ZkSync Reveals Details About Layer 3 Technology And It Believes It Leads To Wider Adoption Of Crypto

ZkSync has revealed details of what it believes will unlock “10x moments” of crypto ahead of the Layer 2 mainnet launch, highlighting the new layer 3 technology.

ZkSync’s head of product, Steve Wilhelm, said in an interview with The Block that there are many similarities between the early days of the Internet and what the blockchain industry is today.

In 1995 the average internet speed was about 10kB and fewer than 30,000 websites, but in just 10 years those speeds have increased dramatically. And the number of websites exceeds 6 billion, with improvements in areas such as speed, cost to build, ease of creation, and trust.

ZkSync’s Layer 2 core network will be released on Oct. 28. At launch, the Layer 2 solution is expected to increase transactions per second (TPS) by approximately 10-20 times compared to Ethereum, and allow developers. Zero knowledge-based applications can be created using Solidity language. This eliminates the difficulty of learning the original ZK language to create applications.

“Layer 2 is the blockchain that suits them as it scales Ethereum anywhere from 10 to 100x and when you get into Layer 3 I would say it will be 10x moments of crypto,” Wilhelm said in a statement. The Scoop

Layer 3 can greatly increase TPS and unlock the latest implementations for blockchain technology. through application customization

At the Layer 3 level, developers can choose the information they need for security and privacy, greatly increasing TPS. It allows developers to customize the chain to meet the needs of the project.

ZKSync’s solution is more aimed at addressing bridge hacking, which is a key issue that has continued to plague the industry. $1.4 billion

“I want to see the day we open our browsers. And instead of seeing the lock icon at the top left… We will see the Ethereum icon – that’s what happened because of Layer 3,” Wilhem said.

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