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News

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

Author: Murtuza Merchant | September 29, 2023 04:54pm

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.

Also Read: Cross-Chain Interoperability Made Easy With Chainlink Protocol On BNB Chain

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

 

Posted In: $CELO

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