A New Paradigm of Rollup Technology: Exploring ZK Platform Development

As the number of Ethereum users continues to grow, the network is becoming increasingly busy, and high transaction fees hinder the possibility of small transactions. Improving storage efficiency, transaction throughput, and reducing transaction latency is crucial for the development of Ethereum.

Traditional Layer 1 scaling solutions include both On-chain and Off-chain forms. On-chain refers to updating and optimizing Layer 1 by changing the consensus mechanism, implementing sharding, and increasing block size; Off-chain, on the other hand, involves off-chain scaling, which mainly includes sidechains and Layer 2 solutions. Layer 2 operates relying on the mainnet's security protocols, thus often having an advantage from a security perspective.

The implementation logic of Layer2 is to process information through off-chain centralized computation, transmitting the results on-chain, which improves transaction computation efficiency while fully leveraging the high-security performance of the ETH mainnet. Currently, the mainstream implementation solutions of Layer2 include three types: Channel, Plasma, and Rollup. Rollup is essentially a further extension of the Plasma solution, offering higher security, state validity, and data verification capabilities, and has become the fundamental direction for the future development of Layer2.

In Rollup, ZK-Rollup offers higher security compared to Optimistic-Rollup, and there are no delayed transaction confirmations during the challenge period, making it more promising for applications. However, due to the technical implementation difficulty of ZK Rollup being far greater than that of Optimistic-Rollup, the mainstream market for Rollup technology is still dominated by Optimistic-Rollup. How to shape standardized ZK-Rollup solutions and gradually expand the application market of ZK-Rollup has become an important issue.

A certain network is a globally distributed modular computing network, combined with the DePIN network, shaping a powerful, secure, and flexible computing platform to provide computational power support for ZK-Rollup, ZK ML, ZKP, and more. At the same time, it focuses on the construction of ZK-RaaS, aiming to provide a complete set of deployment and implementation solutions for ZK Rollup, addressing various issues such as incompatibility among current ZK-Rollup solutions, centralization of computational power, and concentration of risks.

The project has been deeply involved in the ZK field for many years, with the team engaging in exploration and research in the ZK field since 2018. Established in March 2022 in Hong Kong, China, it aims to become a provider of blockchain scaling infrastructure. After multiple rounds of financing, the project's valuation has reached $300 million. Currently, it has 28,403 POW nodes, 16 running Rollups, 470,000 ZKP submissions, and 20 million transaction counts.

On the technical side, the project launched ZK-Rollup Launchbase, increasing support for ETH, BSC, and Polygon testnets, and providing various modular components such as Data Availability (DA) and shared sequencers. At the same time, multiple groundbreaking technological inventions were achieved, providing ZK computation support for some well-known projects.

The project integrates powerful ZK computing resources with the EigenLayer restaking mechanism through Lumoz Oracle, zkProver, zkVerifier, and Lumoz Chain. This process allows multiple validation servers to share a set of tokens, thereby enhancing resource utilization and computational efficiency, which is crucial for high computational demand in ZKP generation.

The project has optimized the ZKP computation and submission mechanism, supporting parallel computation and sequential submission of ZKP, and has proposed a novel recursive aggregation algorithm that can aggregate multiple ZKPs into a smaller ZKP, reducing the consumption of blockchain storage and computational resources.

The project's ZK-RaaS Launch Base supports all mainstream zkEVM technologies, allowing developers to easily deploy and launch ZK-Rollup with simple operations. The platform also supports various architectural models, including modular computing layers, native cross-Rollup communication, and customizable infrastructure services.

The project adopts a dual-token governance model, providing a native mainnet token and an ecological governance token. The native mainnet token can be used for mainnet transaction gas fees, ZKP services, and AI computing power service payments, etc. The ecological governance token is used for the construction and maintenance of the mainnet ecology and can be used as rewards to incentivize mainnet computing power providers and node operators.

Overall, the emergence of this project will address the issues of high deployment difficulty and high computational resource requirements of ZK-Rollup in the past, which caused centralization of computation, and take a key step forward for the further development of ZK-Rollup in the future. It integrates the previously fragmented ZK-Rollup efforts, optimizing the construction of ZK-Rollup while creating a complete set of easy deployment processes for ZK-Rollup. This may herald the rise of a new wave of ZK-Rollup projects.