.SecretZKProject a zero-knowledge rollup has been unveiled out of incubation from the MetisDAO Foundation, with the aim of making Ethereum the 'universal settlement layer' for all blockchain and non-blockchain applications. By JamieCrawleyCD
Zero-knowledge rollup ZKM has been unveiled out of incubation from the MetisDAO Foundation, saying it plans to make Ethereum the"universal settlement layer for all blockchain and non-blockchain applications."
into one, according to an emailed announcement on Thursday. Rollups are a way of bundling transactions to improve throughput and lower transaction costs.Metis will be the first network to use ZKM's hybrid rollup, which will allow the layer 1 chain to implement instant transfers from the layer 2.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum scaling protocols drive zero-knowledge proof use in 2023Ethereum scaling protocols continue to be the primary use case driving zero-knowledge-proof technology.
Read more »
Residential Address: The College of Hip-Hop Knowledge Schools Austin on Homegrown and National TalentThe residency that brings homegrown and national talent to town hosts Organized Konfusion's Princepo at Fresh Fridaze this week.
Read more »
ConsenSys launches Linea zkEVM to further scale EthereumConsenSys launches its Ethereum scaling, zkEVM Linea network that reduces transactions costs and increases throughput for the smart contract blockchain.
Read more »
Ethereum TPS boost? Starknet 'Quantum Leap' goes liveThe upgrade is expected to allow games that are rated triple A to become more realistic on the Ethereum mainnet.
Read more »
Ethereum (ETH) Gas to Be Optimized With This EIP: AnalysisHotly anticipated EIP-1153 that introduces 'transient storage' might be a game-changer for EVM ecosystem, Uniswap (UNI) experts say
Read more »