zkLink Nova Launches Mainnet, First ZK Stack-Based Aggregation Layer 3 Rollup Built on zkSync
Posted: March 11, 2024 11:33 AM Updated: March 11, 2024 11:33 AM
Singapore, Singapore, March 12, 2024, Chainwire
In an unprecedented leap forward for the blockchain industry, zkLink is proud to announce the public mainnet launch of zkLink Nova, the industry’s first Aggregated Layer 3 zkEVM rollup network based on zkSync’s ZK Stack and zkLink Nova. zkLink Nova integrates liquidity and assets from Ethereum and Layer 2 Rollup into one interoperable platform, providing developers with the deployment of zkEVM-compatible decentralized applications (dApps) via the ZK Stack Hyperchain.
As an integrated layer 3 rollup, zkLink Nova addresses three key obstacles that have limited scaling across the Ethereum ecosystem: liquidity fragmentation in layer 2 blockchains, complexities associated with developing multi-chain dApps, and poor user experience due to asset isolation. Deliver applications across the chain.
Layer 2 Ecosystem Collaboration
The cornerstone of the zkLink Nova mainnet is comprehensive integration with key Layer 2s, including Arbitrum, Linea, Manta, Mantle and zkSync. zkLink Nova acts as a connectivity layer between layer 2 rollups, improving liquidity and asset transfers across the Ethereum ecosystem.
“By leveraging the strengths of zkSync’s ZK Stack and Linea’s ZK proof verification capabilities, Nova is stack agnostic and can connect to any ZK and OP Layer 2,” said Vince Yang, CEO and co-founder of zkLink. “This represents an important milestone for both zkLink and the wider Ethereum ecosystem as DApps will have wider liquidity and access to more users, potentially opening up exciting new use cases for existing L2 assets.”
The integration of Layer 2 and zkLink Nova highlights our shared vision for a more integrated and efficient blockchain ecosystem. zkLink Nova’s role in pioneering the concept of Aggregated Layer 3 is the answer to Layer 2’s pressing need for more interconnectivity between ecosystems. The universal architecture of zkLink Nova Aggregated Layer 3 allows developers to easily build, deploy, and scale dApps using Solidity smart contracts, saving time and resources.
Securing the future of blockchain with ZK proof
Nova’s Aggregated Layer 3 environment eliminates bridges and gas fees, reducing security risks and improving user experience. By leveraging ZK proof in its architecture, all transactions on Nova are verified before being processed, providing zkLink Nova mainnet Ethereum-grade security.
“The Nova Aggregated Layer 3 mainnet leverages Linea as the primary rollup for ZK proof verification via zkLink’s Nexus payment layer technology. Secure, EVM-equivalent, and cost-effective, Nova leverages Linea’s ZK-Rollup for faster multi-chain state synchronization and hard finality settled on the Ethereum network,” said Declan Fox, Head of Product at Linea.
For DApp users, zkLink Nova removes complexity and simplifies asset transfers across Ethereum and Layer 2 while keeping transactions secure. DApp users can deposit Ethereum or integration layer 2 assets directly into zkLink Nova’s integrated platform to seamlessly trade or interact with the dApp ecosystem, significantly improving the user experience for everyone.
The mainnet launch of zkLink Nova is the first of its kind to address Ethereum’s liquidity fragmentation problem while simplifying multi-chain complexity. By integrating key Ethereum Layer 2 together, zkLink Nova is at the forefront of advancing blockchains of value, enabling a unified, interoperable roll-up ecosystem that delivers greater capital efficiency for all users.
Introduction to zkLink
Dedicated to unifying liquidity and expanding the Ethereum ecosystem, zkLink is pioneering an aggregate roll-up solution that bridges ecosystem silos within the blockchain space. By promoting a more interconnected, efficient and accessible digital asset environment, zkLink is driving the vision of a borderless, integrated and decentralized blockchain ecosystem.
About zkLink Nova
zkLink Nova is a pioneering aggregation layer 3 rollup zkEVM network that provides unprecedented liquidity and asset aggregation to Ethereum and layer 2 rollups. Built with the ZK Stack and zkLink Nexus, it leverages ZK proofs to enhance scalability and security. Developers leverage an open platform to deploy Solidity smart contracts and immediately leverage integrated networks such as Arbitrum and zkSync. Nova simplifies DeFi by presenting an integrated ecosystem for users and DApps and facilitating a seamless blockchain experience.
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Chainwire is a leading blockchain and cryptocurrency news provider distributing press releases and maximizing cryptocurrency news coverage.