Author: ZKBase | Layer2 Solution For ETH & BTC

Compiled by: TechFlow

On July 1, 2024, at 8:00 UTC, the ZKBase mainnet was officially launched, marking an important step in the era of the Ethereum Virtual Machine (EVM). As an ETH Layer-2 blockchain based on the ZKEVM, ZKBase introduces new levels of scalability and efficiency to the blockchain ecosystem.

Introduction

Since its founding during the DeFi Summer of 2020, the ZKBase team has been working on the Layer-2 expansion track. Over the past four years, the team has developed a powerful platform using ZK-Rollups technology to solve the problems of high gas fees and slow transaction times that plague the Ethereum mainnet. Today's mainnet launch marks an important milestone in their efforts to improve blockchain scalability and efficiency.

background

Founded in 2020, the ZKBase team emerged from the surge of ETH-based DeFi protocols. The team continues to innovate, releasing important versions such as ZKSwap V1 and V2, ZKSpace, and now the ZKBase mainnet. These developments have greatly reduced gas fees and transaction times, making blockchain more convenient and efficient.

ZK Rollups and Aggregate Proofs

The ZKBase mainnet utilizes the ZK-Rollups solution based on the zero-knowledge proof algorithm to enhance transaction processing and system performance. This technology reduces gas costs and improves security by continuously submitting transaction data to the Layer-1 mainnet for confirmation.

Future Outlook

With the launch of the mainnet, ZKBase aims to support a wide range of Dapps, including DEXs, lending platforms, NFTs, and GameFi applications. The team is also working on building a decentralized computing power market, ZKMarket, to match idle computing resources with demand.

The launch of ZKBase will open up new possibilities in the Layer-2 space, solving key issues such as security, convenience, and programmability, paving the way for the future of Ethereum scaling solutions.

Mainnet network information

  • Network name: ZKBase Mainnet

  • RPC URL: https://mainnet-rpc.zkbase.app

  • Chain ID: 1456

  • Currency Symbol: ETH

  • Contract Verification API: https://mainnet-contract-verification.zkbase.app/contract_verification

  • Portal: https://portal.zkbase.app

  • Block Explorer URL: https://explorer.zkbase.app

  • Block Explorer API: https://block-explorer-api.zkbase.app

  • WebSocket URL: wss://mainnet-rpc.zkbase.app/ws