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ConsenSys Set The Date Ready For zkEVM Public Testnet On March | Crypto Calendar News

ConsenSys Set The Date Ready For zkEVM Public Testnet On March 28

The
race for zero-knowledge Ethereum Virtual Machine (zkEVM) is more intense than ever as ConsenSys announced the deployment of a public testnet for the technology. Polygon will also launch its zkEVM mainnet beta. Scroll and Matter Labs have also announced that they will launch ZK rollups, but no dates have yet been set.

Zero-knowledge (ZK) technology is a form of technology that employs encryption to assist in boosting transaction speed and lower gas fees on blockchains. ZkEVMs are a sort of scaling mechanism, also known as a ZK roll-up, that tries to process transactions more quickly on a Layer 2 chain atop the main blockchain before sending the data back to Layer 1. Several organizations are scrambling to bring innovation to the Ethereum ecosystem, which is expected to be one of the year’s biggest blockchain developments, according to industry analysts. Coincu also has an article on this topic.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar