Cointime

Download App
iOS & Android

ConsenSys Announces Public Testing of ZK-Rollup Network Compatible With Ethereum

Blockchain development firm ConsenSys will begin a public test of a zkEVM rollup network compatible with Ethereum on Mar. 28.

The zero-knowledge, or ZK-Rollup, network performs off-chain computations on a secondary layer for faster and cheaper transactions while prioritizing Ethereum's security; a private beta phase was successfully completed, having processed over 490,000 transactions from various decentralized apps, ConsenSys said.

One of the key features of the zkEVM rollup is its functionality with Ethereum Virtual Machine, which enables easy migration of existing dApps to the Layer 2 network. Developers can onboard apps from Ethereum, and use them on the zkEVM network without making significant changes, the firm noted.

Comments

All Comments

Recommended for you