December 4, 2023

Matter Labs on Friday unveiled its proposal to Celo CELO/USD, noting the potential of its ZK Stack for a seamless Layer 2 blockchain migration.

Omar Azhar, head of enterprise growth of Matter Labs, emphasised in a submit the modular and open-source nature of the ZK Stack, a framework crafted to develop customized hyperchains.

These ZK-powered L2s and L3s had been designed to supply each sovereignty and seamless connectivity.

Whereas working independently, they’re interconnected by means of a collection of hyperbridges, making certain swift and environment friendly cross-chain transactions.

Azhar expressed Matter Labs’ respect for the achievements of cLabs, the Celo Basis and its expansive ecosystem.

The ZK Stack boasted a number of key advantages, as outlined by Azhar.

Additionally Learn: Cross-Chain Interoperability Made Simple With Chainlink Protocol On BNB Chain

The corporate championed a mobile-first method, permitting Celo to combine {hardware} signers utilizing cellular gadgets seamlessly.

The expertise underpinning the ZK Stack was sturdy and rigorously examined, making certain top-notch safety requirements.

Moreover, as open-source, it eradicated the necessity for licensing charges, which made it extra accessible for exterior growth groups.

Azhar additionally highlighted the speedy progress and achievements of the ZK Stack in a brief span of six months.

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Photograph: Gerd Altmann, Pixabay


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