Most important points:
- ZKsync has launched Elastic Chain, a network of ZK rollups designed for security and interoperability.
- The ZKsync 3.0 protocol upgrade introduces shared routing contracts to improve capital efficiency and simplify asset movement.
- The ZKsync Elastic Chain uses recursive ZK proofs for scalability, with more than 20 new ZK chains expected to join by 2024.
ZKsync today unveiled the launch of Elastic Chain, a network of ZK rollups designed for maximum security and seamless interoperability, providing users with a unified and intuitive experience.
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ZKsync Elastic Chain Launched for Enhanced Blockchain Interoperability
The introduction of the ZKsync Elastic Chain (ZKsync 3.0 protocol upgrade) marks a major milestone, expanding ZK Chains’ network through shared routing contracts. The upgrade aims to address current user experience and capital efficiency challenges within the multi-chain environment.
The ZKsync 3.0 upgrade, released on June 7, 2024, reconfigures the ZKsync L1 bridge into a shared router contract, laying the foundation for a comprehensive network of interoperable ZK Chains. The flagship ZKsync Era will soon be joined by more than 20 new ZK Chains, scheduled to launch in 2024. Elastic Chain uses recursive ZK proofs, enabling infinite parallelism and fast verification, making it a highly scalable blockchain network .
Scaling blockchain with recursive ZK proofs
The shift is part of the ecosystem’s broader strategy to improve security and efficiency when moving assets across different Layer 1 and Layer 2 blockchains. Unlike traditional cross-chain bridges, Elastic Chain creates an ecosystem of interconnected autonomous chains, streamlining asset transfers and reducing friction.
The announcement follows ZKsync’s recent roadmap update and marks a departure from the previous single Ethereum L2 lineup to embrace the ZKsync Elastic Chain architecture. It positions ZKsync as one of the best scaling solutions aimed at advancing interconnected Layer 2 networks, leveraging shared infrastructure for improved scalability and functionality.