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ConsenSys launches zkEVM private beta testnet

Published 12/13/2022, 11:41 AM
Updated 12/13/2022, 01:20 PM
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Web3 ecosystem developer ConsenSys unveiled its zero-knowledge Ethereum Virtual Machine (zkEVM) network for private beta testing via a blog post on Dec. 13. Designed and operated by ConsenSys, developers can deploy and manage decentralized applications using tools such as MetaMask, Truffle and Infura as if they were using the EVM directly. In addition, users can bridge assets between the Goerli testnet and the zkEVM to test their smart contracts and decentralized applications, or DApps.

For years, ConsenSys has been working to wrap EVM computation in zero-knowledge proofs to create a zkEVM, as opposed to creating zk-Rollups on networks separate from the EVM. Zero-knowledge technology verifies transactions on a separate layer and sends computation back to Ethereum without sending back the entire data. By simply providing proof that everything was correctly computed on layer 2 and putting a succinct proof back to the blockchain, Ethereum developers estimate that rollup solutions such as Optimism can increase scalability by upward of 100x.

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