Ethereum

Satoshi Nakamoto

Orbit

Blockchain infrastructure firm Conduit has launched a new platform allowing users to build and deploy a layer-3 rollup on Ethereum or other networks for as cheap as $50 a month and as little as 15 minutes.
Conduit <a href="https://twitter.com/conduitxyz/status/1760353539304419770?s=207" target="_blank" rel="noopener nofollow">announced</a> the launch in a Feb. 21 X post, making its case that “ultra high-throughput“ layer 3s will make transactions even cheaper.
“Base and OP Mainnet are examples of general-purpose L2 networks. They’re cheap, fast, and power hundreds of different applications,” explained Conduit in a Feb. 21 blog.&nbsp;
“But some applications need even cheaper compute and dedicated blockspace. L3s allow apps to stop competing with others for blockspace and scale into their demand,” it added.&nbsp;
The new features came just a week after Conduit&nbsp;<a href="https://twitter.com/conduitxyz/status/1757812032756224399" target="_blank" rel="noopener nofollow">announced</a> a similar solution for layer 2 rollups on Feb. 15.
The cheapest $50 monthly plan allows a rollup to be built on Ethereum’s Sepolia testnet, though the heftier $3,000 a month plan allows users to deploy on mainnet, <a href="https://app.conduit.xyz/deploy" target="_blank" rel="noopener nofollow">according</a> to Conduit’s deployment app.
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2024-02/19fdb669-dcf3-4444-ba93-3f731dfa1fcc.PNG">
 <figcaption style="text-align: center;">
 Conduit’s rollup deployment page. Source: Conduit
 </figcaption>
</figure>
The Conduit app allows users to choose either Optimism’s OP Stack or Arbitrum Orbit as a rollup framework, then Ethereum, Base, Zora, or Mode as the settlement layer where the rollup transactions are verified.&nbsp;Users can also have rollup transaction data posted to either Ethereum or Celestia.
The L3 additions were&nbsp;<a href="https://x.com/TrustlessState/status/1757832425424486490" target="_blank" rel="noopener nofollow">described</a> as a “big day for the +1M rollups believers” by David Hoffman, a host on Ethereum show Bankless, while Paradigm’s head of market development, Nick Martitsch, <a href="https://x.com/nickmartitsch/status/1757821093229006930" target="_blank" rel="noopener nofollow">said</a> there’s never been an easier way to launch a rollup to date.
<blockquote class="twitter-tweet">
 ✶ Deploying a mainnet rollup is now easier than deploying a smart contract In just a few minutes and without writing any code, deploy an <a href="https://twitter.com/Optimism?ref_src=twsrc%5Etfw">@Optimism</a> L2 w/ <a href="https://twitter.com/CelestiaOrg?ref_src=twsrc%5Etfw">@CelestiaOrg</a> underneath or an <a href="https://twitter.com/arbitrum?ref_src=twsrc%5Etfw">@arbitrum</a> Orbit L3 through the <a href="https://twitter.com/conduitxyz?ref_src=twsrc%5Etfw">@conduitxyz</a> app<a href="https://t.co/IG9CGuD13z">https://t.co/IG9CGuD13z</a>— Bertie (@bertiecorrie) <a href="https://twitter.com/bertiecorrie/status/1758162450547978327?ref_src=twsrc%5Etfw">February 15, 2024</a>
</blockquote> 
“Don’t think people appreciate what is going on under the hood here,” Paradigm research partner Georgios Konstantopoulos <a href="https://x.com/gakonst/status/1760359272603689006" target="_blank" rel="noopener nofollow">said</a> of Conduit’s development.
Conduit advertises that these rollups can be deployed “in just a few clicks” with “no code required.”
Some observers on X however, shared concerns about the new ease of launching rollups. Psuedononmous DeFiLlama developer 0xngmi&nbsp;
Meanwhile, another commentator “h wonder” <a href="https://x.com/hWonderofWorld/status/1760384861146411027" target="_blank" rel="noopener nofollow">saw </a>potential&nbsp;issues if users stop paying the monthly bill or request to cancel.&nbsp;
<blockquote class="twitter-tweet">
 every shitcoin is gonna make its own rollup now innit? they making rollup deployment easier than launching a shitcoin <a href="https://t.co/roWI6YWYjd">pic.twitter.com/roWI6YWYjd</a>— 0xngmi (@0xngmi) <a href="https://twitter.com/0xngmi/status/1760382620729581872?ref_src=twsrc%5Etfw">February 21, 2024</a>
</blockquote> 
While there isn’t a deployment cost for the testnet plan, those signing up for the mainnet plan must pay a gas fee for deployment, which is $8,150, worth 2.79 Ether <a href="https://cointelegraph.com/ethereum-price">(ETH)</a> at the time of writing. It takes approximately 15 minutes for the rollup to be deployed.
Conduit will also pocket 7.5% of revenue from the layer 3 rollup.
The company <a href="https://x.com/conduitxyz/status/1757812042033922346?s=20" target="_blank" rel="noopener nofollow">claims</a> these layer 3 solutions will make Ethereum and layer 2 transaction fees more than 100 and 10 times cheaper as it makes block space more “abundant.”
Cointelegraph reached out to Conduit for comment but didn’t receive an immediate response.
Related: <a href="https://cointelegraph.com/news/four-zk-proof-l2s-that-scaled-ethereum-in-2023">The year of ZK-proofs: 4 layer 2s that helped Ethereum scale in 2023</a>
Ethereum co-founder Vitalik Buterin previously argued that <a href="https://cointelegraph.com/news/ethereum-co-founder-vitalik-buterin-shares-vision-for-layer-3-protocols">layer 3s</a> could provide “customized functionality” to users’ on-chain needs in a September 2022 post.
However, he wasn’t a fan of simply stacking the same scaling scheme on top of itself.
But, “a three-layer architecture where the second layer and third layer have different purposes, however, can work,” Buterin said.
Magazine: <a href="https://cointelegraph.com/magazine/satoshi-nakamoto-zk-proofs-bitcoin/">Big Questions: What did Satoshi Nakamoto think about ZK-proofs?</a>

You can now deploy your own L3 rollup for $50 a month

Cointelegraph

Other articles published on Feb 22, 2024

Bone ShibaSwap Crypto Price Forecast: Will BONE Price Reach the $1 Level?

Exploring the Impact of Generative AI on Brand Creativity

Bitcoin Long-Term Call: Analyst Predicts Price To Soar To $500,000

New ECB Report Claims Bitcoin ‘Has Failed’ Despite US Spot ETFs

Groq AI's LPU: The breakthrough answer to ChatGPT's GPU woes?

SOL Trader Believes This Coin Under $1 Will Lead the 2024 Bull Run with Solana and Ethereum, Admi...

Join our free newsletter for daily crypto updates!