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zkTube Raises $15M in Funding
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zkTube Raised $15 Million for Its Ethereum Cross-Rollup
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A Green Solution to Ethereum s Problems – Is Changing The Game
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Layer 2 Scaling Solution zkTube Provides Update
The zkTube protocol, first proposed by Vitalik Buterin, is a second layer scaling solution that uses zero-knowledge proof to solve the congestion problem of the Ethereum network.
It was launched on April 27 and has been running normally. Meanwhile, the technical team is optimizing various data and functions, solving problems in the test, and continuously updating the version to improve the stability and performance. This project mainly adopts ZK-Rollup + Plonk to provide a Layer 2 expansion solution for the Ethereum network. Currently, the circulation of ETH in Layer 1 and Layer 2 has been completed. It includes functions such as Deposit, Transfer, and Withdraw. Next, the team will mainly improve the stability of the system and the user experience, and functions like a faucet, native tokens, and mainstream ERC20 support will also be launched in the near future.