News Report Technology
May 08, 2024

zkSync To Introduce P256Verify, Bridgehub And Valdiums Support Enhanced Features In Its Next Upgrade

In Brief

Matter Labs’ head of product delivery Ramon Canales revealed that the upcoming zkSync upgrade is scheduled for release on May 13th.

zkSync To Introduce P256Verify, Bridgehub And Valdiums Support Enhanced Features In Its Next Upgrade

Ramon Canales, head of product delivery at Matter Labs and the developer behind zkSync, a solution aimed at decreasing the expenses associated with Ethereum transactions, revealed that the upcoming upgrade of zkSync is scheduled for release on May 13th.

The latest upgrade incorporates P256Verify, a precompile enabling signature verification of the secp256r1 elliptic curve. Additionally, it will introduce ecAdd, ecMul, and ecPairing. 

Moreover, the implementation of Bridgehub, a foundational component facilitating interoperability across all ZK Stack blockchains, will be included. Ramon Canales further mentioned that additional efforts will be dedicated to enhancing the seamlessness of cross-chain transactions. At present, blockchains can communicate directly with each other through Layer 1 protocols.

Regarding ZK Stack, the protocol has completed the necessary work to support Validiums, a custom data availability (DA) layer, and custom base tokens. These functionalities will become accessible for ZK Stack’s blockchains following some forthcoming server adjustments.

The ZK Stack is a modular framework that provides the capability to deploy zero-knowledge (ZK) rollups, which are highly secure blockchain solutions.

Furthermore, the ability to execute .transfer/.send calls without providing gas will be activated. This feature has the potential to release ETH that may be trapped in contracts deployed without adhering to best coding practices.

zkSync Incorporates Avail’s Data Availability Layer For Aid Developers 

zkSync is a protocol designed for efficient and cost-effective payments on the Ethereum network, leveraging ZK rollup technology. It relies on ZK proofs and on-chain data availability to maintain the security of users’ funds, ensuring their safety akin to remaining within the mainnet.

Recently, zkSync has incorporated Avail’s data availability (DA) layer into its framework, aiming to support developers in building blockchains that offer enhanced scalability, cost efficiency, and adaptability. With Avail DA, users gain the capability to seamlessly integrate a rollup technology stack into an established decentralized network of validators, which furnishes the essential hardware for blockchain operations.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories

Missed Bitcoin’s Rise? Here’s What You Should Know

by Victoria d'Este
December 20, 2024
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
Markets News Report Technology
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
December 20, 2024
Missed Bitcoin’s Rise? Here’s What You Should Know
Opinion Business Markets Technology
Missed Bitcoin’s Rise? Here’s What You Should Know
December 20, 2024
The Explosive Rise of Crypto Theft in 2024 with North Korea Leading the Charge
Opinion Business Markets Software Technology
The Explosive Rise of Crypto Theft in 2024 with North Korea Leading the Charge
December 20, 2024
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
News Report Technology
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
December 20, 2024