The recent zkDay Istanbul event showcased the growing interest in zero-knowledge (ZK) technology, with over 1,200 participants including Vitalik Buterin. Experts gathered to discuss the importance of layer 1 (L1), layer 2 (L2), and ZK-rollups for crypto adoption. ZK-rollups enable faster and more secure bridging between rollups and have the potential for proof aggregation. L1 blockchains face scalability limitations, while L2 solutions handle transactions off-chain or on sidechains, reducing costs and enhancing speeds. ZK-rollups improve privacy by keeping transaction details confidential. Challenges include high proving costs for ZK-rollups and balancing scalability, security, and decentralization. Companies like Celestia provide scalable blockchain networks, while Aleo offers a layer 1 blockchain for private applications. Attracting developers involves demonstrating a viable business model or amassing liquidity. User adoption can be incentivized through a simplified value proposition and a positive user experience. Read more AI-generated news on: https://app.chaingpt.org/news

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