TL;DR
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A ZkEVM Ethereum layer-2 community, known as ‘Scroll’ has simply launched.
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Every transaction within the group has been beforehand verified. Which means the computer systems processing them needn’t test that they are legit (zero data is required to show they’re legit).
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With out ZK know-how, the method of verifying transactions on the Ethereum community seems to be extra like truck #2 – a protracted and arduous computational course of the place every transaction is checked, one-by-one.
Full Story
Okay, velocity spherical!
What simply occurred?
A ZkEVM Ethereum layer-2 community, known as ‘Scroll’ has simply launched.
(Ridiculous title, necessary know-how).
What does it do?
It makes Ethereum transactions quicker and cheaper!
How does it work?
Utilizing Zero Information Proofs – which operate a bit one thing like this:
Think about you are loading two vehicles with cargo.
When loading Truck #1, all of the cargo has been pre-checked (all the things that’s meant to be in every field has been reviewed and verified).
However when loading Truck #2, that cargo ‘pre test’ hasn’t been carried out. Which implies that you must open, test, confirm, repack, and cargo each. single. field.
The Scroll community makes use of ‘Zero Information Proofs’ (ZK Proofs), which operate just like the cargo on truck #1.
Every transaction within the group has been beforehand verified.
Which means the computer systems processing them needn’t test that they are legit (zero data is required to show they’re legit).
With out ZK know-how, the method of verifying transactions on the Ethereum community seems to be extra like truck #2 – a protracted and arduous computational course of the place every transaction is checked, one-by-one.
Alright, now you realize!