Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution. A new layer-3 (L3) prototype aimed at further solving Ethereum’s scalability issues is set to be deployed for testing as soon as Q1 2023.zkSync, a provider of zero-knowledge blockchain solutions on Oct. 10 announced it is aiming to deploy a new EVM-compatible layer-3 prototype called “Pathfinder” on testnet early next year. zkSync is a L2 Ethereum scaling protocol designed to bring down network usage costs. It....
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Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can “research and experiment with it.” Matter Labs Discusses Roadmap’s Baby Alpha Milestone and L3 Proof of Concept On Oct. 28, Shazia from the Matter Labs team announced that the Zksync developers have reached the roadmap’s Baby Alpha Milestone.....
The blockchain-focused gaming company Myria will launch its highly anticipated scaling solution as a Layer-2 protocol on the Ethereum network. The company, boasting a user base of 1.2 million, affirms that transactions will be instant and secure trades, along with zero-fee non fungible-token transactions. As a Layer-2 protocol on Ethereum, Myria will provide a comprehensive […]
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top of the Rinkeby testnet and will migrate to the Ethereum mainnet after testing is complete. Reddit Leverages Ethereum-Compatible Layer-2 Scaling Solution Arbitrum Reddit developers detailed on Thursday that the programmers are planning to leverage the Layer-2 scaling solution Arbitrum, a....
While layer-2 protocols have been focused on “scalability,” layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin. While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.” Buterin shared his thoughts in a Saturday post, providing three “visions” of what layer 3s will be used for in the future. The Ethereum co-founder said a third layer on the blockchain makes sense only if it provides a....
Once fully deployed, users will be able to make private transactions through the popular Tornado Cash mixer on the Arbitrum layer two network. Tornado Cash is about to get a scaling boost as the privacy protocol prepares for deployment on the Ethereum layer two network Arbitrum. Tornado Cash’s smart contracts are ready to roll on thArbitrum Layer 2 scaling network following contributions from the community to ensure the stability of the protocol.The Nov. 29 announcement explained that deploying on Arbitrum will “allow users to take advantage of all the benefits a Layer 2 can offer, with....