Grand Cayman, CAYMAN ISLANDS, Nov. 9, 2023, Chainwire
Zircuit, a new zero-knowledge rollup backed by layer-2 research, today announced the launch of its public testnet.
Zircuit is EVM compatible, supports existing Ethereum dapps and wallets, allowing solutions to deploy with minimal changes. To celebrate this launch, Zircuit will be hosting a multi-day event during Devconnect from Monday, Nov. 13.
Over the last one and a half years, the Zircuit team has been pioneering various research initiatives such as rollup security tooling, rollup compression, and scaling cryptography. This work led to grants awarded by the Ethereum Foundation for layer-2 research.
Their upcoming testnet synthesizes the team’s research advances and new technology to create an evolved layer-2 environment for developers.
Harnessing these research advancements, Zircuit uses a hybrid approach that combines the latest zero-knowledge proofs with optimistic infrastructure. More efficient proof generation results in reduced fees and the development of new compression algorithms increases transaction speeds and saves users gas. This integration allows developers to move popular dapps directly over to Zircuit without making costly changes.
Zircuit provides a platform for developers to battle-test their dapps before launching on Ethereum mainnet. By having security at the sequencer level, the platform will block any malicious transactions while still allowing developers to see an attempt to hack. Transactions on Zircuit are cheap and setup on takes minutes making it an option for quick, low-risk solution for developers who want to experiment.
The combination of rollup and ZK technology provides a streamlined experience for end users.
Ethereum applications can deploy onto Zircuit without learning a new programming language or framework which makes it so Zircuit can easily stay up to date when popular Ethereum applications have updates.
This compatibility gives users the ability to enjoy the new features, speed, and cost benefits of these dapps without having to learn anything extra.
Dr. Jan Gorzny, head of L2 Scaling at Zircuit, said:
“Our research on rollups led us to create an layer-2 scaling solution that is breaking new ground and paving the way for a new generation of rollups. It’s taking the existing technology further and easing use for both developers and dapp users.”
Zircuit invites developers and projects from across the web3 ecosystem to participate in its testnet. Projects will receive assistance and incentives such as onboarding, readiness support, and developer workshops.
During Devconnect, Zircuit is hosting a 4-day event where attendees will have the chance to learn more about the testnet launch, engage with the team, and mingle with web3 community members.
Tickets are available at https://lu.ma/zircuitcafe.
Zircuit is a EVM-compatible zero-knowledge rollup powering web3. Backed by pioneering layer-2 research, the network’s hybrid architecture combines optimistic infrastructure with zero-knowledge proofs to give developers the best of both worlds. With cutting-edge performance and security at the sequencer level, users can explore new frontiers with faster transactions, reduced fees, and complete peace of mind.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.