Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.
Layer-2 (L2) networks are on the rise, but it remains questionable as to which L2s will be widely used and adopted.
While it’s too soon to make predictions, some L2s have begun incorporating artificial intelligence (AI) to boost scalability, security, and efficiency.
This shouldn’t come as a surprise, though. Recent market insights show that the intersection of AI and blockchain technology is expected to be worth over $2.7 billion by 2031.
While the combination of blockchain and AI is still developing, these two technologies may fine-tune crypto trading strategies, help craft smart contracts and ensure better security features.
Karan Bharadwaj, Founder and CEO of Layer-2 Arithmic, told Cryptonews that AI can help optimize transaction throughput by improving proof generation and verification times. He added that artificial intelligence solutions can manage network congestion through smart resource allocation, which may ensure smooth performance under high demand.
This is important, as L2s are used to enable increased scalability by offloading numerous transactions from the main chain onto a second layer.
Bharadwaj also remarked that AI can enhance security by detecting anomalies and potential threats before they impact a layer-2 network.
This may very well be the case. Jan Gorzny, Co-founder of Zircuit, told Cryptonews that Zircuit is a zero-knowledge rollup solution that leverages AI for its sequencer security.
“This security feature within our rollup means that our AI-based sequencer monitors the mempool – which is the node’s
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