zkRollup
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🚨 TODAY IS THE BIG DAY – $SCR LAUNCH ON BINANCE! 🚨
Crypto fam, buckle up because Scroll ($SCR) is officially launching on Binance TODAY! This Layer-2 scaling solution is set to make Ethereum faster and cheaper with its zk-rollup technology. If you're not in yet, now’s the time to join the action! Here’s why everyone’s talking about $SCR:
💡 Key Benefits:
1. Lower Gas Fees: Say goodbye to high Ethereum gas fees!
2. Faster Transactions: No more waiting—$SCR processes transactions quicker.
3. Seamless Compatibility: Fully compatible with Ethereum, making it easy for developers and users alike.
💰 Price Predictions: Experts suggest $SCR could start between $1.5 and $3.0 on launch, with potential to hit $4+ due to Binance’s huge user base and the locked token supply (only 19% in circulation).
📊 Strong Backing & Ecosystem:
#1 zk-rollup chain by TVL with over $1.15B locked.
Over 63 projects live on Scroll’s network.
Raised $80M from top investors like Polychain Capital.
Will $SCR moon today, or will it take time to grow? Drop your predictions in the comments and let’s see who nails it! 🚀🌕
#SCRonBinance #ScrollLaunch #EthereumLayer2 #BinanceCrypto #CryptoMarketMoves #zkRollup
Crypto fam, buckle up because Scroll ($SCR) is officially launching on Binance TODAY! This Layer-2 scaling solution is set to make Ethereum faster and cheaper with its zk-rollup technology. If you're not in yet, now’s the time to join the action! Here’s why everyone’s talking about $SCR:
💡 Key Benefits:
1. Lower Gas Fees: Say goodbye to high Ethereum gas fees!
2. Faster Transactions: No more waiting—$SCR processes transactions quicker.
3. Seamless Compatibility: Fully compatible with Ethereum, making it easy for developers and users alike.
💰 Price Predictions: Experts suggest $SCR could start between $1.5 and $3.0 on launch, with potential to hit $4+ due to Binance’s huge user base and the locked token supply (only 19% in circulation).
📊 Strong Backing & Ecosystem:
#1 zk-rollup chain by TVL with over $1.15B locked.
Over 63 projects live on Scroll’s network.
Raised $80M from top investors like Polychain Capital.
Will $SCR moon today, or will it take time to grow? Drop your predictions in the comments and let’s see who nails it! 🚀🌕
#SCRonBinance #ScrollLaunch #EthereumLayer2 #BinanceCrypto #CryptoMarketMoves #zkRollup
Introducing Citrea
Citrea is a zero-knowledge rollup solution that scales the Bitcoin blockchain while preserving its security properties like decentralization and censorship resistance.
Citrea aims to make Bitcoin the foundation for decentralized finance by further enhancing its capabilities.
#citrea #bitcoin #zkRollup #dyor
Citrea is a zero-knowledge rollup solution that scales the Bitcoin blockchain while preserving its security properties like decentralization and censorship resistance.
Citrea aims to make Bitcoin the foundation for decentralized finance by further enhancing its capabilities.
#citrea #bitcoin #zkRollup #dyor
AltLayer is a protocol that facilitates the launch of native and restaked rollups with both optimistic and ZK rollup stacks.
It offers a framework called Restaked Rollups which combines the power of different rollup stacks and EigenLayer's restaking mechanism to provide application-specific rollups with enhanced security. Its core products include VITAL, MACH and SQUAD
#ALT #Launchpool #zkRollup #AltLayer
It offers a framework called Restaked Rollups which combines the power of different rollup stacks and EigenLayer's restaking mechanism to provide application-specific rollups with enhanced security. Its core products include VITAL, MACH and SQUAD
#ALT #Launchpool #zkRollup #AltLayer
Binance has announced the 45th project on Binance Launchpool - AltLayer (ALT).
AltLayer is a decentralized protocol that facilitates the launch of native and restaked rollups with both optimistic and zk rollup stacks.
ALT will be listed ob binance on January 25, 2024 at 10:00 (UTC) and the trading will open with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs.
#alt #Launchpool #altlayer #zkRollup
AltLayer is a decentralized protocol that facilitates the launch of native and restaked rollups with both optimistic and zk rollup stacks.
