Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says
Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)
Binary trading platforms with better performance and payouts
ZK rollups
Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)
With Polyhedra’s new “Proof Arena,” it should be easier to tell who’s the fastest (April Walker/Unsplash, modified by CoinDesk using PhotoMosh)
Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June.
The Taiko project, distinguished for its “based sequencing” architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.
Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward “Polygon CDK,” a blockchain-development kit powered by zero-knowledge cryptography. The older “Polygon Edge” was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.
The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
Vitalik Buterin, a member of the Ethereum Foundation’s executive board, once pushed “layer-2” networks as a way to provide faster and cheaper transactions. Now he’s got ideas for “enshrining” some of those functions on the main chain.
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.