Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies. Source
Read MoreThe foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies. Source
Read MoreThe BitVM project was designed by Robin Linus with lots of borrowing from Ethereum’s layer two (L2) optimistic rollups that have enabled faster execution of the transactions off-chain. The mainstream adoption of Bitcoin (BTC) and other digital assets has undeniably been facilitated by the decentralized financial (DeFi) ecosystems that use smart
Read MoreAmid the growing popularity of layer-2 scaling solutions based on zero-knowledge (ZK) proofs, decentralized finance liquidity protocol Symbiosis has added support for Linea, a zkEVM-based scaling solution for cross-chain swaps developed by ConsenSys.Symbiosis said in a statement that Linea is a developer-ready zkEVM rollup, which means it is Ethereum-compatible and
Read MoreWith funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one. Source
Read More“Native AA unlocks a ton of flexibility and room for innovation for wallet UX,” Alex Miao, a software engineer at Alchemy, told CryptoX in an email. ("UX" is short for user interface.) “Developers can incorporate customizable account permissions, build in safeguards to run at the wallet level, and create simple
Read MoreA series of cryptic tweets depicting orange balls were revealed to be building up hype for a new rollup client for Optimism (OP) called "Magi" from the crypto arm of venture capital firm Andreessen Horowitz (A16z).An April 19 Tweet from a16z engineer Noah Citron explained Magi is written in the
Read MoreThe project is a new client for OP Stack, the standardized, open-source development stack that powers Optimism. The client is written using the Rust programming language and is meant to serve as a faster alternative to op-node, the only existing rollup client that’s maintained by OP Labs and written in
Read MoreAs part of the ceremony of the announcement, according to the Polygon team, Vitalik Buterin, the co-founder of the Ethereum blockchain, will initiate the first transaction on the new zkEVM, and it will be livestreamed at ETHGlobal at 4:30 p.m. Central European Time (10:30 a.m. ET). Source
Read MoreCustomizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to the Polygon Sealevel Virtual Machine (SVM). How Eclipse’s L2
Read MorePolygon, an Ethereum scaling tool, saw wide swings in daily transactions and active addresses during the fourth quarter, as users scrambled to move funds during the epic meltdown of Sam Bankman-Fried’s FTX crypto exchange and the project rolled out new partnerships and initiatives, according to a new report from the
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