ZK-Rollups is one of the most discussed and most interesting topics among the various Ethereum Layer 2 scaling solutions. As mentioned above, we are talking about a solution that is still under development but has very interesting potential. The basic idea, as in all layer 2 solutions, is to increase scalability through processing large amounts of computed data (transactions) in a single transaction. Take that advantage zKtube already But all these things must be done to optimize communication between nodes in the network. The industry did not have an effective solution, so to do that, ZKTube was born.
What is Zktube?
The zkTube protocol is an Ethereum Layer 2 scaling solution based on ZK Rollup technology. All funds are held by smart contracts on the main chain. zkTube performs calculations and storage off-chain, and the efficiency of its sub-chain is proven by zero-knowledge.
In the zkTube network, users can perform various transactions and transfer functionality of ERC20 tokens in the wallet with TPS 3000+, real-time arrival and the same security guarantee of the Ethereum Mainnet level. This premium and smooth experience cost per transaction gas fee is 200 times lower than existing Ethereum Mainnet.
Ecological planning of zkTube
An open source payment network
PayTube Wallet is an open source payment wallet developed based on the zkTube protocol for all users. We can provide an easy-to-use and low-cost Layer2 payment environment for users by virtue of our cross-platform mobile wallet, PayTube Wallet.
It is a Web 3.0 Dapp — PayTube Wallet based on the zkTube protocol, and realizes the interaction with DeFi, NFT and other fields. PayTube Wallet will become an “entrance” of zkTube access to various Dapp applications.
ZKT is the main utility asset of the zkTube ecosystem, which is minted with a total supply of 330 Million ZKT. This content serves as a certificate of community involvement in governance, as members with a certain amount of ZKT can suggest upgrades for changes to the ecosystem. As a representation of member rights and also of practical use case value, ZKT can be used for :
- Transaction Fees
- Crypto Investment
- Equity Certification
zkTube is not only a Layer 2 network solution but also building its ecosystem. Based on the characteristics of real-time payment, high throughput, and low transaction fee, zkTube can show its talents in the payment and realize more application value; PayTube Wallet is a Web3.0 application on the zkTube network, users can access the wallet through any Ethereum network Dapp to transfer, browse and store currency; zkTube will support a large number of games and display Dapp in PayTube; zkTube Web 3.0 also develops its browser to facilitate users to query transaction records; zkTube basic protocol NFT can also be extended to support NFT at L2.
Telegram: https: //t.me/zkTubeGlobal
Writer — lavender06