Zug, Switzerland, August 12th, 2024, Chainwire
Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest web3 ecosystem.
Aleph Zero — a blockchain ecosystem engineered for speed, data confidentiality, and ease of development — today announced the mainnet launch of its new EVM-compatible Layer-2 solution. This significant milestone marks Aleph Zero’s expansion into the Ethereum ecosystem, which will expedite the development and broaden the reach of its zkOS privacy-enhancing solutions.
The Aleph Zero EVM Layer-2 is built in partnership with Gelato, a leading Rollup-as-a-Service provider, and leverages Arbitrum Orbit technology. This combination results in an exceptionally fast and efficient blockchain, boasting a block time of up to 250 milliseconds with near-instant transaction finality. The network is capable of processing thousands of transactions per second, positioning it as one of the fastest EVM-compatible chains available.
“Aleph Zero EVM uses Arbitrum Orbits’ advanced web3 scaling stack–with the most performant developer tooling–to create the most advanced privacy-enhancing blockchain infrastructure on the market. Privacy will become a major narrative in 2024 and beyond, as more mainstream use cases emerge.” — Luis Schliesske, Founder of Gelato
The Layer-2 solution will utilize Aleph Zero’s existing Substrate-based WASM Layer-1 blockchain as its Data Availability layer. This architecture ensures a robust and decentralized foundation for the new EVM environment, benefiting from Aleph Zero’s established network of over 190 validator nodes.
AZERO, the ecosystem token, will be used on the Layer-2 to power all gas transactions similarly to how it’s being used now on the Layer-1.
zkOS Features Coming to Aleph Zero’s EVM-Layer in Q4
zkOS is Aleph Zero’s new comprehensive privacy framework designed to make integrating confidentiality features into blockchain applications more accessible and user-friendly. This aligns with Aleph Zero’s vision of making privacy-enhancing technologies easier to use, with the optimization benchmarks showing the system’s ability of proving ZK proofs in less than a second on consumer devices.
zkOS consolidates Aleph Zero’s privacy products into a single, developer-friendly toolkit that…