- Although this Elastic Chain is made up of several chains from the ZKsync ecosystem, consumers will only perceive it as one chain.
ZKsync’s primary development company, Matter Labs, has unveiled a new roadmap, ZKsync 3.0, with the goal of strengthening the ecosystem’s interconnection. Among other things, the plan includes a new Elastic Chain that bears some resemblance to rival Polygon’s AggLayer, which was announced earlier this year.
Fundamental to ZKsync “3.0” is the v24 update, which was made available on June 7. According to a blog post shared with CoinDesk by the Matter Labs team, this upgrade “transforms ZKsync from a single ZK chain into an Elastic Chain.”
The team claims that even if this Elastic Chain is made up of several chains from the ZKsync ecosystem, consumers will only perceive it as a single chain.
ZK Stack, a toolbox that lets users create their own blockchain using ZKsync’s technology, was released by Matter Labs last year. In essence, the Elastic Chain would link each of these customized chains.
The Elastic Chain is a network of ZK chains (rollups, validiums, and volitions) that can be expanded forever, is mathematically protected, and functions fluidly under a consistent, user-friendly interface. Written by Matter Labs.
The idea is a part of a recent blockchain movement that aims to improve user interoperability across various ecosystems. The AggLayer, an idea that Matter Labs’ rival Polygon unveiled in January, is comparable.
Matter Labs states that the new Elastic Chain will consist of three main parts.
The Native Token Vault and Shared Router, which form the network’s central hub, make up the initial component.
These parts, which the team implemented as a set of Ethereum smart contracts, are in charge of chain registrations and network state management.
The second element is their ZK Gateway, a middleware that enables communication across the many chains in the ZK sync ecosystem by connecting the Ethereum blockchain to ZKsync’s ZK chains.
These essential elements work together to guarantee that ZK chains can communicate and transact with one another effectively, inheriting Ethereum’s security and creating a network that can grow horizontally without sacrificing the essential characteristics that make public blockchains so potent. Written by Matter Labs.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
