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[PRESS RELEASE – Grand Cayman, CAYMAN ISLANDS, November 9th, 2023]
Zircuit, a brand new zero-knowledge rollup backed by pioneering L2 analysis, as we speak introduced the launch of its public testnet. Zircuit is totally EVM appropriate, helps present Ethereum dApps and wallets and permits any dApp on Ethereum to deploy on Zircuit with minimal adjustments. To rejoice the launch, Zircuit can be internet hosting a multi-day occasion throughout Devconnect that begins on Monday, November thirteenth.
Over the past one and a half years, the Zircuit crew has been pioneering numerous analysis initiatives akin to rollup safety tooling, rollup compression, and scaling cryptography. This work led to grants awarded by the Ethereum Basis for Layer 2 (L2) analysis. Zircuit’s upcoming testnet synthesizes the crew’s analysis advances and new expertise to create an developed L2 setting for builders.
Harnessing these analysis developments, Zircuit makes use of a hybrid strategy that mixes the newest zero-knowledge proofs with optimistic infrastructure. Extra environment friendly proof era leads to diminished charges and the event of recent compression algorithms will increase transaction speeds and saves customers fuel. This state-of-the-art integration permits builders to maneuver widespread dApps instantly over to Zircuit with out making expensive adjustments.
Zircuit offers the proper place for builders to battle-test their dApps earlier than launching on Ethereum mainnet. By having safety on the sequencer degree, Zircuit will block any malicious transactions whereas nonetheless permitting builders to see an try and hack. Transactions on Zircuit are low cost and setup on Zircuit takes minutes making it a fast, low-risk answer for builders who wish to experiment.
The distinctive mixture of rollup and ZK expertise in Zircuit offers a streamlined expertise for finish customers as properly. Ethereum functions can seamlessly deploy onto Zircuit with out studying a brand new programming language or framework which makes it so Zircuit can simply keep updated when widespread Ethereum functions have updates. This compatibility provides customers the flexibility to get pleasure from the brand new options, pace, and price advantages of those dApps with out having to be taught something additional.
“Our analysis on rollups led us to create an L2 scaling answer that’s breaking new floor and paving the best way for a brand new era of rollups. It’s taking the present expertise additional and easing use for each builders and dApp customers,” mentioned Dr. Jan Gorzny, Head of L2 Scaling at Zircuit.
Zircuit invitations builders and initiatives from throughout the web3 ecosystem to take part in its testnet. Tasks will obtain help and incentives akin to onboarding, readiness help, and developer workshops.
Throughout Devconnect, Zircuit is internet hosting a 4-day occasion the place attendees could have the possibility to be taught extra in regards to the testnet launch, interact with the Zircuit crew, and mingle with fellow members of the web3 neighborhood. Tickets can be found at https://lu.ma/zircuitcafe.
To be taught extra about Zircuit, go to zircuit.com or learn the developer docs at docs.zircuit.com.
About Zircuit
Zircuit is a totally EVM-compatible zero-knowledge rollup powering the limitless potential of web3. Backed by pioneering L2 analysis, the community’s distinctive hybrid structure combines optimistic infrastructure with zero-knowledge proofs to provide builders the perfect of each worlds. With cutting-edge efficiency and safety on the sequencer degree, customers can discover new frontiers with sooner transactions, diminished charges, and full peace of thoughts.
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