Ethereum Layer-3 Scaling Coming – KoinFinans

Ethereum scaling solution zkSync developer Matter Labs has announced that it is working on a Tier 3 chain called Opportunity.

Tier 3 solution As can be seen, it is currently in the first phase of development. zkSync is intended to further improve the scalability of the ‘blockchain’ infrastructure.

Opportunity will run as an additional off-chain compute layer on zkSync’s Layer 2 mainnet. Layer 3, built on top of ZkSync, Ethereum scalabilityaims to increase In addition, it will help reduce gas costs.

In the Matter Labs statement: “ZkSync’s EMV-compliant Layer 3 proof-of-concept “Opportunity.” The solution is planned to be implemented in the first quarter of 2023. According to the firm, this solution will offer Ethereum a 10X instant opportunity.

Matter Labs ultimately wants to release a proof of concept for Tier 3 in the first quarter of 2023. This came as Matter Labs launched the first phase of zkSync 2.0 called “baby alpha”, an Ethereum Virtual Machine (EVM) compatible ZK-Aggregation (zero knowledge).

Indeed, the zkSync developers are not the first team to consider launching Tier 3. Last year, StarkWare shared the concept of multiple Tier 3s, each dedicated to various use cases. Accordingly, StarkWare detailed its roadmap for the ecosystem.

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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.

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