With the debut of zkLink Nova mainnet, zkLink connects with five key blockchains to improve cross-chain functionality.

zkLink has introduced zkLink Nova, a Layer 3 Ethereum Virtual Machine (EVM) rollup network that combines Layer 3 features with zero-knowledge technology from zkSync’s ZK Stack and the zkLink Nexus. zkLink The main highlight of zkLink Nova is its collaboration with Layer 2 scaling solutions like Arbitrum, Linea, Manta, Mantle, and zkSync. This integration acts as a vital connector, boosting liquidity and facilitating smoother asset moves between networks.

By leveraging zkSync's ZK Stack and the verification prowess of Linea's ZK Proof system, Nova stands as a versatile platform that can effortlessly link with any ZK or Optimistic Layer 2 solution. This is seen as a significant leap forward for zkLink and the wider Ethereum landscape, providing decentralized applications with greater liquidity access and user interaction opportunities, paving the way for inventive applications of their Layer 2 resources. Ethereum ecosystem.

The aggregated Layer 3 design of zkLink Nova aims to bolster connections across Layer 2 networks, while its framework allows developers to create, launch, and expand decentralized applications using Solidity smart contracts, offering an efficient path that conserves both time and resources. Additionally, the removal of bridges and gas expenses in the zkLink Nova framework will lessen security threats and enhance user satisfaction. Vince Yang , CEO and co-founder of zkLink.

Utilizing zero-knowledge proofs, the underlying structure of the network promises a level of security that aligns with Ethereum's strict standards.

According to Declan Fox, Product Lead at Linea, 'The Nova Aggregated Layer 3 mainnet employs Linea as the primary rollup for ZK proof validation, through zkLink’s Nexus settlement layer technology. It's dependable, EVM-compatible, and economical, utilizing Linea’s ZK-Rollup for swifter multi-chain state synchronization and firm finality on the Ethereum network.'

For users of decentralized applications, zkLink Nova simplifies the process of transferring assets throughout Ethereum and Layer 2 solutions, ensuring both efficiency and security during transactions. Users can effortlessly deposit their assets from any integrated Layer 2 network right into zkLink Nova's unified platform, promoting streamlined interactions within the ecosystem of decentralized applications.

The zkLink team is working on solutions that aggregate rollups with the goal of uniting disparate segments of the blockchain landscape. They've recently unveiled zkLink Nova. Ethereum In a recent move, zkLink has launched a funding initiative for developers, committing 2% of its total ZKL token supply to foster innovation. The application process for the inaugural phase is open from March 11 to June 11, 2024, and successful participants will be notified by June 15, with results shared publicly at each quarter’s conclusion.

zkLink Promotes Innovation

zkLink With the introduction of zkLink Nova's mainnet, the platform intends to tackle the fragmentation of liquidity on Ethereum and streamline the complexities involved in multi-chain operations. By integrating various Layer 2 scaling solutions, this new network is positioning itself as a front-runner in creating a cohesive and interoperable rollup ecosystem.

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Alisa, a passionate journalist at Cryptocurrencylistings, concentrates on areas like cryptocurrency, zero-knowledge proofs, investments, and the vast Web3 universe. Her insightful perspective on rising trends and technological advancements ensures that readers remain informed and engaged in the rapidly shifting digital finance landscape.