ALT will be listed ob binance on January 25, 2024 at 10:00 (UTC) and the trading will open with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs.
#alt #Launchpool #altlayer #zkRollup
$ETH $
💡Simplified breakdown of different ZK-EVM types:
📍Type 1: Fully Ethereum-equivalent
- Aims to mirror Ethereum exactly, but proving transactions is time-consuming due to Ethereum's non-ZK-friendly design.
📍Type 2: Fully EVM-equivalent
- Similar to Type 1 but modifies certain structures for faster proof generation, sacrificing full Ethereum compatibility.
📍Type 2.5: EVM-equivalent with adjusted gas costs.
- Increases gas costs for complex operations to speed up proofs but might cause minor incompatibilities.
📍Type 3: Almost EVM-equivalent
- Sacrifices some features for faster proof generation, improving compatibility over time.
📍Type 4: High-level language equivalent
- Converts high-level code directly into ZK-SNARK-friendly language for very fast proofs but might lack full compatibility with existing EVM-based applications.
The goal is for ZK-EVMs to evolve towards Type 1 for perfect Ethereum compatibility, allowing various paths to scale Ethereum and ZK-rollups. Different projects are exploring these types, with potential shifts between them as they improve over time.
2024 will be an exciting year, most of the Zero-Knowledge Proofs are finished and coming to Mainnet, solving some of the problems here in Web3.
#Web3 #Layer2Chains #ZeroKnowledge #zkRollup #ETH
💡Simplified breakdown of different ZK-EVM types:
📍Type 1: Fully Ethereum-equivalent
- Aims to mirror Ethereum exactly, but proving transactions is time-consuming due to Ethereum's non-ZK-friendly design.
📍Type 2: Fully EVM-equivalent
- Similar to Type 1 but modifies certain structures for faster proof generation, sacrificing full Ethereum compatibility.
📍Type 2.5: EVM-equivalent with adjusted gas costs.
- Increases gas costs for complex operations to speed up proofs but might cause minor incompatibilities.
📍Type 3: Almost EVM-equivalent
- Sacrifices some features for faster proof generation, improving compatibility over time.
📍Type 4: High-level language equivalent
- Converts high-level code directly into ZK-SNARK-friendly language for very fast proofs but might lack full compatibility with existing EVM-based applications.
The goal is for ZK-EVMs to evolve towards Type 1 for perfect Ethereum compatibility, allowing various paths to scale Ethereum and ZK-rollups. Different projects are exploring these types, with potential shifts between them as they improve over time.
2024 will be an exciting year, most of the Zero-Knowledge Proofs are finished and coming to Mainnet, solving some of the problems here in Web3.
#Web3 #Layer2Chains #ZeroKnowledge #zkRollup #ETH
#Polygon has launched an alpha testnet for its latest zero-knowledge rollup (ZK-rollup) solution called #Miden
This development is part of Polygon's ongoing efforts to enhance #Ethereum scalability.
Miden uses cryptographic techniques to ensure data integrity without revealing underlying data, improving privacy and network efficiency. It supports functionalities like private transactions and parallel processing, aiming to significantly boost transaction throughput beyond Ethereum's current capabilities.
#zkRollup #TrendingTopic
This development is part of Polygon's ongoing efforts to enhance #Ethereum scalability.
Miden uses cryptographic techniques to ensure data integrity without revealing underlying data, improving privacy and network efficiency. It supports functionalities like private transactions and parallel processing, aiming to significantly boost transaction throughput beyond Ethereum's current capabilities.
#zkRollup #TrendingTopic
Mantra Dao token OM Pump Coming
OM can jump 0.281 to $1 ,$2
Buy OM right now as Volume increasing from 35 million to 41 million ,Pump is near
#Write2Earn #BTC #zkRollup #OM/usdt #TrendingTopic
#Crypto investment is risky ,I am not responsible for any consequences!
OM can jump 0.281 to $1 ,$2
Buy OM right now as Volume increasing from 35 million to 41 million ,Pump is near
#Write2Earn #BTC #zkRollup #OM/usdt #TrendingTopic
#Crypto investment is risky ,I am not responsible for any consequences!
$ZK sync Era is an Ethereum layer-2 (L2) rollup that leverages zero-knowledge ($ZK ) proof technology to enhance transaction efficiency on the blockchain. By executing transactions off-chain and subsequently batching them into groups, $ZK sync Era generates a cryptographic proof of validity for each batch. This proof is then submitted to the Ethereum base chain.
ZK rollups, such as ZKsync Era, differ from optimistic rollups like Arbitrum, Base, and Optimism. While optimistic rollups operate on the assumption that all L2 transactions are valid unless contested, allowing anyone to challenge a transaction within a specified dispute period, ZK rollups produce cryptographic proofs to verify the validity of transactions. This ensures that the validity proof, created through a zero-knowledge proof system, confirms the integrity of the data before submission to the L1 chain.
One notable advantage of ZK rollups is the instant transaction finality they offer, eliminating the need for the seven-day waiting period required to withdraw tokens in optimistic rollups. Despite being more expensive than optimistic rollup transactions, this instant finality makes ZK rollups highly attractive for certain applications.
Matter Labs, the corporate entity behind ZKsync Era, announced in February 2023 that the rollup is free and open source. As of June 19, 2024, ZKsync Era's total value locked (TVL) stood at over $138 million, positioning it behind other prominent Ethereum rollups such as Arbitrum ($2.97 billion), Blast ($2.09 billion), and Base ($1.62 billion), according to DefiLlama data.
ZKsync Era is the inaugural chain in the ZKsync ecosystem, with plans for more ZK rollups to be deployed using the ZK Stack, broadening the scope and potential of ZK technology in the blockchain space.
#newlistings #zkRollup #BTC☀ #NOT🔥🔥🔥 #Binancepen_spark
ZK rollups, such as ZKsync Era, differ from optimistic rollups like Arbitrum, Base, and Optimism. While optimistic rollups operate on the assumption that all L2 transactions are valid unless contested, allowing anyone to challenge a transaction within a specified dispute period, ZK rollups produce cryptographic proofs to verify the validity of transactions. This ensures that the validity proof, created through a zero-knowledge proof system, confirms the integrity of the data before submission to the L1 chain.
One notable advantage of ZK rollups is the instant transaction finality they offer, eliminating the need for the seven-day waiting period required to withdraw tokens in optimistic rollups. Despite being more expensive than optimistic rollup transactions, this instant finality makes ZK rollups highly attractive for certain applications.
Matter Labs, the corporate entity behind ZKsync Era, announced in February 2023 that the rollup is free and open source. As of June 19, 2024, ZKsync Era's total value locked (TVL) stood at over $138 million, positioning it behind other prominent Ethereum rollups such as Arbitrum ($2.97 billion), Blast ($2.09 billion), and Base ($1.62 billion), according to DefiLlama data.
ZKsync Era is the inaugural chain in the ZKsync ecosystem, with plans for more ZK rollups to be deployed using the ZK Stack, broadening the scope and potential of ZK technology in the blockchain space.
#newlistings #zkRollup #BTC☀ #NOT🔥🔥🔥 #Binancepen_spark
Zircuit, a ZK Rollup project compatible with EVM, has introduced the Build to Earn program.
The Zircuit Build to Earn program is an initiative designed to incentivize and reward developers, builders, artists, and community founders for their contributions to the Zircuit ecosystem.
#Zircuit #zkRollup #EVM #HotTrends
The Zircuit Build to Earn program is an initiative designed to incentivize and reward developers, builders, artists, and community founders for their contributions to the Zircuit ecosystem.
#Zircuit #zkRollup #EVM #HotTrends
#ZKFair is a pioneering community-driven #zkRollup platform on #PolygonCDK and #CelestiaDA , powered by #Lumoz , a ZK-RaaS provider. It uses USDC as gas token, ensuring 100% EVM compatibility, high performance, low fees, and strong security. Addressing the prevalent unfairness in existing ZK-Rollup projects profiting from user fees without rewarding users, ZKFair emphasizes community governance, fairness, and transparency. It aims to reshape the ZK-Rollup landscape by providing substantial returns to users while involving them in decision-making, marking a shift towards a fairer and more inclusive ecosystem.