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It’s official. ZK Stack is now available to developers . Matter Labs, developers of the zero-knowledge layer-2 scaling solution zkSync Era, recently released the open-source code to the public. So what’s so special about it? Matter Labs’ Alex Gluchowski and Anthony Rose spoke to Blockworks on the 0xResearch podcast (Apple/Spotify) about the nuts and bolts of the Ethereum-compatible open-source protocol that rivals Optimism’s OP Stack. ZK Stack is a modular framework for building highly customizable blockchains, CEO Gluchowski told Blockworks. The layer-2 tech uses cryptographic zero-knowledge proofs rather than the “optimistic” approach to rollups, which assumes transaction validity unless proven otherwise.  Senior vice-president of technology Rose says the system includes all the “core components” that together would be used to form “hyperchains.” The stack will also include “the tooling around that,” he says, like compilers, SDKs for configurations and so forth. “Essentially,...

First, there was Bitcoin. Many iterations later, along came Ethereum. Soon, a few more sophisticated solutions joined, like Cosmos and Solana. And more recently, high-performance blockchains like Aptos and Sui have joined the fray.  It’s an ongoing accumulation of years of one-upping, building yet another protocol to edge out competitors. Add in all the rollups and app chains on top of the layer-1 pile and things start to look pretty crowded.  But is that a bad thing? “I think the world is just going to have lots of chains ,” says Jim Chang on a recent episode of the On the Other Side podcast (Spotify / Apple). The founder of Catalyst, a cross-chain liquidity layer that allows for “borderless blockchain ,” feels pretty confident that the ever-growing list of new protocols will only get longer over time. And that’s perfectly OK. “Everyone’s trying to find this over-encompassing thing,” which is impossible, he says. “You might as well just capitulate and try to aggregate all of th...

Join Our Telegram channel to stay up to date on breaking news coverage The toolkit allows sidechain developers to modify their consensus algorithm and other unique features without compromising the security of the main chain. Following the news, one enthusiastic participant anticipates a significant increase in the price of the native token of the network, much to the increase in the price of eth between 2020 and 2021. The Input-Output Global (IOG) team, the creators of the Cardano ecosystem, will introduce a development toolkit later this month. With the use of this toolkit, programmers can design unique sidechains for the Cardano network to improve the ecosystem. The IOG team added the formal technical document for this toolkit while tweeting the announcement on Thursday. ⛓️ The #Cardano side chain toolkit was previewed at #IOScotFest, and we’re happy to share the first iteration is out now. Here’s the lowdown on this exciting new project! https://...