Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
What's good for the L1 is good for the L2s.
Ethereum foundation is soon going to announce ethereum 3.0, “beam chain”, using zkVM tech to expand ethereums scalability, without needing to use layer 2s. The consensus layer is responsible for ensuring that blocks are validated, while the execution layer is in charge of executing transactions. Layer-2s, which post their transaction data back to Ethereum, are mostly affected by changes on the execution layer.
“All of those things are great because we depend on Ethereum as the global settlement layer,” Gluchowski said.“Shorter block times, faster finality, ZK verifiability of what's happening on the consensus layer – those are things that I think have a really positive impact for L2 usability and for L2 interoperability between different ecosystems,” Farmer said.
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