• ConsenSys is set to begin public testing of its zkEVM rollup network on March 28, 2023.
• The network offers scalability solutions by performing off-chain computations on a secondary layer.
• The testnet consists of features and integrations designed to improve security, expedite onboarding times, and remove developer complexity.
ConsenSys To Begin Public Testing Of zkEVM Rollup Network
ConsenSys has announced that it is set to begin the public testing of its upcoming zero-knowledge Ethereum Virtual Machine (zkEVM) on a public testnet. Scheduled to commence on March 28th, this will clear the path for an eventual mainnet merger sometime in 2023. The private beta phase saw the network process over 490,000 transactions from a number of decentralized applications.
Benefits Of zkEVM Rollup
The zk-rollup network offers scalability solutions by performing off-chain computations on a secondary layer, resulting in faster and cheaper transactions and prioritizing the Ethereum network’s overall security. It also features zero switching costs which could be beneficial to projects in the ecosystem; developers can quickly build on the zkEVM or migrate existing dApps without rewriting smart contracts or changing code. Gas fees are charged in ETH, removing the need for third-party code translation.
Integrations With Popular Ethereum Tools
The rollup will feature a number of integrations with popular Ethereum tools such as RPC Service Infura, Truffle, and MetaMask wallet. This integration will expedite onboarding times while Infura integration will allow developers to ship decentralized applications at scale with ease.
Collaborative Effort Behind The Rollup
The ConsenSys zkEVM is a result of work by teams from MetaMask, Infura, Truffle and developers on Gnark and Besu who worked together in order to create this layer-2 scaling solution. It offers fast finality, high throughput as well as security of Ethereum settlement thanks to its ability to perform off-chain computations efficiently.