in

zkTube – Decentralized wallet based on layer2

zkTube is a layer 2 protocol which uses zero knowledge proof and rollup of ZK rollup to realize low transaction fee and high throughput transaction between ETH and erc20. It is a project built and developed on layer2 using ZK-Rollup technology and zkSNARK principles. It can improve scalability by transferring batch transmission to a single transaction. Its essence is to compress the user state on the chain and store it in a Merkle tree and transfer the user state change to the chain. At the same time, the zero-knowledge proof mechanism is used to ensure the correctness of the user state change process under the chain.
The cost of directly processing user status changes on the chain is relatively high, but only using the smart contract on the chain to verify the correctness of a zero-knowledge proof PROOF is relatively low. In addition, necessary transfer information will also be submitted to the contract along with the certificate, which is convenient for users to check accounts. It needs to be emphasized that it is still submitted on the Ethereum chain, but part of the work on the chain is transferred to offline completion, so it will be as safe as Ethereum.

For more information please visit: https://zktube.io/

What do you think?

10 Points
Upvote Downvote

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

One Comment

  1. Hopefully, the great success of this project and can grow rapidly because it has been supported by a team that is already professional in their respective fields and system programming that has been made very easy to understand.

MI FAIR LAUNCH NOW

Opening / closing price question