Introducing Rollux, Bringing Rollups on Bitcoin to the Masses
SYS Labs Launches Rollux, Solving Ethereum's Challenges with Bitcoin's Strengths, Complete with a Comprehensive Ecosystem
Today, we’re thrilled to announce the launch of Rollux, an innovative EVM Layer-2 solution that is set to revolutionize the blockchain space. Backed by the power of Bitcoin, Rollux is not just another layer-2; it’s a statement, an achievement, and a promise for a more efficient and secure blockchain ecosystem.
Rollux, our Layer 2, is the most performant EVM-rollup in the industry. It sets a new standard across the three variables of the trilemma by achieving the fastest speeds or highest throughput at scale, offering the most affordable user experience with the lowest transaction fees bar none, and championing the greatest security like only PoW can provide as the only major rollup solution based on merged mining with Bitcoin.
These unique strengths inherent to Rollux represent an ultimate conclusion nine years in the making (Syscoin 1.0 launched in 2014) that the future of EVM scalability is derived from building atop Bitcoin's network, making great strides towards settling the differences between Bitcoin maximalism and Ethereum’s design philosophy to remove the walls of division that have needlessly splintered the industry for too long.
As an aside, it’s worth noting Rollux is a fundamentally different approach from BRC-20s that add smart contract functionality to Bitcoin via ordinals. You can read more about our thoughts on that approach here.
Rollux reminds the world of PoW’s relevancy and the importance of sustaining the Bitcoin network by inviting the Ethereum developer pool and ecosystem to join the Bitcoin ecosystem with the least amount of friction facilitated by Syscoin & Rollux acting as the bridge. Rollux is an Optimistic rollup fork that builds on Syscoin’s strengths and efficiencies like our industry first Layer 1 Proof-of-Data Availability solution
In recent years, the discussions around PoW (Proof of Work) and PoS (Proof of Stake) have taken center stage, but with Rollux, we’re bringing something different. By utilizing merged mining with Bitcoin, Rollux takes the best of PoW, providing unparalleled security, and combines it with the speed and efficiency that the Ethereum community has been longing for, presenting nothing less than a major boon on the side of PoW as Rollux effectively augments Bitcoin to provide the best of both worlds between security and programmability.
SYS Labs' projects include:
- SuperDapp, the AI-infused Web3 social platform with privacy
- Pegasys DeFi exchange and AMM
- Luxy NFT Marketplace
- Pali Wallet V2, the easy-to-use Web3 wallet (web & mobile)
- DAOSYS, the new standard for DAO models
- Camada, a non-custodial, regulatory-compliant asset management tool for institutions and retail
This suite of products, built upon the transformative foundation of Rollux, embodies our commitment to cultivating an ecosystem that fosters creativity, growth, and evolution. We're laying the groundwork for a new epoch in the blockchain landscape, where the norm becomes swift, affordable, and scalable transactions that inherit the best decentralization and security.
In addition to SYS Labs’ own ventures, many partnerships have been formed over the years with teams who are excited to launch products on Rollux. All of this points to a holistic ecosystem following close on heels of the mainnet. An open invitation is always extended to all EVM-based projects to explore Rollux and its benefits.
Jagdeep Sidhu, CEO of SYS Labs, couldn't have put it better: "Rollux is the embodiment of our shared vision and unwavering commitment. We're delivering on our promise of speed, decentralization, security, affordability, and scalability — the core pillars of blockchain technology that we always believed were vital for fostering mass adoption.”
We're not just launching a product; we're leading the charge in a new era of blockchain technology. Join us in making history.
About Rollux
Built by SYS Labs, powered by Syscoin, and fueled by its utility token, $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.
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About SYS Labs
SYS Labs is a unicorn of unicorns, building the fundamental layers of true Web3, and connecting users, dApps, and assets to create seamless flows between ecosystems. SYS Labs creates the infrastructure, dApps, and tools necessary to meet the needs and desires of a global population, all backed by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability solution, PoDA.