• ConsenSys has announced the public testing of its zkEVM rollup network.
• The testing will start on the 28th of March and could lead to a mainnet merge sometime in 2023.
• The zk-rollup provides scalability solutions, faster transactions, and improved security for Ethereum.
ConsenSys To Begin Public Testing Of zkEVM Rollup Network
ConsenSys has announced that it is set to begin a public test of its zkEVM rollup network. The testing is scheduled to commence on the 28th of March and will clear the path for an eventual mainnet merger sometime in 2023. This follows the successful completion of a private beta phase that saw over 490,000 transactions processed from decentralized applications.
Scalability Solutions For Ethereum
The zk-rollup network offers scalability solutions by performing off-chain computations on a secondary layer, resulting in faster and cheaper transactions while prioritizing Ethereum’s overall security. Furthermore, gas fees are charged in ETH, removing the need for third-party code translation.
The ConsenSys zkEVM is the result of work by teams from MetaMask, Infura, Truffle and developers on Gnark and Besu with features designed to improve security and onboarding times quickly without rewriting smart contracts or changing code.
The rollup will also feature integrations with popular Ethereum tools such as RPC Service Infura, Truffle, and MetaMask wallet which will expedite user onboarding while Infura integration allows developers to ship decentralized applications across multiple protocols at once without additional cost or delay.
Overall, ConsenSys’ public testing of its upcoming zero-knowledge Ethereum Virtual Machine (zkEVM) on a public testnet should bring great benefits to projects in the ecosystem such as faster finality, high throughputs , enhanced security for Ethereum settlement as well as zero switching costs for developers migrating existing dApps without rewriting smart contracts or changing code .