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Ethereum Layer 2 network Hermez that uses ZK-Rollups has gone | Ethereum Platform News

Ethereum Layer 2 network Hermez that uses ZK-Rollups has gone live

Ethereum
Layer 2 scaling solution Hermez Network has gone live.

“People should save around 90% of gas costs,” Hermez’s tech lead Jordi Baylina told The Block.
The network initially supports USDT, ETH, WBTC, DAI, and HEZ tokens for transfers.

Ethereum Layer 2 scaling solution Hermez Network that uses ZK-Rollups technology for scalability has gone live.

The development means Hermez's mainnet has been launched, and users can now make transfers at lower gas costs.

"People should save around 90% of gas costs," Hermez's tech lead Jordi Baylina told The Block.