Ferrum to integrate Ethereum L2 solution zkSync in its crypto ecosystem - BitcoinEthereumNews.com
क्रिप्टो EthereumFerrum to integrate Ethereum L2 solution zkSync in its crypto ecosystem03 / 03 / 2022बिटकॉइन एथेरियम समाचार Ferrum Network, a cross-blockchain service company & ecosystem, has now anounced it will integrate the zkSync layer-2 scaling solution into its suite of products. This synergy comes following Ferrums participation in the Series B round for Matter Labs, creator of zkSync. zkSync is a user-centric zero-knowledge (ZK)-rollup platform for Ethereum and is live on the mainet. Recent funding into layer-2 scaling provider Matter Labs came from Ferrum Network‘s investment arm, Ferrum Ventures. Matter Labs and their ZK-rollup system — zkSync — will now be integrated into Ferrum Network’s products and ecosystem. Matter Labs / zkSync Matter Labs is a pioneer of zero-knowledge rollups. The organization launched the first-ever public ZK-rollup prototype in early 2019, was the first to implement recursive ZK proofs on Ethereum, and created the worlds first practical FPGA-based hardware for ZKP acceleration in 2020. Recently, Matter Labs anounced the first EVM-compatible ZK-rollup on Ethereums public testnet, allowing developers to deploy existing Solidity applications to a highly scalable, low-cost environment without sacrificing the security or decentralization provided by Ethereum. “When you really think about it, most of us in this space are here because of Ethereum. Ferrum‘s