BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

zkSync’s Layer 3 Pathfinder set for Public Testnet

by Favour Ajibade
Oct 11, 2022 - 12:00 am
in Blockchain
zkSync's Layer 3 Pathfinder set for Public Testnet

zkSync announced today that its Ethereum Virtual Machine (EVM) compatible Layer 3 scaling solution called ‘Pathfinder’ prototype will be deployed to the public testnet in the Q1 of 2023, adding that its Layer 2 ZK rollup will be launched to Mainnet in less than 18 days according to the thread published by zkSync’s official Twitter account.

With 18 days to zkSync 2.0 on mainnet, we're thrilled to share another exciting milestone on the horizon: zkSync's Layer 3 Pathfinder will be released to the public testnet in Q1 2023.https://t.co/7HnibHn2dX

(1/6)

— zkSync ∎ (@zksync) October 10, 2022

Pathfinder will provide developers and users with a trusted and customizable blockchain ecosystem and is powered by zkEVM, known as HyperChains. Its Layer 2 scaling solution, which was announced earlier this year, will be launched on the Mainnet on October 28, 2022.

The zkSync Layer 2 scaling solution offers cheaper and faster transactions than Layer 1, the Ethereum blockchain. It makes this possible by moving activity away from the main network while inheriting both its security and finality.

The Layer 2 (L2) will significantly reduce transaction gas fees by 99%, offering cheaper transaction costs than optimistic rollups without compromising user control or security as security, as the main Ethereum blockchain secures it. It is also faster as 2000 plus transactions will be processed per second on the layer compared to L1, where 14 transactions are processed per second.

In addition, it will allow users to effortlessly move their crypto assets between L1 and Layer 2 at any time, without delays.

zkSync L3 ‘Pathfinder’ to Launch on Testnet in Q1 of 2023

According to zkSync, the Pathfinder prototype will be launched on the public testnet in Q1 of 2023. HyperChains will power the L3, and it will provide unlimited scalability and customization to blockchains.

On Pathfinder, the interaction between fractal HyperChains will occur via native bridges, which will give ten times more security compared to non-native bridges that are prone to hacks.

In addition, performance on L3 is limitless, and it will make building on the blockchain more accessible to developers as it will support modern language for developers specialized in Rust, Swift, and C++, among others. zkSync further stated that:

developers will be able to choose from 3 data availability options all using the same proving infrastructure for their project. Developers can choose their own trade-offs between price, performance, and security.

Tags: EthereumZkSync
Favour Ajibade

Favour Ajibade

Favour Ajibade is a content writer and crypto lover from Nigeria who is passionate about introducing Web3 and cryptocurrency-based technologies to the world through writing. He was first introduced to crypto in 2020 and was immediately intrigued. He is a student biomedical researcher and enjoys spending his free time reading and learning new things.

Related Posts

Graphical representation of LightlessCan malware bypassing security barriers, depicting its stealthy and dangerous nature.

Advanced Malware LightlessCan in Lazarus Group’s Arsenal Spells Trouble for Crypto Firms

October 2, 2023

The malware LightlessCan, employed by Lazarus Group, is a silent but deadly threat, evading detection with its enhanced...

Brad Garlinghouse announcing the update on the Fortress Trust acquisition.

Ripple Abandons Planned Fortress Trust Acquisition Deal

September 29, 2023

Ripple, in a sudden twist, cancels the intended acquisition of Fortress Trust, emphasizing continuous support and investment in...

Kraken logo with stock and ETF graphs in the background, symbolizing their new venture into traditional markets.

Kraken Eyes Traditional Stock Market with 2024 Launch of New Trading Platform

September 28, 2023

Kraken exchange announces the 2024 introduction of Kraken Securities, paving the way for combined stock, crypto, and ETF...

Diagram illustrating the architecture and components of the Hedera network.

Hedera Crypto: Unveiling the Features of the Hedera Network

September 28, 2023

Hedera crypto offers a comprehensive suite of features for developers and users. Discover the ultimate power of Hedera's...

Press Releases

David Ferrucci next to the Elemental Cognition brand emblem.

BM Watson’s Lead Developer Secures $60M for New AI Venture, Elemental Cognition

August 18, 2023

David Ferrucci, has raised a remarkable $60M for his AI startup. The company brings forward two pioneering chatbot solutions designed...

pulse5

Amsterdam Gets with the Dutch Blockchain Days the Biggest Event of the Benelux in the Field of Blockchain, Crypto Currencies, NFTs and Other Web3 Developments

May 8, 2023

Discover the future of blockchain, crypto, NFTs, and Web3 at Dutch Blockchain Days, the largest event in Benelux.

pulse4

Korea Blockchain Week 2023 Set to Push the Boundaries after Record-Breaking 2022 Event

May 8, 2023

Korea Blockchain Week 2023 returns after a highly successful 2022 event, featuring leading experts and the latest trends in blockchain...

pulse3

Istanbul Will Be Hosting Eurasia’s Largest Blockchain Event Once again on May 8–11, 2023

May 8, 2023

Join Eurasia's largest blockchain event, the Blockchain Economy Istanbul Summit, May 8-11, 2023, and discover the future of financial technology.

View All
BTC-Pulse LogoTransparent

© 2023 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2023 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise