Zircuit, New ZK Rollup Backed by Pioneering L2 Research Launches Public Testnet
Crypto News

Zircuit, New ZK Rollup Backed by Pioneering L2 Research Launches Public Testnet

4m
6mo ago

Grand Cayman, CAYMAN ISLANDS, November 9th, 2023, Chainwire Zircuit, a new zero-knowledge rollup backed by pioneering L2 research, today announced the launch of its public testnet. Zircuit is fully EVM compatible, supports existing Ethereum dApps and wallets and allows any dApp o...

Zircuit, New ZK Rollup Backed by Pioneering L2 Research Launches Public Testnet

Grand Cayman, CAYMAN ISLANDS, November 9th, 2023, Chainwire

Zircuit, a new zero-knowledge rollup backed by pioneering L2 research, today announced the launch of its public testnet. Zircuit is fully EVM compatible, supports existing Ethereum dApps and wallets and allows any dApp on Ethereum to deploy on Zircuit with minimal changes. To celebrate the launch, Zircuit will be hosting a multi-day event during Devconnect that begins on Monday, November 13th.

Over the last one and a half years, the Zircuit team has been pioneering various research initiatives such as rollup security tooling, rollup compression, and scaling cryptography. This work led to grants awarded by the Ethereum Foundation for Layer 2 (L2) research. Zircuit’s upcoming testnet synthesizes the team’s research advances and new technology to create an evolved L2 environment for developers. 

Harnessing these research advancements, Zircuit uses a hybrid approach that combines the latest zero-knowledge proofs with optimistic infrastructure. More efficient proof generation results in reduced fees and the development of new compression algorithms increases transaction speeds and saves users gas. This state-of-the-art integration allows developers to move popular dApps directly over to Zircuit without making costly changes. 

Zircuit provides the perfect place for developers to battle-test their dApps before launching on Ethereum mainnet. By having security at the sequencer level, Zircuit will block any malicious transactions while still allowing developers to see an attempt to hack. Transactions on Zircuit are cheap and setup on Zircuit takes minutes making it a quick, low-risk solution for developers who want to experiment.

The unique combination of rollup and ZK technology in Zircuit provides a streamlined experience for end users as well. Ethereum applications can seamlessly deploy onto Zircuit without learning a new programming language or framework which makes it so Zircuit can easily stay up to date when popular Ethereum applications have updates. This compatibility gives users the ability to enjoy the new features, speed, and cost benefits of these dApps without having to learn anything extra. 

“Our research on rollups led us to create an L2 scaling solution that is breaking new ground and paving the way for a new generation of rollups. It’s taking the existing technology further and easing use for both developers and dApp users,” said Dr. Jan Gorzny, Head of L2 Scaling at Zircuit. 

Zircuit invites developers and projects from across the web3 ecosystem to participate in its testnet. Projects will receive assistance and incentives such as onboarding, readiness support, and developer workshops. 

During Devconnect, Zircuit is hosting a 4-day event where attendees will have the chance to learn more about the testnet launch, engage with the Zircuit team, and mingle with fellow members of the web3 community. Tickets are available at https://lu.ma/zircuitcafe.
To learn more about Zircuit, visit zircuit.com or read the developer docs at docs.zircuit.com.

About Zircuit 

Zircuit is a fully EVM-compatible zero-knowledge rollup powering the limitless potential of web3. Backed by pioneering L2 research, the network’s unique hybrid architecture combines optimistic infrastructure with zero-knowledge proofs to give developers the best of both worlds. With cutting-edge performance and security at the sequencer level, users can explore new frontiers with faster transactions, reduced fees, and complete peace of mind.
To learn more visit: zircuit.com and follow Zircuit on both Twitter/X and Discord.
Contact
PR Strategist
Jessica Graber
Zircuit
jessica@zircuit.com
0 people liked this article

Related Articles

Crypto News
Liminal Appointed By India’s CBI To Manage Seized Digital Assets
Liminal has already supported the CBI in an operation by assembling a specialized team to safely store seized assets. India’s Central Bureau of Investigation (CBI), the country’s top investigating ...
6mo ago
2m
Crypto News
SEC vs. Binance: Legal Showdown Intensifies Over Howey Test
The post SEC vs. Binance: Legal Showdown Intensifies Over Howey Test appeared first on Coinpedia Fintech News As per the latest developments, the SEC has opposed Binance’s motion to dismiss the law...
6mo ago
2m
Crypto News
Toncoin’s (TON) price surges by over 19% after Telegram launches giveaway
Toncoin (TON), the native crypto of the popular messaging app Telegram, has surged in recent days, reaching a nearly year-long high. The price increase has been attributed to a number of factors, i...
6mo ago
2m
Crypto News
Dogecoin (DOGE) Under Scrutiny As Investors Anticipate Market Shift
The cryptocurrency market is abuzz, sailing past the one trillion dollar mark with an aura of optimism as it charts a course through the capricious waves of investor sentiment.
6mo ago
5m
Crypto News
Grayscale inches closer to spot Bitcoin ETF with ‘constructive’ SEC dialogue
Grayscale CEO Michael Sonnenshein provided an update on his company’s proposed spot Bitcoin ETF in conversation with Bloomberg on Nov. 8. Grayscale intends to convert its existing Grayscale BTC (GB...
6mo ago
2m
Crypto News
Cause of ApeFest Atendees’ “Extreme Pain” Identified: Yuga Labs
Yuga Labs, the digital assets company behind last week’s ApeFest event in Hong Kong, has addressed complaints of eye and skin ailments reported by attendees. Around 15 participants of Yuga Labs’ ev...
6mo ago
2m