Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called "Opportunity" in Q1 2023
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can “research and experiment with it.” Matter Labs Discusses Roadmap’s Baby Alpha Milestone and L3 Proof of Concept
On Oct. 28, Shazia from the Matter Labs team announced that the Zksync developers have reached the roadmap’s Baby Alpha Milestone. Developers note that the team has begun the march to Fair Onboarding Alpha and Full Launch Alpha. Zksync is an Ethereum L2 scaling solution similar to the project’s competitors Optimism, Arbitrum, Polygon Hermez, and Loopring. The Baby Alpha Milestone marks the “deployment of the end-to-end system to mainnet,” Shazia detailed.
With the Baby Alpha Milestone, Zksync devs plan to stress-test the infrastructure with various use cases and run security audits. The team will also run contests and bug bounty programs alongside improving “the technical documentation for Zksync 2.0.”
In addition to the Baby Alpha Milestone, Shazia mentioned the L3 proof-of-concept called “Opportunity.” Matter Labs disclosed that it would be creating an L3 scaling solution during the second week of October and it was originally called “Pathfinder.” The L3 proof-of-concept is set to launch in Q1 2023. Zksync Public Roadmap shared by the Matter Labs representative Shazia.
“Layer 2 is the first step toward scalability, developer experience, and user experience. Zksync’s EVM-compatible Layer 3 proof of concept ‘Opportunity’ will come to life in the first quarter of 2023, bringing a starfield of 10X moments to Ethereum,” the Matter Labs representative Shazia detailed. The Matter Labs representative said the team will deliver: The prototype of a Layer 3 HyperChain built on top of Layer 2, allowing the ecosystem to research and experiment with it. Kickstart development of developer tools, including a CLI and SDKs to spin off your Layer 3 and interact with it.
The news follows Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on Sept. 15, also known as The Merge. Ether fees have increased to 0.002 ETH or $3.31 for the average ethereum transfer after dropping below the $2 range after The Merge during the last two weeks of September. Tags in this story Arbitrum, Baby Alpha Milestone, Blockchain, Ethereum, L1, L2, L3 Chain, L3 proof of concept, L3+, Loopring, Matter Labs, Onchain, opportunity, Optimism, Pathfinder, Polygon Hermez, Proof of Concept, Scaling Solution, Shazia, Zksync, Zksync scaling
What do you think about Matter Labs’ efforts to create an L3 proof of concept built on top of Zksync’s L2? Let us know what you think about this subject in the comments section below. Jamie Redman
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Twitter Reveals "NFT Tweet Tiles" in Order to "Impact" the Social Media Experience BLOCKCHAIN | 9 hours ago Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series BLOCKCHAIN | 1 day ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleTwitter Reveals ‘NFT Tweet Tiles’ in Order to ‘Impact’ the Social Media Experience Next articleNew Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItBill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms ... read more.UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto