According to BlockBeats, Zerion has launched a testnet for its Layer 2 Rollup project, the ZERO Network. The testnet was developed using the ZKSync software package ZK Stack and is set to become a part of the expanding ZKSync ecosystem. The mainnet for ZERO is scheduled to be launched later this year.
The ZERO Network is a Layer 2 Rollup project by Zerion. It is designed to enhance the scalability of the Ethereum network by rolling up or aggregating transactions off-chain before finalizing them on the Ethereum mainnet. This process reduces the load on the Ethereum network, allowing for faster and more cost-effective transactions.
The testnet for ZERO Network was developed using the ZKSync software package ZK Stack. ZKSync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge proofs to ensure the security of off-chain transactions. The ZK Stack is a toolkit for building scalable, secure, and privacy-preserving applications on Ethereum.
The launch of the testnet marks a significant step towards the expansion of the ZKSync ecosystem. The ZERO Network, once fully operational, will become a part of this growing ecosystem, contributing to the scalability and efficiency of the Ethereum network.
The mainnet for the ZERO Network is expected to be launched later this year. This will mark the full operationalization of the project, bringing enhanced scalability and efficiency to the Ethereum network.
