zkRollup
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šØAttentionšØ Rumors circulating on social media about a Starknet (STRK) token launch and airdrop are falseā. We urge you to report any accounts promoting this misinformation. Stay tuned for updates on the official Starknet launch! #Starknet #Ethereum #Layer2 #zkRollup
Introducing Citrea
Citrea is a zero-knowledge rollup solution that scales the Bitcoin blockchain while preserving its security properties like decentralization and censorship resistance.
Citrea aims to make Bitcoin the foundation for decentralized finance by further enhancing its capabilities.
#citrea #bitcoin #zkRollup #dyor
Citrea is a zero-knowledge rollup solution that scales the Bitcoin blockchain while preserving its security properties like decentralization and censorship resistance.
Citrea aims to make Bitcoin the foundation for decentralized finance by further enhancing its capabilities.
#citrea #bitcoin #zkRollup #dyor
Binance has announced theĀ 45thĀ project on Binance Launchpool - AltLayer (ALT).
AltLayer is a decentralized protocol that facilitates the launch of native and restaked rollups with both optimistic and zk rollup stacks.
ALT will be listed ob binance on January 25, 2024 at 10:00 (UTC) and the trading will open with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs.
#alt #Launchpool #altlayer #zkRollup
AltLayer is a decentralized protocol that facilitates the launch of native and restaked rollups with both optimistic and zk rollup stacks.
ALT will be listed ob binance on January 25, 2024 at 10:00 (UTC) and the trading will open with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs.
#alt #Launchpool #altlayer #zkRollup
What is Linea?Ā Layer 2 project overview zkEVM backed by ConsenSys (A-Z about Linea)
š What is Linea?
ā”ļø Linea is a zkRollup platform built and developed on Ethereum. The platform is sponsored by Consensys, a blockchain technology company that is involved in many important projects on Ethereum such as Metamask and Infura. Linea uses zkRollup technology to speed up and optimize transactions on Ethereum.
ā”ļø Linea also built its own zkEVM, which is an optimized version of the Ethereum Virtual Machine (EVM). zkEVM enhances the performance and reduces the cost of executing smart contracts on Linea. This platform provides many advanced features and scalability for transaction layering on Ethereum.
š Highlights of the project
ā”ļø Linea is a zkRollup platform built and developed by Consensys on Ethereum. Linea provides the zkRollup mechanism to enhance the performance and expand the capabilities of the Ethereum network. This platform helps to reduce the burden on resources and speed up transaction processing on Ethereum.
ā”ļø In addition, Linea also launched zkEVM, an optimized version of the Ethereum Virtual Machine (EVM). zkEVM makes it easy for developers to switch from Ethereum to Linea without investing too much effort, money and time. The platform focuses on optimizing smart contract execution and providing extensive features for applications built on Linea.
ā”ļø Linea focuses on building a comprehensive web3 platform, including DeFi, NFTs, Gaming, Payments and Infrastructure. This is achieved by combining puzzle pieces to form a powerful ecosystem on Linea.
ā”ļø Linea has a number of significant advantages over other zkRollup platforms. Here are the main advantages:
Compatibility: Linea built zkEVM, an optimized version of the Ethereum Virtual Machine (EVM), that simplifies the transition from Ethereum to Linea. This allows existing projects on Ethereum to easily scale and deploy on Linea without much code change.
Performance and Scalability: Thanks to zkRollup technology, Linea has the ability to increase transaction speed and reduce costs. The #zkRollup integration helps Linea to process a large number of transactions on a secondary blockchain, and at the same time only send the valid certificates of these transactions to the main blockchain, reducing the load on the Ethereum network.
Security and privacy: zkRollup uses zero-knowledge (zero-knowledge proof) technology to ensure privacy and security during transaction validation. Linea inherits this benefit, helping users and projects on the platform with high safety and security.
ā”ļø With these advantages, Linea is facilitating the development and provision of a diverse and powerful web3 platform for DeFi, NFTs, Gaming, Payments and Infrastructure.
šRoadmap
December 2022: Project Linea launches Private Beta, reaches over 490k transactions and allows developers to test on Goerli network.
January 2023: Opened Private Testnet and reached more than 1 billion transactions immediately
March 2023 : The project changed its name from ConsenSys zkEVM to Linea and opened the Public Testnet for users in the experience market.
Q2/2023: The #Linea project is expected to launch its mainnet version this quarter.
š Project team
Linea is developed by the people of ConsenSys team (Metamask wallet parent company), in which:
Joseph Lubin: The man who founded ConsenSys in 2014.
Kavita Gupta: Executive in Residence at ConsenSys and director of ConsenSys Ventures.
