The widely recognized blockchain trilemma necessitates a delicate balance between decentralization, security, and scalability. Yet, in the pursuit of decentralization and security, scalability is frequently compromised.
Presently, the Ethereum mainnet can handle just 15 transactions per second. As congestion becomes common, transaction speeds slow down, transaction fees rise, and the network becomes impractical for users who cannot afford the fees.
In this context, the primary objective of scalability is to enhance transaction speed and throughput while preserving decentralization and security, addressing the challenges posed by the blockchain trilemma.
zkEVM Chain stands out as a decentralized Ethereum Layer 2 scalability solution. This innovative approach harnesses the capabilities of cryptographic zero-knowledge proofs to provide authenticity and swift processing for off-chain transaction computations, often referred to as ZK-Rollup.
At its core, ZK-Rollup enables the transparent execution of smart contracts. This is achieved by presenting zero-knowledge validity proofs while ensuring compatibility with the Ethereum Virtual Machine (EVM) opcodes.
Key Advantages of zkEVM Chain:
EVM Compatibility: zkEVM Chain seamlessly integrates and interacts with existing Ethereum-based systems.
Robust Ethereum Security: Inheriting the formidable security framework of Ethereum, zkEVM Chain guarantees the integrity of transactions and contracts.
Scalability Powered by Zero-Knowledge Proofs (ZKP): With its Zero-Knowledge Proofs, zkEVM Chain offers enhanced transaction processing speed and substantial scalability potential.