ZkSync Unveils ZK Stack, To Create Ecosystem of “Hyperchains” | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

CryptoNews: Ethereum layer-2, zkSync Era, has introduced ZK Stack, a modular framework for a series of custom blockchains called Hyperchains.🔥

, has introduced ZK Stack, a modular framework for a series of custom blockchains called Hyperchains.’s Superchains, these chains will operate as a new layer on top of the existing layer-2 protocol and will be composable and interoperable, allowing for near immediate liquidity and flash loan transfers between protocols.

The Hyperchains will be used by projects with specific requirements around privacy, speed and data availability, such as games, social networks, exchanges and banks. Recursive scaling will be used by ZK Stack, where transactions are batched into ZK proofs, which are then batched into a single proof for increased compression. The system may hypothetically scale up to meet any demand. The code is under the MIT/Apache license, which is open source and free.in total value locked, behind only Arbitrum and Optimism. ZK Stack is expected to be live on the testnet by the end of the year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 290. in COİN

Coin Coin Latest News, Coin Coin Headlines