Tag: Zero-Knowledge Rollups: Scalable

Zero-knowledge rollups, or zk rollups, have emerged as a leading Layer-2 scaling solution for Ethereum, promising increased transaction throughput and reduced gas fees without compromising security. This innovative technology leverages zero-knowledge proofs to bundle multiple transactions into a single batch, processing them off-chain before submitting a concise proof of validity to the main Ethereum network. This blog post dives deep into the world of zk rollups, exploring their workings, benefits, challenges, and the exciting future they hold. Understanding Layer-2 Scaling Solutions The Need for Scaling Ethereum, while being a groundbreaking blockchain platform, faces limitations in transaction throughput. The main chain can only process a limited number of transactions per second (TPS),...