zkLink launches L3 network Nexus, which can connect to common ZK Rollup solutions such as zkSync and Starknet
On November 16th, zkLink, a multi-chain transaction infrastructure based on zero-knowledge proof, launched the Layer3 network Nexus, which aims to connect various general zero-knowledge (ZK) Ethereum Rollup solutions, including zkSync, Starknet, and Polygon zkEVM. Nexus will only choose one of the Layer2 networks to perform the zk-SNARK verification process, which is lower in cost compared to directly performing verification on the Ethereum mainnet. This allows tokens to be easily transferred between one zkLink Rollup and another, and DeFi applications (including DEX and NFT markets) will be able to minimize liquidity fragmentation when sending transactions between different blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysts Are Both Bullish and Extremely Cautious on This Altcoin: FOMO Warning
Anticipated Big Airdrop is Finally Coming – Developers Announce Details and Who Will Receive Tokens
A statement regarding the details of the new altcoin airdrop, which the cryptocurrency market has been eagerly awaiting for a long time, came from the developers.
The Daily: JPMorgan says Tether may sell bitcoin under new US stablecoin rules, Paolo Ardoino calls analysts 'salty' and more
JPMorgan analysts estimate that only 66% to 83% of Tether’s reserves meet proposed U.S. stablecoin regulations, requiring potential restructuring.Tether CEO Paolo Ardoino dismissed the JPMorgan analysts’ concerns, saying their assessment discounts the company’s $20 billion group equity.Momentum for a Federal Reserve audit is building, driven by growing social media support for long-time central bank critic Ron Paul to spearhead the effort and even be considered for the role of Chair.
![](https://img.bgstatic.com/multiLang/image/social/b6f6c09981fcadb9a8808de029cbf4431739475879159.jpg)
Hacker Hijacks Witkoff’s X Account to Promote Fake Trump Token
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)