top of page
Writer's picturemeowdini
Jun 252 min read

ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayer


Matter Labs unveils ZKsync 3.0 with the Elastic Chain, creating a seamless, interconnected blockchain ecosystem similar to Polygon's AggLayer.

The main development firm behind the layer-2 network ZKsync, has introduced a new roadmap called ZKsync 3.0. This roadmap aims to make the ecosystem more interconnected, featuring a new "Elastic Chain" that rivals Polygon's AggLayer released earlier this year.


Stock chart illustrating the performance and growth of blockchain technology, highlighting Matter Labs' new Elastic Chain in ZKsync 3.0.
Matter Labs introduces ZKsync 3.0's Elastic Chain, promising seamless interoperability and scalability within the ZKsync ecosystem.


Key Features of ZKsync 3.0:


  • Elastic Chain:

  • Composed of multiple chains within the ZKsync ecosystem.

  • Provides users with a seamless experience, feeling like they are using a single chain.

  • Turns ZKsync from a single ZK chain into an Elastic Chain with the v24 upgrade released on June 7.

  • ZK Stack:

  • A toolkit allowing developers to build custom blockchains on ZKsync’s technology.

  • These custom chains are interconnected through the Elastic Chain.

  • Core Components:

  • Native Token Vault and Shared Router:

  • Implemented as a series of smart contracts on Ethereum.

  • Manages the state of the network and handles chain registrations.

  • ZK Gateway:

  • A middleware connecting the Ethereum blockchain to ZKsync’s ZK chains.

  • Ensures interoperability between different chains in the ZKsync ecosystem.

Interoperability and Security:


  • The Elastic Chain concept aims to make blockchain ecosystems more seamless for users.


  • Ensures ZK chains can interact and transact efficiently.


  • Inherits the security of Ethereum, allowing for horizontal scaling without compromising core blockchain properties.


Comparison with Polygon's AggLayer:


  • Polygon's AggLayer, introduced in January, shares a similar concept of seamless interoperability within its ecosystem.


  • ZKsync 3.0’s Elastic Chain aims to provide a competitive alternative with enhanced interconnectedness and user experience.



Matter Labs’ ZKsync 3.0 with its Elastic Chain marks a significant step towards creating a more interconnected and scalable blockchain ecosystem. By ensuring seamless interoperability and leveraging Ethereum's security, ZKsync aims to position itself as a strong competitor to Polygon's AggLayer.


Source: Coindesk

Comments

bottom of page