zkLink launches L3 network Nexus, which can connect to common ZK Rollup solutions such as zkSync and Starknet
On November 16th, zkLink, a multi-chain transaction infrastructure based on zero-knowledge proof, launched the Layer3 network Nexus, which aims to connect various general zero-knowledge (ZK) Ethereum Rollup solutions, including zkSync, Starknet, and Polygon zkEVM. Nexus will only choose one of the Layer2 networks to perform the zk-SNARK verification process, which is lower in cost compared to directly performing verification on the Ethereum mainnet. This allows tokens to be easily transferred between one zkLink Rollup and another, and DeFi applications (including DEX and NFT markets) will be able to minimize liquidity fragmentation when sending transactions between different blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Suspension of LUNA Network Withdrawal Services
Bitget has suspended the withdrawal functions of all tokens under the LUNA network from September 9 (UTC) until a later date. Please note that trading will not be affected during the downtime. When withdrawal of LUNA network can be resumed, we will notify our global users in a separate announcement
Toncoin (TON) Price Faces Potential Drop Below $5: Here’s Why
Massive Regulation Overhaul: Russia’s Crypto Exchanges to Face Unprecedented Scrutiny!
Crypto in the Polls: Which Presidential Candidate Wins the Blockchain Vote?
Trending news
MoreCrypto prices
More
