[PRESS RELEASE – Grand Cayman, CAYMAN ISLANDS, November 9th, 2023]
Zircuit, a new zero-knowledge rollup backed by pioneering L2 research, has announced the launch of its public testnet. Zircuit is fully EVM compatible and supports existing Ethereum dApps and wallets, allowing any dApp on Ethereum to deploy on Zircuit with minimal changes. To celebrate the launch, Zircuit will be hosting a multi-day event during Devconnect that begins on Monday, November 13th.
Zircuit’s Research Initiatives
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 (L2) research. Zircuit’s upcoming testnet synthesizes the team’s research advances and new technology to create an evolved L2 environment for developers.
ZK Technology and Optimistic Infrastructure
Harnessing these research advancements, Zircuit uses a hybrid approach that combines zero-knowledge proofs with optimistic infrastructure. More efficient proof generation results in reduced fees and new compression algorithms increase transaction speeds and save users gas. This state-of-the-art integration allows developers to move popular dApps directly over to Zircuit without making costly changes.
Testing and User Benefits
Zircuit provides developers with a platform to test their dApps before launching them on Ethereum mainnet. With security at the sequencer level, Zircuit blocks any malicious transactions while still allowing developers to detect hacking attempts. Transactions on Zircuit are affordable and setup takes minutes, making it a quick, low-risk solution for developers who want to experiment. The unique combination of rollup and ZK technology in Zircuit provides a streamlined experience for end users as well.
“Our research on rollups led us to create an L2 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,” said Dr. Jan Gorzny, Head of L2 Scaling at Zircuit.
Devconnect Event
Zircuit invites developers and projects from across the web3 ecosystem to participate in its testnet. 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 Zircuit team, and mingle with fellow members of the web3 community.
Learn More About Zircuit
To learn more about Zircuit or read the developer docs visit zircuit.com or docs.zircuit.com.
About Zircuit
Zircuit is a fully EVM-compatible zero-knowledge rollup powering the limitless potential of web3. Backed by pioneering L2 research, the network’s unique hybrid architecture combines optimistic infrastructure with zero-knowledge proofs to give developers cutting-edge performance and security at the sequencer level.
Hot Take: A New Era of Rollups Unveiled by Zircuit
The launch of Zircuit’s public testnet marks a significant advancement in Layer 2 (L2) research that promises faster transactions, reduced fees, enhanced security against malicious activities while providing both developers and end-users with a seamless experience. The future looks bright for Ethereum applications migrating onto this innovative platform powered by zero-knowledge technology.
By
By
By
By