1 year ago
Alvaro Fernandez, the Chief Operations Officer (COO) astatine Lumoz, has stated that portion zero-knowledge rollups person demonstrated exceptional information and scalability, the exertion is inactive not user-friendly. To code this issue, networks should opt for ZK Rollups-as-a-Service (ZK-RaaS) due to the fact that this simplifies the instauration process for a azygous ZK-Rollup. This makes them “more accessible for developers and projects to use,” Fernandez added.
Zero-Knowledge Versus Optimistic Rollups
In his written answers sent to Bitcoin.com News via Telegram, Fernandez argued that by offering what helium called “a seamless experience” ZK-RaaS tin besides quicken the “implementation of unafraid and scalable networks.” While ZK-RaaS are believed to beryllium much secure, Optimistic Rollups-as-a-Service, connected the different hand, are favored for their simplicity and cost-effectiveness.
Regarding manufacture sectors astir suited for ZK-RaaS, the Lumoz COO identified decentralized concern (defi), gaming platforms, and non-fungible token (NFT) marketplaces. In decentralized finance, ZK-RaaS mitigates challenges relating to accepted platforms’ “high fees and sluggish transaction speeds.” By utilizing ZK-RaaS, gaming platforms and NFT marketplaces tin trim transaction costs and summation transaction speed, portion ensuring the information and privateness of their users’ data.
Below are Alvaro Fernandez‘s answers to each the questions sent to him.
Bitcoin.com News (BCN): Zero-knowledge (ZK) rollups person proven to beryllium particularly effectual successful creating unafraid and scalable networks yet the exertion is seemingly not user-friendly. Can you archer our readers what these zero-knowledge rollups oregon ZK-RaaS are each astir and wherefore they are considered to beryllium captious for scalability?
Alvaro Fernandez (AF): Absolutely, portion ZK-Rollups person demonstrated exceptional information and scalability, their user-friendliness has been a challenge. ZK-RaaS addresses this interest by providing a user-friendly level that abstracts the complexities of ZK Rollup technology.
ZK-RaaS simplifies the instauration process of a azygous ZK-Rollup, making it much accessible for developers and projects to use. As what Lumoz provide, It’s a full no-code process, adjacent mean radical tin usage the ZK-RaaS motorboat basal to make their ain ZK Rollup successful minutes with bridges and explorers. One of the biggest challenges for astir of the ZK projects is the prover cost, usually it’s the main outgo of moving a ZKRollup and its task needs to walk overmuch effort and clip maintaining the machines. Lumoz projected this decentralized prover web that takes attraction of each the computing powerfulness stuff, which is escaped to projects.
This attack is captious for scalability due to the fact that it lowers the introduction barrier, encouraging a broader adoption of ZK Rollup technology. By offering a seamless experience, ZK-RaaS accelerates the implementation of unafraid and scalable networks.
BCN: There are 2 types of Rollups-as-a-Service — Optimistic Rollups and ZK-Rollups that are wide adopted by blockchain projects. What’s the quality betwixt them and what are the pros and cons of each?
AF: Optimistic Rollups and ZK-Rollups are cardinal Rollups-as-a-Service successful blockchain. Optimistic Rollups presume transaction validity unless disputed, offering flexibility and cost-effectiveness. However, the arbitration process whitethorn present delays. ZK-Rollups usage Zero-Knowledge Proofs for backstage transaction verification, excelling successful privateness and information with faster finality. Yet, they whitethorn person higher setup costs owed to computational needs. The prime hinges connected task priorities: Optimistic Rollups for simplicity and cost-effectiveness, ZK-Rollups for heightened privateness and security.
BCN: Your institution Lumoz uses a hybrid Proof-of-Work/Proof-of-Stake web to facilitate ZK-proof mining and alteration developers to make a customized zero-knowledge EVM chain. Could you archer america however this hybrid exemplary works and wherefore it’s needed successful the archetypal place?
AF: While impervious of involvement is chiefly associated with the DA aspect, assorted DA providers similar Celestia, Avail, Radius, and Espresso populate the market. Projects are encouraged to freely take immoderate for seamless integration including Lumoz DA.
However, impervious of enactment stands retired arsenic a halfway spot and a distinctive vantage of Lumoz. As mentioned earlier, the procreation of zkps successful each zk-rollups necessitates computing power. Thanks to our decentralized prover network, miners tin lend their computing power, enactment successful zkp generation, and gain rewards done the POW process. Leveraging Lumoz’s extended acquisition successful mining, we’ve crafted this prover web to trim barriers for projects seeking to follow zk technology, portion besides facilitating miners to marque invaluable contributions and person rewards.
BCN: With much and much radical entering the Web3 space, wherefore bash you deliberation decentralized applications (dapps) deployed connected bequest Layer-1 chains and Layer-2 solutions request to see utilizing ZK-RaaS?
AF: Ethereum L1 is excessively congested, which is wherefore Vitalik projected the request for L2 to trim transaction fees and summation TPS, improving the wide idiosyncratic experience. The differences betwixt ZK and OP person been mentioned earlier, with ZK being much secure. Lumoz’s zk-raas addresses the issues of ZK computation powerfulness and deployment, enabling everyone to easy make customized zk-rollups.
The advantages of having one’s zk-rollup are evident — each on-chain resources service the project, avoiding contention. This results successful precocious TPS, debased transaction fees, and an fantabulous idiosyncratic experience.
BCN: How does cross-rollup interoperability enactment with ZK-RaaS? Can you speech astir Lumoz’s Native Cross Rollup Communication (NCRC) protocol that claims to supply a trustless solution for rollup interoperability?
AF: Cross-rollup interoperability is important successful the ZK-RaaS framework, and Lumoz’s NCRC protocol ensures a seamless and trustless solution. This allows nonstop connection betwixt ZK-Rollup chains, fostering a decentralized and unafraid situation without intermediaries. NCRC 2.0 enhances this by enabling cross-contract calls betwixt second-layer networks, facilitating atomic cross-rollup declaration calls.
Lumoz prioritizes idiosyncratic acquisition by integrating the first-layer web seamlessly, ensuring plus attraction without compromising decentralization. The NCRC protocol, particularly successful its latest version, exemplifies Lumoz’s committedness to achieving trustless cross-rollup interoperability, addressing challenges, and enhancing the blockchain ecosystem’s connectivity.
BCN: What manufacture segments are the astir apt to payment from ZK-RaaS? And however utile could it beryllium for the Web2 companies that privation to physique their customized appchains?
AF: ZK-RaaS showcases its wide applicability crossed divers manufacture segments, extending its benefits beyond the blockchain realm. In the fiscal and decentralized concern sectors, ZK-RaaS has the imaginable to alteration transactions by ensuring information and scalability, mitigating challenges related to precocious fees and sluggish transaction speeds connected accepted platforms.
Gaming platforms and NFT marketplaces tin leverage ZK-RaaS for scalable and cost-effective transactions involving in-game assets and unsocial integer assets represented arsenic NFTs. Additionally, successful individuality management, ZK-RaaS tin play a important relation successful authenticating users without exposing delicate information, making it invaluable for industries requiring robust individuality solutions.
As Web2 companies task into gathering customized Appchains, ZK-RaaS emerges arsenic a multifaceted solution, offering scalability, privateness preservation, customization, cost-effectiveness, and interoperability. This broad acceptable of features positions ZK-RaaS arsenic a versatile prime for enhancing capabilities and gathering divers needs successful the evolving integer landscape.
What are your thoughts connected this interview? Let america cognize what you deliberation successful the comments conception below.
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