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ZK-Rollups step into the limelight after the quest to scale Ethereum evolves -Breaking

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© Reuters

Scalability in the (ETHThe () network has been at the center of controversy in cryptocurrency ecosystems for many years. It is due to high fees, network congestion during peak demand periods and excessive network fees.

The latest solution to emerge as the final fix to Ethereum’s scalability woes is zero-knowledge rollups (zk-Rollups), a form of scaling that runs computations off-chain and submits them on-chain via a validity proof.

LRC/USDT 1-day chart. TradingView
zkSync total deposits vs. total unique users