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

Matter Labs on Friday unveiled its proposal to Celo CELO/USD, 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

 

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Posted In: CryptocurrencyNewsMarketsBlockchain Technologydecentralized financeDigital AssetsEthereumHyperchainsMatter LabsZK Stack
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