zKtube The Combination of Zero Knowledge Protocol and Layer2
Introduce
With the terrible development of Polygon (MATIC), Celer, Skale …, in the past time, there have been many comments that say: “Layer 2 is the lifeline of Ethereum?” “Who needs other Layer 1s when Layer 2 on Ethereum is more than enough?”
Are the above statements an affirmation for the future of Layer 2 in particular and Ethereum in general?
There are basically two ways to scale a blockchain. One is to upgrade the main chain to improve transaction capacity. That’s what Ethereum 2.0 is all about. Another way is to change the way people use that blockchain. That is, instead of placing all transactions and interactions on the main chain, some transactions can be processed off-chain to reduce congestion on the main chain. It is a simple way. to distinguish Layer 1 and Layer 2 scaling solutions.
What is Layer 2?
Layer 2 are technologies built on Layer 1 (i.e. native blockchains), capable of processing multiple transactions at a faster speed, cheaper cost and inheriting the security of Layer 1.
Note, however: Layer 2 is still a Layer 1 based technology, coordinating and supporting Layer 1.
Rollups
Rollups are solutions that help “bundle” or “roll” sidechain transactions into a single transaction and generate a cryptographic proof, called SNARK. Only this proof is sent to the main chain (Layer 1). Meanwhile, Sidechains are independent blockchain chains, compatible with Ethereum.
In a word, Rollups is a solution that puts the processing and execution of transactions on the sidechain. The main blockchain (ie Ethereum) only has to store transaction data.
Rollups solutions require those responsible for data forwarding to stake an amount of tokens, they will receive rewards during the network’s operation, and are also responsible for data forwarding. , otherwise the deposit may be forfeited.
There are 2 types of rollups with different security models:
About the zKtube protocol
zkTube is a project that has been built and developed on Layer 2 with the utilization of ZK-Rollup technology and therefore the PLONK principle. It can improve scalability via the transfer of batch transmission to single transactions.
This is a trustless protocol for the scaling solution of Ethereum, powered by ZK-Rollup technology. It utilizes Zero-Knowledge proof to supply solutions to the issues and problems with scaling, data availability, privacy for Ethereum, and every one data is synchronized and stored on the mainnet. zkTube is poised to become the simplest Layer 2 environment for payments with no quite 0.01 cents per transaction, and TPS up to 3000+. It offers great value for people. Soon, it’ll be some extent for financial institutions to maneuver to Ethereum, to supply a more friendly payment system worldwide.
To build an honest sustainable blockchain ecosystem, we’d like to try to to something within the architecture to balance the necessity for security, decentralization, and scalability. zkTube processes data during a way that reduces the burden on the most chain. By transferring a part of the info processing of the most chain to Layer 2, it builds a Layer 2 infrastructure in terms of scalability, computing, and storage, which integrates the high security of the most chain and enhances the performance requirements of the whole network.
Paytube
PayTube is a decentralized wallet building on zkTube, with this L2 solution providing the same security as Ethereum mainnet and extending scalability: Layer 2 protocol to achieve low end of transaction and ETH and ERC20 / ERC721 transaction information up to 200 times the original banned Layer1 transaction.
Token Economic
Conclude
As the Ethereum development team continues to perfect Eth2, independent scaling projects are simultaneously offering a combination of technologies to provide the best optimal solution. The explosion of DeFi has proven that composability is the key to success, enjoying network effects. Similarly, Ethereum scaling is not a race for all. The scalability gained from Layer 1 and Layer 2 enhancements will multiply on top of each other, especially if projects can work together for composable scaling mechanisms. zKtube has achieved good results from the beginning of the testnet test to date. This is a good project that is being interested by many Asian investors from the very beginning. Visit for more information about this project:
Web: paytube.io
Mainnet: zktube.io (off-line）
Mainnet: zktube.io (not online yet)
Twitter: https://twitter.com/zkTubeOfficial
Medium: https://zktube.medium.com/
Facebook: https://www.facebook.com/zkTube.io
Telegram: https: //t.me/joinchat/v0bgWm6reV0wYjRl
Discord: https://discord.gg/byCzZtwv
Contact
Btt : hoaroicuaphathd