š Investors & Partners
š Investors
ā”ļø ConsenSys has raised more than 727 million USD, specifically:
ā”ļø + In the Series C round: ConsenSys raised more than 200 million USD at a valuation of 3.2 billion USD from large funds such as Animoca Brands, Coinbase Ventures.
ā”ļø Series D: #ConsenSys raised $450 million, raising its valuation to $7 billion, backed by ParaFi Capital, #Microsoft , SoftBank and Temasek.
š Partner
Relatively good partners with names like UniSwap, Hop Protocol, Lens Protocol, Celer Bridge, Layer zero and now these projects have launched on Linea's ecosystem.
š Project comments
ā”ļø Currently, the project has not launched a token, so the price forecast is not very informative, but it can be seen through the funding rounds and the magnitude of the investors and partners, thereby showing us. there will be an explosive project in the upcoming Layer 2 #zkEVM array. Besides, it is also possible that the project will Airdrop for early users, so take advantage of the experience!
š Summary
ā”ļø Let's find out and evaluate to have the best investment opportunity in the near future. Wish you luck!!!
$BTC $ETH $BNB
ā”ļø Linea is a zkRollup platform built and developed on Ethereum. The platform is sponsored by Consensys, a blockchain technology company that is involved in many important projects on Ethereum such as Metamask and Infura. Linea uses zkRollup technology to speed up and optimize transactions on Ethereum.
ā”ļø Linea also built its own zkEVM, which is an optimized version of the Ethereum Virtual Machine (EVM). zkEVM enhances the performance and reduces the cost of executing smart contracts on Linea. This platform provides many advanced features and scalability for transaction layering on Ethereum.
š Highlights of the project
ā”ļø Linea is a zkRollup platform built and developed by Consensys on Ethereum. Linea provides the zkRollup mechanism to enhance the performance and expand the capabilities of the Ethereum network. This platform helps to reduce the burden on resources and speed up transaction processing on Ethereum.
ā”ļø In addition, Linea also launched zkEVM, an optimized version of the Ethereum Virtual Machine (EVM). zkEVM makes it easy for developers to switch from Ethereum to Linea without investing too much effort, money and time. The platform focuses on optimizing smart contract execution and providing extensive features for applications built on Linea.
ā”ļø Linea focuses on building a comprehensive web3 platform, including DeFi, NFTs, Gaming, Payments and Infrastructure. This is achieved by combining puzzle pieces to form a powerful ecosystem on Linea.
ā”ļø Linea has a number of significant advantages over other zkRollup platforms. Here are the main advantages:
Compatibility: Linea built zkEVM, an optimized version of the Ethereum Virtual Machine (EVM), that simplifies the transition from Ethereum to Linea. This allows existing projects on Ethereum to easily scale and deploy on Linea without much code change.
Performance and Scalability: Thanks to zkRollup technology, Linea has the ability to increase transaction speed and reduce costs. The #zkRollup integration helps Linea to process a large number of transactions on a secondary blockchain, and at the same time only send the valid certificates of these transactions to the main blockchain, reducing the load on the Ethereum network.
Security and privacy: zkRollup uses zero-knowledge (zero-knowledge proof) technology to ensure privacy and security during transaction validation. Linea inherits this benefit, helping users and projects on the platform with high safety and security.
ā”ļø With these advantages, Linea is facilitating the development and provision of a diverse and powerful web3 platform for DeFi, NFTs, Gaming, Payments and Infrastructure.
šRoadmap
December 2022: Project Linea launches Private Beta, reaches over 490k transactions and allows developers to test on Goerli network.
January 2023: Opened Private Testnet and reached more than 1 billion transactions immediately
March 2023 : The project changed its name from ConsenSys zkEVM to Linea and opened the Public Testnet for users in the experience market.
Q2/2023: The #Linea project is expected to launch its mainnet version this quarter.
š Project team
Linea is developed by the people of ConsenSys team (Metamask wallet parent company), in which:
Joseph Lubin: The man who founded ConsenSys in 2014.
Kavita Gupta: Executive in Residence at ConsenSys and director of ConsenSys Ventures.
š Investors & Partners
š Investors
ā”ļø ConsenSys has raised more than 727 million USD, specifically:
ā”ļø + In the Series C round: ConsenSys raised more than 200 million USD at a valuation of 3.2 billion USD from large funds such as Animoca Brands, Coinbase Ventures.
ā”ļø Series D: #ConsenSys raised $450 million, raising its valuation to $7 billion, backed by ParaFi Capital, #Microsoft , SoftBank and Temasek.
š Partner
Relatively good partners with names like UniSwap, Hop Protocol, Lens Protocol, Celer Bridge, Layer zero and now these projects have launched on Linea's ecosystem.
