Hi. Today we are going to talk about amazing blockchain technologies. About new projects that are entering the market today. In this article, you will find information on one amazing project. Which solves the scalability problems of the Ethereum network. This project is called ZkTube. What can I say about this project? This project provides us with a unique solution for blockchain scalability due to layer 2. Such technologies are already widely used today in order to reduce the cost of transactions within the network. Also, these technologies allow you to achieve the highest speed of sending transactions with minimal latency within the network. Why are such projects being created? Of course, to solve new problems that arise every day in connection with the development of blockchain technology and an increase in the volume of projects on the network. Of course, the primary task of this project is to solve the problems of the first layer. Strives to provide us with a secure and reliable basis for fast, very cheap transactions on the network. Also, such a layer removes the main load on the ethereum blockchain.

The main components of the project.

- Wallet level 2

- Zk-Rollup

- Safety

Tier 2 wallet

Tier 1 wallets have become less efficient and costly. We overpay for the transaction, and the protection of such wallets is also becoming obsolete. But second-tier wallets open up new opportunities for us. Ultra-fast speeds and minimal transaction costs. These are the key features of tier 2 wallets. ZkTube not only solves the already established problem in the area of ​​speed security but also the cost of transactions on the network and Ethereum. It also gives users the opportunity to use this network on more favourable terms.

For example, the cost of uniswap transactions reached $ 200, you see, this is a significant overpayment for a short period of $ 10. ZkTube projects like this help solve this current problem on the Ethereum network.

Zk-Rollup

Judging by the information that I read on the Internet. There are already several protocols that allow you to create a second layer. These include technological solutions such as Optimistic Rollups or Plasma. There are also universal solutions, which in what follows we will call Zk-Rollup. According to the research carried out by the ZkTube project team. The Zk-Rollup solution is absolute in terms of performance and safety. Technical solutions like Plasma and Optimistic Rollups were rejected by the team and are not used in this project. Often this is due, of course, to the fact that some technologies are not suitable for the Ethereum network and cannot be used in the project. Algorithms by which Zk-Rollup work creating the second layer. It is better to study the technical documentation of this project.

Safety

Besides the excellent speed, low cost inside the second layer. Zk boasts of its security. The technology of the project allows you to defend against major attacks. Make attacks financially unprofitable for hackers. Imagine that at the first level of the network, we get 51% protection against an attack, even at the present time the cost of one such attack is $ 0.256 million per hour. Which makes it simply unprofitable to attack the second layer. Therefore, the projects of the second layer are by far the most secure within the Ethereum network.

Conclusion

The ZkTube project is a new blockchain technology solution. Its protocols will allow any transactions to be carried out safely and at high speed within the network and Ethereum. This project is very interesting and participates in a variety of conferences related to the expansion of the terrarium network and interaction within this network. In the official channels of this project, you can find information that the team recently visited a new forum, where issues of solving the problem of the Ethereum network were discussed. It is important to consider that this project refers to future projects of the cryptocurrency industry and they will help the networks develop in the future. Thank you for your attention. Goodbye.

Website: https://zktube.io/
Twitter: https://twitter.com/zktubeofficial
Medium: https://zktube.medium.com/
Facebook: https://www.facebook.com/zkTube.io/
Telegram: https://t.me/zkTubeProtocol
Discord: https://discord.gg/ZhcSuxhX4S
Testnet: https://rinkeby.zktube.io/wallet

Autor
anatolij.shishkin
https://bitcointalk.org/index.php?action=profile;u=2280356
0xae291938EcF7887cbD6edAa42Dec3d9abC9dEa94