EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain

Autor:	PR Newswire
Zdroj:	PR Newswire US. 07/01/2021.
Abstrakt:	LONDON, July 1, 2021 /PRNewswire/ -- EY today released a new set of tools for privately managing transactions on the Ethereum blockchain. The project, known as Nightfall 3, combines zero-knowledge proofs (ZK or ZKP) with a new model for handling transaction verification to increase efficiency and reduce transaction costs known as an optimistic rollup. The combined protocol is known as a ZK-Optimistic Rollup. [ABSTRACT FROM PUBLISHER]
Databáze:	Regional Business News
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