IDEX – the decentralized exchange (DEX) that facilitates more than 40% of DEX transactions – is reportedly claiming to be the creator of an “infinite scaling solution” for the Ether Network. 

Specifically, IDEX revealed that its self-developed network – “Optimized Optimistic Rollups (O2Rs)” – only takes 10 minutes to achieve block finality. The firm claimed that this speed surpassed the Optimistic Rollups (ORs) by 1000 times – a system designed Plasma Group and reportedly reached block finality within a fortnight. 

Rollup tools operate via sending computation off-chain and generate results to the network after. Both O2Rs and ORs use validators to run analysis on the published information on-chain, in an attempt to confirm the data is legitimate. 

This kind of technology has numerous applications in real-life situations. The main factor that distinguishes the 2 protocols is that, only when a validator-triggered data availability examination happens, will the off-chain data publishing process initiated by O2Rs. This new feature has opened doors for an infinite number of scalability potential and more applications with an increase in complexity. 

Alex Wearn – head of IDEX – believed that sale payment systems could explore O2Rs for a solution in a scalable non-custodial payments service, which “can match the throughput of Visa.” The protocol also facilitates free, instantaneous transactions of games assets in the form of non-fungible tokens.

Scalability is currently one of the major problems in the adoption progress of blockchain, since the tech has the tendency to bring up transaction costs or halt all finalizing processes, whenever heavy use occurs. As previously reported by TheCryptoSight, EIDOS Airdrop has led to the current congested state of EOS blockchain.