QuarkChain Joins Ethereum Layer 2 Ahead Of Cancun Upgrade, Enhances Speed With zk Fraud Proof And Parallel EVM

In a strategic transfer that aligns with the upcoming Ethereum Cancun improve, QuarkChain has introduced its transition to Ethereum Layer 2. This important shift leverages cutting-edge applied sciences like zk Fraud Proof and Parallel EVM to revolutionize transaction processing time.

QuarkChain Capitalizes On Ethereum’s Cancun Improve

The Ethereum Cancun improve is a milestone within the Ethereum ecosystem, promising enhanced functionalities and a extra strong framework. Seizing this chance, QuarkChain’s shift to Ethereum Layer 2 is a strategic choice amid rising crypto costs. By integrating with Ethereum’s substantial market presence, QuarkChain goals to include its distinctive sharding know-how seamlessly inside Ethereum’s development trajectory.

QuarkChain’s transition is showcased by its core applied sciences, notably the zk Fraud Proof and Parallel EVM. The zk Fraud Proof know-how is ready to dramatically scale back the finality time of Optimistic rollup, dropping from per week to simply an hour. This progressive method signifies a leap in effectivity and safety, marking a major advance in transaction processing.

Parallel EVM, one other milestone of QuarkChain’s Layer 2 technique, permits the simultaneous processing of a number of transactions. This functionality not solely accelerates transaction throughput but additionally alleviates community congestion and minimizes transaction charges. It’s a game-changer, enhancing the consumer expertise by making certain fast transaction verification and finalization, thus decreasing wait instances and enhancing community safety.

QuarkChain Attracts Customers With Futuristic Method

QuarkChain’s transfer to Layer 2 is backed by years of analysis and technical experience. The crew’s deep understanding to leverage Parallel EVM’s potential mark a forward-thinking method in blockchain.

The “Cancun-Deneb” improve, also referred to as the Ethereum Cancun improve, represents Ethereum’s ongoing efforts to boost its platform, constructing upon the foundations laid by the earlier Shanghai improve.

This improve incorporates 5 key Ethereum Enchancment Proposals (EIPs): EIP-4844, EIP-1153, EIP-4788, and EIP-6780. The collective integration of those EIPs is ready to ship a spread of advantages, together with higher scalability, extra environment friendly knowledge storage and accessibility, and decrease transaction prices.

Focusing totally on refining the execution layer, or Layer 1, the Cancun improve units the stage for the eventual full implementation of information sharding in Q1 of 2024. This step is essential for Ethereum’s strategic development and long-term development plans.

The completion of Ethereum’s Cancun improve is not going to solely profit QuarkChain’s L2 community by way of enhanced functionalities however will even allow QuarkChain to faucet into the developments of the Ethereum ecosystem.