Syscoin Announces Integration of Cross-Chain ZK Rollups
Retrieved on:
Thursday, July 21, 2022
Syscoin , a state-of-the-art base layer protocol that uniquely combines the composability of Ethereum-style smart contracts with the Bitcoin Networks industry leading security, today announced the integration of cross chain ZK rollups, in partnership with cross-chain network ZKCross .
Key Points:
- Syscoin , a state-of-the-art base layer protocol that uniquely combines the composability of Ethereum-style smart contracts with the Bitcoin Networks industry leading security, today announced the integration of cross chain ZK rollups, in partnership with cross-chain network ZKCross .
- By creating a bridge to multiple blockchains, Syscoin and ZKCross are developing a DeFi community with unprecedented levels of security, efficiency and scalability.
- With rollups on the horizon, we are inching towards a breakthrough in blockchain scalability that will usher in an unprecedented period of adoption, said Sidhu.
- Initially, the cross-chain ZK rollups will act as a Universal Automated Market Maker (AMM) to manage liquidity and trading across multiple chains via its own custom ZK-Rollup deployment.