Uot We Believe That The Significant Reduction In Transaction Confirmation Time Of Zk Rollups Will Pave Way For Large Scale Use Web3 Applications It Not Only Improve Performance And Scalability Blockchains News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SINGAPORE, Sept. 13, 2023 /PRNewswire/ Token2049, Asia's influential Web3 event, was held in Singapore from September 10 to 15. During the event, Huawei Cloud showcased staking node engine, confidential computing, andZK rollup and discussed the future of the Web3 industry with top vendors, builders, and developers. Huawei Cloud also expressed their commitment to accelerating Web3 innovation with leading technologies. Minute-level ZK Rollup Average Transaction Confirmation Time for Efficient ZK Running Environment In TimeStamp2023 session held on September 11, Xue Tengfei, Huawei Cloud Web3 Technical Planning Expert, shared Huawei Cloud's innovative attempts in ZK hardware acceleration. With Huawei-developed XPUs, system-level architecture innovation, and optimized algorithms, the average transaction confirmation time of ZK rollups is expected to plummet from hours to minutes. Xue Tengfei, Huawei Cloud Web3 Technical Planning Expert Xue Tengfei said, "We believe that the ....

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