Singapore, Singapore, March 12th, 2024
In an unprecedented move for the blockchain industry, zkLink is thrilled to announce the public mainnet launch of zkLink Nova, the first-of-its-kind Aggregated Layer 3 zkEVM rollup network based on zkSync’s ZK Stack and zkLink Nova. This revolutionary platform unifies liquidity and assets from Ethereum and Layer 2 rollups onto one interoperable network, enabling developers to deploy decentralized applications (dApps) through the ZK Stack Hyperchain using zkEVM-compatible smart contracts.
Addressing Ethereum’s Scalability Challenges
As an Aggregated Layer 3 Rollup, zkLink Nova addresses the three major roadblocks that have hindered scaling across the Ethereum ecosystem: liquidity fragmentation among Layer 2 blockchains, complexities associated with multi-chain dApp development, and poor user experience due to the isolation of assets and applications across chains.
Layer 2 Ecosystem Collaboration
At its core, zkLink Nova boasts comprehensive integration with leading Layer 2s such as Arbitrum, Linea, Manta, Mantle, and zkSync. As a connective layer between these rollups, Nova enhances liquidity and asset transfers across the Ethereum ecosystem while promoting a shared vision for a more unified and efficient blockchain landscape.
“By leveraging the strengths of zkSync’s ZK Stack & Linea’s ZK Proof-verification capabilities, Nova is stack agnostic and able to connect to any ZK & OP Layer 2,” said Vince Yang, CEO and co-founder of zkLink. “This is a significant milestone for both zkLink and the broader Ethereum ecosystem as DApps will have access to greater liquidity and users, potentially unlocking exciting new use cases for their existing L2 assets.”
The integration of Layer 2s with zkLink Nova represents a major step towards fostering interconnectivity within the blockchain ecosystem, addressing the need for more collaboration among ecosystems. Nova’s general-purpose architecture in its Aggregated Layer 3 enables developers to easily build, deploy, and scale dApps using Solidity smart contracts, saving them valuable time and resources.
Securing the Future of Blockchain with ZK Proofs
Nova’s Aggregated Layer 3 environment eliminates bridges and gas fees, significantly reducing security risks and enhancing user experience. Utilizing ZK Proofs in its architecture, every transaction undergoes verification before processing, ensuring Ethereum-grade security for the Nova Aggregated Layer 3 mainnet.
“Nova’s Aggregated Layer 3 mainnet utilizes Linea as the primary rollup for ZK proof-verification through zkLink’s Nexus settlement layer technology,” said Declan Fox, Product Lead at Linea. “Being secure, EVM-equivalent, and cost-effective, Nova leverages Linea’s ZK-Rollup for faster multi-chain state synchronization and hard finality that settles on the Ethereum network.”
Enhancing User Experience and Simplifying Asset Transfers
For DApp users, zkLink Nova simplifies asset transfers across Ethereum and Layer 2s while maintaining security. Users can directly deposit assets from Ethereum or any of the integrated Layer 2s into zkLink Nova’s unified platform to seamlessly transact or interact with its ecosystem of dApps, greatly improving the overall user experience.
Uniting Ethereum’s Layer 2 Ecosystem
The mainnet launch of zkLink Nova marks the first solution to address Ethereum’s liquidity fragmentation problem while simplifying multi-chain complexities. By uniting major Ethereum Layer 2s together, zkLink Nova is paving the way towards advancing blockchain technology and realizing a unified and interoperable rollup ecosystem with greater capital efficiency for all users.
About zkLink
Dedicated to unifying liquidity and scaling the Ethereum ecosystem, zkLink is pioneering Aggregated Rollup solutions to bridge the siloes within the blockchain space. By facilitating a more interconnected, efficient, and accessible digital asset environment, zkLink is driving forward the vision of a unified and decentralized blockchain ecosystem without boundaries.
About zkLink Nova
zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience.