š Project comments
ā”ļø Currently, the project has not launched a token, so the price forecast is not very informative, but it can be seen through the funding rounds and the magnitude of the investors and partners, thereby showing us. there will be an explosive project in the upcoming Layer 2 #zkEVM array. Besides, it is also possible that the project will Airdrop for early users, so take advantage of the experience!
š Summary
ā”ļø Let's find out and evaluate to have the best investment opportunity in the near future. Wish you luck!!!
$BTC $ETH $BNB
#Polygon has launched an alpha testnet for its latest zero-knowledge rollup (ZK-rollup) solution called #Miden
This development is part of Polygon's ongoing efforts to enhance #Ethereum scalability.
Miden uses cryptographic techniques to ensure data integrity without revealing underlying data, improving privacy and network efficiency. It supports functionalities like private transactions and parallel processing, aiming to significantly boost transaction throughput beyond Ethereum's current capabilities.
#zkRollup #TrendingTopic
This development is part of Polygon's ongoing efforts to enhance #Ethereum scalability.
Miden uses cryptographic techniques to ensure data integrity without revealing underlying data, improving privacy and network efficiency. It supports functionalities like private transactions and parallel processing, aiming to significantly boost transaction throughput beyond Ethereum's current capabilities.
#zkRollup #TrendingTopic
AltLayer is a protocol that facilitates the launch of native and restaked rollups with both optimistic and ZK rollup stacks.
It offers a framework called Restaked Rollups which combines the power of different rollup stacks and EigenLayer's restaking mechanism to provide application-specific rollups with enhanced security. Its core products include VITAL, MACH and SQUAD
#ALT #Launchpool #zkRollup #AltLayer
It offers a framework called Restaked Rollups which combines the power of different rollup stacks and EigenLayer's restaking mechanism to provide application-specific rollups with enhanced security. Its core products include VITAL, MACH and SQUAD
#ALT #Launchpool #zkRollup #AltLayer
Mantra Dao token OM Pump Coming
OM can jump 0.281 to $1 ,$2
Buy OM right now as Volume increasing from 35 million to 41 million ,Pump is near
#Write2Earn #BTC #zkRollup #OM/usdt #TrendingTopic
#Crypto investment is risky ,I am not responsible for any consequences!
OM can jump 0.281 to $1 ,$2
Buy OM right now as Volume increasing from 35 million to 41 million ,Pump is near
#Write2Earn #BTC #zkRollup #OM/usdt #TrendingTopic
#Crypto investment is risky ,I am not responsible for any consequences!
$ETH $
š”Simplified breakdown of different ZK-EVM types:
šType 1: Fully Ethereum-equivalent
- Aims to mirror Ethereum exactly, but proving transactions is time-consuming due to Ethereum's non-ZK-friendly design.
šType 2: Fully EVM-equivalent
- Similar to Type 1 but modifies certain structures for faster proof generation, sacrificing full Ethereum compatibility.
šType 2.5: EVM-equivalent with adjusted gas costs.
- Increases gas costs for complex operations to speed up proofs but might cause minor incompatibilities.
šType 3: Almost EVM-equivalent
- Sacrifices some features for faster proof generation, improving compatibility over time.
šType 4: High-level language equivalent
- Converts high-level code directly into ZK-SNARK-friendly language for very fast proofs but might lack full compatibility with existing EVM-based applications.
The goal is for ZK-EVMs to evolve towards Type 1 for perfect Ethereum compatibility, allowing various paths to scale Ethereum and ZK-rollups. Different projects are exploring these types, with potential shifts between them as they improve over time.
2024 will be an exciting year, most of the Zero-Knowledge Proofs are finished and coming to Mainnet, solving some of the problems here in Web3.
#Web3 #Layer2Chains #ZeroKnowledge #zkRollup #ETH
š”Simplified breakdown of different ZK-EVM types:
šType 1: Fully Ethereum-equivalent
- Aims to mirror Ethereum exactly, but proving transactions is time-consuming due to Ethereum's non-ZK-friendly design.
šType 2: Fully EVM-equivalent
- Similar to Type 1 but modifies certain structures for faster proof generation, sacrificing full Ethereum compatibility.
šType 2.5: EVM-equivalent with adjusted gas costs.
- Increases gas costs for complex operations to speed up proofs but might cause minor incompatibilities.
šType 3: Almost EVM-equivalent
- Sacrifices some features for faster proof generation, improving compatibility over time.
šType 4: High-level language equivalent
- Converts high-level code directly into ZK-SNARK-friendly language for very fast proofs but might lack full compatibility with existing EVM-based applications.
