On March 28th, 2023, ConsenSys will make its zkEVM rollup, which is the Ethereum Virtual Machine equivalent, available to the public testnet. After years of research and development by ConsenSys R&D, the zkEVM offers unparalleled scalability and performance.
The company has already received positive feedback and seen promising results during its private beta testing, which has handled more than 490,000 transactions and onboarded dozens of decentralized applications. The innovative lattice-based prover used in the zkEVM provides market-leading performance in proof generation, resulting in low transaction fees.
ConsenSys zkEVM also offers rapid finality, high throughput, and the security of Ethereum settlement. The EVM equivalence makes it simple to migrate existing apps with minimal modifications. Furthermore, out-of-the-box integrations with commonly used tools such as Infura, Truffle, and MetaMask will simplify the experience for both developers and users. Read more…