$ERA IT REALLY HERE TO STAY? 🔥🚀
Well, we're seeing considerable strength, and the volume corresponds to a strong interest in this coin, but why?
Caldera is a project that focuses on developing "rollups as a service" (RaaS), that is, offering an infrastructure for anyone to launch and operate their own Layer 2 blockchain (a "rollup"). In simpler terms, Caldera makes it easy to create custom, high-performance, and scalable blockchains for specific decentralized applications (dApps).
Caldera seeks to solve scalability problems on existing blockchains (such as Ethereum) by allowing developers to create their own "rollups" optimized for specific use cases.
Imagine that if Ethereum is a major highway, a Caldera rollup is an express lane or secondary road custom-built for a specific type of vehicle (dApps or gaming, for example), which then connects back to the main highway. This reduces congestion and costs on the main network.
IS IT HERE TO STAY?
It's a "maybe very promising" project with considerable challenges, which I'll cover in another post because it'll get very long here.