ZK is the endgame for unlimited scaling in Web3
ZK is the endgame for unlimited scaling in Web3
ZK technology enables unlimited scaling in Web3 without compromising decentralization. The endgame is thousands of permissionless hyperchains with thousands of transactions per second (TPS), with ZK proofs aggregated into one for each block. Ethereum will serve as the most decentralized settlement layer. Each transaction will be verified by every user in under 1 second. UX and liquidity fragmentation will be addressed, allowing seamless transactions between chains and free flow of liquidity. This vision will become reality on Ethereum in 2024.
1k TPS is a drop in the ocean of the world's demand for Web3. The Internet can't run on a single server. The Internet of Value can't run on a single monolithic blockchain, no matter how fast and willing to sacrifice decentralization. The endgame is ZK singularity: ⧫
Say what you want about SOL hitting its scaling limits today At least SOL is trying, as ETH gave up on scaling a long time ago SOL is clocking in over 1k TPS of real usage every day! While ETH has remained stuck on 100 TPS for three years, they have no ground left to stand on!
ZK is the endgame Every single chain that needs scale will upgrade to being validity proven, or be obsoleted It's a straight up >1,000x improvement in performance, cost, efficiency & composability - 0 compromise Anyone still FUDing are like horsemen FUDing automobiles in 1900
Chainlink and zkSync Leaders Discuss Real-World Asset Integration
**Key highlights from recent interviews on Real-World Assets (RWAs):** - @Ozhar details how @chainlink and @zksync are collaborating to bring real-world assets onchain in a new [Chainlink Today interview](https://youtu.be/gyjp4KanVfk) - @SergeyNazarov outlines three critical requirements for RWA integration on [Real Vision](https://youtu.be/Zp7pHetQYvc), positioning Chainlink as a key infrastructure provider The interviews explore opportunities and challenges in RWA adoption, highlighting the technical solutions being developed to bridge traditional assets with blockchain technology. *Learn more about the future of RWAs in these in-depth discussions with industry leaders.*
ZKSync Bridge Interface Gets Major Update
ZKSync has launched a significant update to their bridge interface at zksync.io/era#bridges. The refresh includes: - Improved navigation with dedicated Onramp and zkBridge subpages - Streamlined UI for better user experience - Enhanced bridge functionality The update represents ongoing development efforts to make Layer 2 solutions more accessible to users. This follows ZKSync's commitment to improving cross-chain infrastructure. *Visit [zksync.io/era#bridges](http://zksync.io/era#bridges) to explore the new interface.*
Blockdaemon Now Offering Enterprise Node Management for zkSync Chain
Blockdaemon has launched enterprise-grade infrastructure management services for zkSync Chain nodes, marking a significant development in institutional blockchain adoption. Key points: - Institutions can now outsource node management to Blockdaemon - Focus shifts from infrastructure maintenance to product development - Integration follows Fireblocks' recent zkSync deployment support This development aligns with growing enterprise demand for ZK rollup security and simplified blockchain infrastructure management.
ZKsync Launches Prividium: Enterprise Blockchain Platform
ZKsync has launched Prividium, an enterprise-grade blockchain platform designed for institutional finance. The platform offers: - Private, permissioned infrastructure anchored to Ethereum - Pre-packaged deployment with access controls and private block explorer - Support for global payroll, collateral mobility, and cross-border payments - Tokenized asset issuance capabilities **Deutsche Bank** has partnered with Memento Blockchain to develop an onchain fund management solution using Prividium. The platform leverages Validium technology, combining off-chain data with ZK proofs on Ethereum to ensure: - Data privacy and compliance - Reduced gas fees - High throughput - Flexible storage options Learn more at [ZKsync Enterprise](https://www.zksync.io/enterprise/prividium)
Elastic Network Growth Update
The Elastic Network continues to show strong growth momentum according to recent analysis by @TheZKnomist. The network's expansion signals increasing adoption of zkSync's Layer 2 scaling solution. Key developments: - Sustained network growth observed - Multiple expansion signals noted - Further developments anticipated *Note: More detailed announcements expected in the near future*