[ad_1] “We envision X Layer and other layer-2 chains as the highway infrastructure of the Web3 world, with dApps as the marketplaces and self-hosted wallets as the vehicles that take you there,” OKX Chief Marketing Officer Haider Rafique said in the press release. [ad_2] Source link
[ad_1] A prover is a key component for layer-2s, since they generate proofs that are then posted to the base layer blockchain – a crucial process in linking the networks and sharing the security. With a faster prover, processing transactions costs should be lower, which in effect then will also lower fees for users and … Read more
[ad_1] “This really is coming to play in Plonky3, which is our new proving system,” Brendan Farmer, co-founder of Polygon, said in an interview with CoinDesk. “It’s really, really simple. This just leads to much faster proofs. We expect like seven-to-10x improvement.” [ad_2] Source link
[ad_1] The zkEVM, which is capable of performing smart contract transactions within a zero-proof environment, has firmly established itself in blockchain infrastructure. Now institutional investors can tap into a proven ecosystem of Ethereum-based blockchains, with its robust security guarantees, decentralization, and transactional transparency, at a far lower cost, rapid settlement times, and with potentially unlimited … Read more