Zero-Knowledge Rollup Zircuit Launches Public Testnet
Zircuit, a new zero-knowledge rollup that is fully compatible with the Ethereum Virtual Machine (EVM), has announced the launch of its public testnet. It will also be hosting a multi-day event during Devconnect to celebrate the launch.
Groundbreaking Research
The Zircuit team has been conducting research in various areas such as rollup security tooling, roll-up compression, and scaling cryptography for the last one and a half years. This work has led to grants awarded by the Ethereum Foundation for Layer 2 (L2) research.
Hybrid Approach and Advantages
Zircuit uses a hybrid approach that combines zero-knowledge proofs with optimistic infrastructure. This approach results in more efficient proof generation, reduced fees, and increased transaction speeds. It allows developers to move popular dApps directly over to Zircuit without making costly changes.
Security and User Experience
Zircuit provides a safe environment for developers to test their dApps before launching on Ethereum mainnet. It offers cheaper transactions and quick setup, making it a low-risk solution for developers who want to experiment. The unique combination of rollup and ZK technology also provides a streamlined experience for end users.
Hot Take: Empowering Web3 Developers
Zircuit is inviting developers and projects from across the web3 ecosystem to participate in its testnet. During Devconnect, it will host a 4-day event where attendees can learn more about the testnet launch, engage with the Zircuit team, and connect with other members of the web3 community. Tickets are available at https://lu.ma/zircuitcafe.