The goal is for ZK-EVMs to evolve towards Type 1 for perfect Ethereum compatibility, allowing various paths to scale Ethereum and ZK-rollups. Different projects are exploring these types, with potential shifts between them as they improve over time.
2024 will be an exciting year, most of the Zero-Knowledge Proofs are finished and coming to Mainnet, solving some of the problems here in Web3.
#Web3 #Layer2Chains #ZeroKnowledge #zkRollup #ETH
#ZKFair is a pioneering community-driven #zkRollup platform on #PolygonCDK and #CelestiaDA , powered by #Lumoz , a ZK-RaaS provider. It uses USDC as gas token, ensuring 100% EVM compatibility, high performance, low fees, and strong security. Addressing the prevalent unfairness in existing ZK-Rollup projects profiting from user fees without rewarding users, ZKFair emphasizes community governance, fairness, and transparency. It aims to reshape the ZK-Rollup landscape by providing substantial returns to users while involving them in decision-making, marking a shift towards a fairer and more inclusive ecosystem.
$ZK sync Era is an Ethereum layer-2 (L2) rollup that leverages zero-knowledge ($ZK ) proof technology to enhance transaction efficiency on the blockchain. By executing transactions off-chain and subsequently batching them into groups, $ZK sync Era generates a cryptographic proof of validity for each batch. This proof is then submitted to the Ethereum base chain.
ZK rollups, such as ZKsync Era, differ from optimistic rollups like Arbitrum, Base, and Optimism. While optimistic rollups operate on the assumption that all L2 transactions are valid unless contested, allowing anyone to challenge a transaction within a specified dispute period, ZK rollups produce cryptographic proofs to verify the validity of transactions. This ensures that the validity proof, created through a zero-knowledge proof system, confirms the integrity of the data before submission to the L1 chain.
One notable advantage of ZK rollups is the instant transaction finality they offer, eliminating the need for the seven-day waiting period required to withdraw tokens in optimistic rollups. Despite being more expensive than optimistic rollup transactions, this instant finality makes ZK rollups highly attractive for certain applications.
Matter Labs, the corporate entity behind ZKsync Era, announced in February 2023 that the rollup is free and open source. As of June 19, 2024, ZKsync Era's total value locked (TVL) stood at over $138 million, positioning it behind other prominent Ethereum rollups such as Arbitrum ($2.97 billion), Blast ($2.09 billion), and Base ($1.62 billion), according to DefiLlama data.
ZKsync Era is the inaugural chain in the ZKsync ecosystem, with plans for more ZK rollups to be deployed using the ZK Stack, broadening the scope and potential of ZK technology in the blockchain space.
#newlistings #zkRollup #BTCā #NOTš„š„š„ #Binancepen_spark
ZK rollups, such as ZKsync Era, differ from optimistic rollups like Arbitrum, Base, and Optimism. While optimistic rollups operate on the assumption that all L2 transactions are valid unless contested, allowing anyone to challenge a transaction within a specified dispute period, ZK rollups produce cryptographic proofs to verify the validity of transactions. This ensures that the validity proof, created through a zero-knowledge proof system, confirms the integrity of the data before submission to the L1 chain.
One notable advantage of ZK rollups is the instant transaction finality they offer, eliminating the need for the seven-day waiting period required to withdraw tokens in optimistic rollups. Despite being more expensive than optimistic rollup transactions, this instant finality makes ZK rollups highly attractive for certain applications.
Matter Labs, the corporate entity behind ZKsync Era, announced in February 2023 that the rollup is free and open source. As of June 19, 2024, ZKsync Era's total value locked (TVL) stood at over $138 million, positioning it behind other prominent Ethereum rollups such as Arbitrum ($2.97 billion), Blast ($2.09 billion), and Base ($1.62 billion), according to DefiLlama data.
ZKsync Era is the inaugural chain in the ZKsync ecosystem, with plans for more ZK rollups to be deployed using the ZK Stack, broadening the scope and potential of ZK technology in the blockchain space.
#newlistings #zkRollup #BTCā #NOTš„š„š„ #Binancepen_spark
Zircuit, a ZK Rollup project compatible with EVM, has introduced the Build to Earn program.
The ZircuitĀ Build to EarnĀ program is an initiative designed to incentivize and reward developers, builders, artists, and community founders for their contributions to the Zircuit ecosystem.Ā
#Zircuit #zkRollup #EVM #HotTrends
The ZircuitĀ Build to EarnĀ program is an initiative designed to incentivize and reward developers, builders, artists, and community founders for their contributions to the Zircuit ecosystem.Ā
#Zircuit #zkRollup #EVM #HotTrends
