⛓️SX Rollup
Last updated
Last updated
Recent scaling issues made it clear that SX needed to upgrade its infrastructure, and launch SX's very own Arbitrum Orbit rollup.
Migrating SX to its own Arbitrum Orbit rollup offered a number of big benefits:
🚅 250ms Block Times: Arbitrum Orbit offers 250ms block times, which is 8x faster than the 2-second block times on Polygon. This massive difference in speed means SX can bring its liquidity onchain as well as offer much better cross-chain betting experience. In particular, cross-chain in-play betting becomes possible with this level of speed. Other games of chance, such as onchain casino games, also become possible. Finally, it also has the additional benefit of improved UX for bettors, lower failure rates, and faster bet settlement.
🔐 Better Bridging: Optimistic rollups offer the most secure bridging experience in all of crypto as they leverage the underlying security of the chain that they are built-on. This will increase trust in SX Network as the chain will now be relying on Ethereum and Arbitrum for its underlying security, rather than a third-party bridge such as Celer.
💰 Revenue Source for SX: Arbitrum Orbit rollups earn sequencer revenue from all the transactions that occur on the chain. For chains with lots of activity, this can become quite a large figure. This offers a tangible, alternative revenue stream for the SX token, beyond charging a standard commission rate. The faster infrastructure also enables alternative revenue streams, like the aforementioned onchain casino.
☎️ Best In-Class Support: Arbitrum is the leading layer-two blockchain in the world by TVL and users. Building on Arbitrum Orbit enables SX to automatically benefit from the infrastructure upgrades of Arbitrum, while being able to rely on their team for maintenance and support. Additionally, tighter integration with the Arbitrum enables SX to benefit from the tailwinds in growth in their underlying ecosystem.
✅ Simplifying Staking: Finally, running a rollup removes the need for SX Network stakers to create their own block validation infrastructure, and instead enables them to focus purely on the distributed reporting infrastructure that is unique to SX Network. This should lower the barriers to entry for new validators to onboard into the ecosystem, increasing the validator set, and decreasing the cost of becoming a validator.