Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023 – Blockchain Bitcoin News

Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can “research and experiment with it.”

Matter Labs Discusses Roadmap’s Baby Alpha Milestone and L3 Proof of Concept

On Oct. 28, Shazia from the Matter Labs team announced that the Zksync developers have reached the roadmap’s Baby Alpha Milestone. Developers point out that the team has started the march towards Fair Onboarding Alpha as well as Full Launch Alpha. Zksync is an Ethereum L2 scaling solution similar to the project’s competitors Optimism, Arbitrum, Polygon Hermez, and Loopring. The Baby Alpha Milestone marks the “deployment of the end-to-end system to mainnet,” Shazia detailed.

Zksync developers plan stress-testing the infrastructure using various use cases, and running security audits with the Baby Alpha Milestone. The team will also run contests and bug bounty programs alongside improving “the technical documentation for Zksync 2.0.”

In addition to the Baby Alpha Milestone, Shazia mentioned the L3 proof-of-concept called “Opportunity.” Matter Labs disclosed that it would be creating an L3 scaling solution during the second week of October and it was originally called “Pathfinder.” The L3 proof-of-concept is set to launch in Q1 2023.

“Layer 2 is the first step toward scalability, developer experience, and user experience. Zksync’s EVM-compatible Layer 3 proof of concept ‘Opportunity’ will come to life in the first quarter of 2023, bringing a starfield of 10X moments to Ethereum,” the Matter Labs representative Shazia detailed. According to Shazia, the Matter Labs representative stated that they will deliver.

• Layer 2 was the foundation for the prototype Layer 3 HyperChain. This allows ecosystem members to explore and experiment.
• Get started on the development of tools for developers, such as a CLI or SDKs that will allow you to create Layer 3 and interact with it.

The news follows Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on Sept. 15, also known as The Merge. After dropping to below $2 during The Merge, Ether fees now cost 0.002ETH (or $3.31) for an average ethereum transaction.

What do you think about Matter Labs’ efforts to create an L3 proof of concept built on top of Zksync’s L2? Please comment below to let us know your thoughts on this topic.

Jamie Redman

Jamie Redman is the News Lead for Bitcoin.com News. He also lives in Florida and works as a journalist covering financial technology. Redman joined the cryptocurrency community in 2011 and has been an active member ever since. Since 2011, Redman has been an active member of the cryptocurrency community. Redman has contributed more than 6000 articles to Bitcoin.com News since September 2015. These articles are about disruptive protocols that are emerging.