ZKsync Pronounces ZK Chain's “Elastic Chain” Community

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  • Final month, ZKsync launched an improve that permits it to transform its Ethereum bridge right into a shared router to assist a community of interoperable ZK Chains.
  • In 2024, 20 extra chains are anticipated to hitch the Elastic Chain ecosystem.

With the June 2024 improve, ZKsync launched multi-chain assist, permitting different chains constructed on the ZK stack to take part in an ecosystem of interconnected chains. The upgraded protocol (ZKsync 3.0) enhances Elastic Chain to assist low-cost interoperability and facilitate unified liquidity throughout a number of chains.

This growth is one in every of a number of latest efforts by varied layer-2 networks to create interoperable layer-2 networks on high of the underlying Ethereum community.

Optimism is a well-liked instance of one other layer 2 chain that’s evolving right into a community of chains constructed utilizing its tech stack. Polygon, one other layer 2 evolving right into a multi-chain ecosystem, launched Agglayer in January, which permits builders to attach any layer 1 or 2 chain to Polygon's rising community of interoperable chains.

Elastic Chain is an ecosystem of autonomous chains interconnected on the protocol degree, enabling frictionless native asset transfers. Regardless of being composed of a number of chains, the ecosystem behaves like a single chain.

ZKsync is the primary to develop an interoperable layer for blockchains utilizing zero-knowledge proofs.

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