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What are validiums, and how do they work?

What are validiums, and how do they work?

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Source: Coin Telegraph

Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data.

Validiums are a layer-2 scaling solution designed to optimize Ethereum’s performance by processing transactions off-chain. 

Vailidiums are primarily responsible for reducing the load on the Ethereum blockchain by processing the majority of transactions off-chain and only sending concise proofs to the mainnet for verification. The off-chain transaction processing approach significantly boosts throughput and reduces congestion on the main network, resulting in a more efficient and cost-effective Ethereum experience.

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Author: Jagjit Singh