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How Matter Labs' ZK Stack Helps Celo's Layer 2 Migration

Published 29/09/2023, 21:54
© Reuters.  How Matter Labs' ZK Stack Helps Celo's Layer 2 Migration

Benzinga - Matter Labs on Friday unveiled its proposal to Celo (CRYPTO: CELO), noting the potential of its ZK Stack for a seamless Layer 2 blockchain migration.

Omar Azhar, head of business development of Matter Labs, emphasized in a post the modular and open-source nature of the ZK Stack, a framework crafted to develop custom hyperchains.

These ZK-powered L2s and L3s were designed to offer both sovereignty and seamless connectivity.

While operating independently, they are interconnected through a series of hyperbridges, ensuring swift and efficient cross-chain transactions.

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

The ZK Stack boasted several key benefits, as outlined by Azhar.

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The company championed a mobile-first approach, allowing Celo to integrate hardware signers using mobile devices seamlessly.

The technology underpinning the ZK Stack was robust and rigorously tested, ensuring top-notch security standards.

Furthermore, as open-source, it eliminated the need for licensing fees, which made it more accessible for external development teams.

Azhar also highlighted the rapid growth and achievements of the ZK Stack in a short span of six months.

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Photo: Gerd Altmann, Pixabay

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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