted attention with its reasonable fundraising amount, securing significant investment from Multicoin, a once high-flying venture.
On the evening of August 7th, PayPal, a payment company based in San Jose, California, announced the launch of a stablecoin named PayPal USD (PYUSD). This stablecoin, issued by Paxos Trust (former issuer of BUSD), is fully backed by deposits in US dollars, short-term government bonds, and similar cash equivalents. It will gradually become available to PayPal customers in the United States.
Rollup, as a scalability solution, holds significant potential for addressing the scalability challenges in blockchain’s expansion. However, there are still obstacles to overcome, such as security, decentralization, user experience, and cost-effectiveness. By addressing these challenges and establishing a robust ecosystem with standardized support,