zkSync announced the test launch of the Rollup protocol on the ETH network. This solution is expected to help the Ethereum blockchain scale better in the future.
The zkEVM testnet will allow developers to “build and deploy dApps in a low-cost, highly scalable layer-2 environment” using the Solidity programming language.
According to the official release, the zkEVM system will attempt to “avoid relying on human operators to verify and finalize the legitimacy of transactions, and instead rely on cryptography.” This will provide much faster transaction speeds as they will be automatically verified by the protocol.
Similarly, zkEVM will be compatible with 11 separate bridges, including PolyNetwork, Hop Exchange, Nomad, Celer, Orbiter, LayerZero, Connext, DAI Wormhole, Composable, ZigZag and deBridge.
The main goal of the protocols is to eliminate the high amount of gas fees on the Ethereum blockchain, not affecting network security and privacy. This will make zkEVM decentralized and allow for customization and updating of the ecosystem on the Ethereum network.
Developers have already expressed their enthusiasm on social networks.
However, there are also responses about problems with transaction processing speed.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Analysis of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD as of 08/17/2018
Resistance levels did not allow the growth of cryptocurrency pairs to develop yesterday. If buying volumes do not increase to overcome these levels, the market will return to an overall decline
Ethereum has gone from crypto kittens to crypto zombies
The boom in crypto kittens has encouraged the Ethereum community to create new memetic characters. The Loom Network development team has created a new free interactive resource for programming games on the Ethereum blockchain called CryptoZombies.
