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CATEGORY: zk rollup


Matter Labs CEO announces company restructuring, layoffs

Author: Cointelegraph by Vince Quill
United States
Sep 04, 2024 12:00

Matter Labs CEO announces company restructuring, layoffs

Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.

Feb 02, 2024 05:00

Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum Universal Settlement Layer

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."With funding from the foundation that oversees development of Metis, a layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into

The post Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum ‘Universal Settlement Layer’ appeared first on BTC Ethereum Crypto Currency Blog.

Mar 03, 2024 05:55

Taiko, an Ethereum-Equivalent ZK Rollup, Raises $15M

The Taiko project, distinguished for its “based sequencing” architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.Source: CoinDesk

The post Taiko, an ‘Ethereum-Equivalent ZK Rollup,’ Raises $15M appeared first on Crypto Breaking News.

Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet

Author: Cointelegraph By Tom Mitchelhill
United States
Jun 22, 2023 08:20

Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet

With fresh funding under its belt, Starknet will launch a new testnet zkEVM in August that allows developers to write in any EVM-compatible language on Starknet.

May 19, 2022 09:35

Behind zkLend, a dual solution money market protocol for institutions and retail

zkLend is an L2 money-market protocol built on StarkNet, combining the best of zk-rollups and Ethereum to bring more users to the DeFi market.  To differentiate itself from the growing competition on the market, zkLend offers an innovative, dual solution to the problems faced in DeFi—a permissioned and compliance-focused solution for institutional clients and a […]

The post Behind zkLend, a dual solution money market protocol for institutions and retail appeared first on CryptoSlate.

May 14, 2022 02:50

Polygon Is About To Do Something ‘Revolutionary’

Polygon Hermez has been busy building Hermez 2.0 — a ZK implementation of the Ethereum Virtual Machine (EVM). Covered: ZK Rollups: Brief History Polygon Hermez Set to Change the Game ZK Rollups: Brief History Zero-Knowledge Rollups have been dubbed by Vitalik himself the most robust and secure long-term option for scaling Ethereum. Vitalik went on […]

The post Polygon Is About To Do Something ‘Revolutionary’ appeared first on CryptosRus.

Mar 11, 2022 01:10

Roll-up developers StarkWare to raise $100M at a $6B valuation

Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calcalist.

The post Roll-up developers StarkWare to raise $100M at a $6B valuation appeared first on CryptoSlate.

Jan 28, 2022 01:15

Matter Labs and BitDAO launch a $200 million DAO to bootstrap zkSync development

Matter Labs, the organization behind Ethereum scaling protocol zkSync, announced today that it has launched a $200 million DAO to help accelerate the growth of the zkSync ecosystem.

The post Matter Labs and BitDAO launch a $200 million DAO to bootstrap zkSync development appeared first on CryptoSlate.

Jan 02, 2022 02:50

Three Mid-Cap’s To Watch Out For In 2022

Mid-cap crypto assets are generally regarded as having a market cap between 2-10 billion. As it stands right now on CoinMarketCap, that means assets below the top 20 and above the top 70. These are the projects that are big enough to make a splash quickly, yet small enough for you to secure a very […]

The post Three Mid-Cap’s To Watch Out For In 2022 appeared first on CryptosRus.

Dec 21, 2021 02:50

DeFi On Arbitrum Blowing Up: Will They Compete With Polygon?

In the growing battle for supremacy between Ethereum scaling solutions, Arbitrum, an optimistic rollup, is quietly making major moves. Covered: What is Arbitrum? Dominating rollup market share DeFi TVL reaches top 10 What Is Arbitrum? The Layer-2 race for TVL is heating up, and Arbitrum is coming hot on the heels of Polygon. Arbitrum is […]

The post DeFi On Arbitrum Blowing Up: Will They Compete With Polygon? appeared first on CryptosRus.

Dec 18, 2021 02:45

Data Shows Polygon Has Surpassed Eth In ‘New Tokens Deployed’

Big announcements and data both point to Polygon beating Ethereum in almost every metric. Covered: Polygon overtakes Ethereum in ERC tokens deployed From Sidechains to Rollups Winning on all fronts A Formidable Layer 2 for ETH Congestion It was only a matter of time. The bottleneck of Ethereum’s congestion at the base layer always meant […]

The post Data Shows Polygon Has Surpassed Eth In ‘New Tokens Deployed’ appeared first on CryptosRus.

Dec 09, 2021 07:25

BREAKING: Polygon Announces 400 Million Deal With MIR Protocol; Forms Polygon Zero

Polygon MIR Protocol: the layer-2 finally announces the big news (Polygon Zero) they’ve been teasing. Mirror protocol, no relation to MIR protocol, briefly moons on the news. Covered: Polygon Announces 400 Million Dollar Deal With MIR Protocol Formation of Polygon Zero MATIC Struggling Along With Rest Of Crypto Market Mirror Protocol Benefits From Announcement Polygon […]

The post BREAKING: Polygon Announces 400 Million Deal With MIR Protocol; Forms Polygon Zero appeared first on CryptosRus.

Oct 06, 2021 02:55

Ethereum Zcash and Filecoin partner for game-changing research project

Takeaways~ zk (zero-knowledge) proofs are at the heart of the project The research will be conducted to also improve interoperability between chains Ehtereum may inherit a “zero-knowledge virtual machine” from this research Filecoin hopes to benefit from increased computational power to store data The discovery by Zcash has been hailed as a ‘game changer’ by […]

The post Ethereum Zcash and Filecoin partner for game-changing research project appeared first on CryptosRus.

Feb 07, 2024 01:25

Citrea Launches First ZK Rollup on Bitcoin, Enhancing Blockspace Capabilities

Citrea introduces an approach to scale Bitcoin comprehensively with zero-knowledge proofs, ensuring on-chain verifiability and data availability within the network.

Ethereum layer-2 Scroll tips native token launch

Author: Cointelegraph by Alex O’Donnell
United States
Oct 09, 2024 12:00

Ethereum layer-2 Scroll tips native token launch

The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.

Justin Sun says Tron is exploring ways to integrate ZK-EVM

Author: Oluwapelumi Adejumo
United States
Apr 05, 2023 05:50

Justin Sun says Tron is exploring ways to integrate ZK-EVM

Tron network founder Justin Sun said his blockchain networks — TRON (TRX) and BitTorrent (BTT)– are exploring ways to integrate zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their ecosystems. The Zero Knowledge (ZK) rollup is a layer2 solution allowing several transactions to be batched off-chain and executed on the mainnet. In an April 5 Twitter […]

The post Justin Sun says Tron is exploring ways to integrate ZK-EVM appeared first on CryptoSlate.

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