Top zero-knowledge Layer 2 projects in 2024

2024-04-16 13:45:35 Views

  As the popularity of Zk solutions has grown, several top crypto projects leveraging them have emerged. These are some of the top projects using ZK elements in 2024:

  X Layer:OKX's own ZK Layer 2 network,X Layer,usesZK proofsto make it cheaper and faster for millions of users to interact with on-chain applications. Built with the Polygon CDK, X Layer provides improved security and scalability. It also supports Ethereum compatibility for effortless deployment of DApps using the EVM.

  StarkNet/StarkEx:STARKsare employed to enable scalable and confidential transactions, with a particular focus on decentralized exchanges and overall computation.

  zkSync: AZK rollups-basedapproach for scaling at Layer 2, enabling rapid and affordable transactions on Ethereum.

  Loopring: Specializes in decentralized exchanges, whichuse ZK proofsto support scalability and security in cryptocurrency trading.

  Aztec/Aztec Network: By applyingZK rollups, privacy and scalability are combined for Ethereum transactions, providing greater confidentiality.

  Immutable X:ZK rollupsare used to achieve faster confirmation times and low transaction fees for NFT trading and minting.

  Scroll:AZK rollupapproach that prioritizes fast processing and minimal delays, designed to work seamlessly with the EVM.

  Mina protocol: Boasts thelightest blockchainin the world, using ZK-SNARKs for effective and expandable transactions.

  Syscoin:Provides ablockchain-based platformthat prioritizes scalable smart contracts and safe issuance of tokens, using ZK proofs to enhance transaction speed.

  Disclaimer: Includes third-party opinions. No financial advice. See Risk Warning.
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Title:Top zero-knowledge Layer 2 projects in 2024 - Q&A
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