ConsenSys launches Linea zkEVM to further scale Ethereum

    ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate decentralized…

    Starknet’s Quantum Leap hits testnet with TPS reaching ‘triple figures’

    Starknet’s latest upgrade will scale the zk-Rollup’s throughput by 50x or more, but capacity is very different from real-world usage. Starknet’s Quantum Leap upgrade has been deployed on a testnet, with the Ethereum layer-2 scaling protocol claiming it’s capable of processing “hundreds of transactions per second.” If achieved, it would be at least a 50x…

    zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year

    zkSync Era’s new ZK Stack will use recursive scaling and “hyperchains” to create an ecosystem of interoperable protocols and sovereign chains. Ethereum zero-knowledge proof scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK Stack. It’s a modular framework for a series of ZK-powered custom blockchains called Hyperchains, which will operate as…

    Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security

    Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low. Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new version will rely on zero-knowledge proofs to increase security. HUGE…

    Gaming is the ‘largest scale opportunity’ for crypto: Polygon co-founder

    Polygon co-founder Sandeep Nailwal says that speculation has been both the “boon and bane of crypto,” but genuine use cases will eventually rise to the surface. Sandeep Nailwal, the co-founder of the Ethereum scaling platform Polygon, believes Web3 gaming will eventually become one of the biggest drivers of mass crypto adoption. In a May 25…

    Optimism’s major mainnet upgrade to Bedrock set for June 6

    The much needed upgrade will provide a number of improvements across the network, and come at a time when competition in the Layer 2 space has been heating up. Layer 2 scaling solution Optimism is set to undergo its highly anticipated Bedrock upgrade on June 6. The move is expected to result in significantly reduced…