The new prover, which is based on RISC-V, a newer programming framework that Ethereum co-founder Vitalik Buterin has suggested to replace the current EVM with.
Defunct blockchain firm BANKEX said two ex-employees stole its technology to build ZKsync, but a spokesperson at Matter Labs called the allegation "baseless."
The banking giant is building a rollup on Ethereum using Matter Labs' ZKsync technology.
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.