ZK Rollup Coin $ZK is a cryptocurrency used on ZK Rollup solutions. ZK Rollup is a scaling technology for blockchain that allows processing more transactions per second at lower costs.
Using Zk Rollup, a large number of transactions can be aggregated in a Rollup block and create a concise proof for the off-chain block. Smart contracts on Ethereum layer 1 can then verify that proof without needing to re-execute transactions. This saves a lot on gas fees, as proof verification is much cheaper than recalculation.
Demand for Zk Rollup coin may increase as the Ethereum platform becomes more and more popular. Zk Rollup is also a new and advanced technology that can effectively solve the problem of Ethereum network congestion. Therefore, the development potential of Zk Rollup is huge, but the decision to invest in these coins or not depends on the Investors.
