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New Ethereum Layer 2 Solution From EY Could Boost Its Transaction To A New Level

Robert Johnson, Senior Investment Advisor of Ethereu Foundation, predicts the new Nightfall Layer2 solution could help the mass adoption of blockchain technology. ....

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EY Contributes Zero Knowledge Proof or ZKP Layer-2 Protocol for Addressing Rising Ethereum Transaction Costs

EY Contributes Zero Knowledge Proof or ZKP Layer-2 Protocol for Addressing Rising Ethereum Transaction Costs
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Ernst & Young Global Limited (via Public) / EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain

07/01/2021 | Press release | Distributed by Public on 07/01/2021 13:48
EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain
Protocol enables private transfer of Ethereum tokens
Improves efficiency and developer friendliness
Integrates rollup technologies to conduct transfers at an affordable price
EY today released a new set of tools for privately managing transactions on the Ethereum blockchain. The project, known as Nightfall 3, combines zero-knowledge proofs (ZK or ZKP) with a new model for handling transaction verification to increase efficiency and reduce transaction costs known as an optimistic rollup. The combined protocol is known as a ZK-Optimistic Rollup. ....

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EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain

EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain
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EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain

EY contributes a zero-knowledge proof layer 2 protocol into the public domain to help address increasing transaction costs on Ethereum blockchain
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