• ConsenSys has announced plans to publicly test its zkEVM rollup network.
• The public testing will begin on the 28th of March, 2023 and a mainnet merger is expected in 2023.
• The zk-rollup network offers scalability solutions with fast finality, high throughput, and the security of Ethereum settlement.
ConsenSys to Begin Public Testing of zkEVM Rollup Network
ConsenSys has announced that it is set to begin a public test of its zkEVM rollup network on the 28th of March, 2023. This will clear the path for an eventual mainnet merger sometime in 2023. After completing a private beta phase of its zkEVM network, the firm is now ready to move ahead with public testing.
The Benefits of Scalability Solutions
The zk-rollup network aims to provide scalability solutions by performing off-chain computations on a secondary layer, resulting in faster and cheaper transactions while preserving security on Ethereum’s mainnet. During the private beta phase, over 490,000 transactions were processed from various decentralized applications (dApps). Furthermore, developers can quickly build or migrate existing dApps without any code rewriting or switching costs as gas fees are charged in ETH.
Integrations with Popular Ethereum Tools
In addition to offering scalability solutions, ConsenSys’s zkEVM also features integrations with popular Ethereum tools such as RPC Service Infura, Truffle and MetaMask wallet which will expedite onboarding times for users and enable developers to ship dApps easily without translation services.
ConsenSys’s upcoming zkEVM promises enhanced security along with faster transaction speeds and lower costs which could benefit projects across the crypto ecosystem. With public testing scheduled for later this month in March 2021 and a planned mainnet merger sometime during 2023, developers can look forward to taking advantage of these features soon enough.