ConsenSys To Begin Public Test Of Ethereum-Compatible zk-Rollup

ConsenSys To Begin Public Test Of Ethereum-Compatible zk-Rollup
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Consensys has announced that it is ready to start a public trial of its network rollup zkevm. Public testing is expected to begin on March 28, 2023, and will pave the way for a possible mainline fusion in 2023. 

The announcement has been made after that the company has finished a private beta phase of own network zkevm. 

Public Test Set To Begin 

Blockchain development firm 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. Testing is scheduled to begin on March 28 and will allow the team to test the Layer 2 ladder solution. The zk-rollup network offers scalability solutions by performing off-line calculations on a secondary layer, which results in faster and less expensive transactions and the priority given to the overall security of the ethereum network. 

Consensys successfully completed the rollup's private beta phase, which saw the network process more than 490,000 transactions from several decentralised applications. Testnet has allowed robustness developers to build, test and launch decentralised applications and test zkevm on a scale. 

'The integration for our zkevm is in full flux, and the business is at state-of-the-art levels. We've completed 300,000 transactions in total and we process over 50,000 transactions a day."

A Collaborative Effort 

The ConsenSys zkEVM is the result of the culmination of work by a host of teams from MetaMask, Infura, and Truffle and developers on Gnark and Besu. Bundling includes features and integrations designed to enhance security, accelerate integration times and eliminate developer complexity. 

'Our zkEVM is a highlight of several years of research by ConsenSys R.

ConsenSys' announcement highlighted a number of benefits, such as the absence of switching costs, that could benefit projects in the ecosystem. Developers can quickly build on the zkevm or migrate existing dapps without rewriting intelligent contracts or modifying the code. In addition, gasoline charges are charged, eliminating the need for code translation by a third party. 

Built-In Integrations 

The rollup will also include a number of integrations with popular Ethereum tools, including RPC Service Infura, Truffle, and the METAMASK portfolio. Metamask integration will accelerate user integration, while infura integration will allow developers to ship decentralized apps to scale. In addition, the truffle will allow developers to build, test, debug and deploy intelligent strength agreements with layer 2 developer environments. 

Zkevm will be open-source once launched as well. According to the head of consequence-oriented research and development, nicolas liochon, The public beta test will enable the team to test the system under the same conditions as the main network. 

Users and developers will be able to interact without authorization with our technological stack, which will enable us to put the system to the test in difficult and conflicting conditions.”

Highly Competitive Landscape 

zkEVM technology is the next significant step in Layer-2 solutions. However, most of the solutions have yet to be tested. Although more evolutive than existing solutions such as arbitrum and optimism, zk layer-2 solutions are retained because of a lack of compatibility with ethereum. Several teams are competing to devise a solution to the issue, including teams from zkSync, Starknet, and Polygon

The results will be tested in the near future, polygone will release their zkevm in beta on ethereum's main network on March 27th, 1 day prior to the launch of the consensys public test. Zksync has also put in place a main alpha network to integrate certain applications.