zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year

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zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year
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zkSync Era has unveiled the 'ZK Stack' of connected custom “Hyperchains” built on top of the Ethereum Layer 2 scaling system. It will be in testnet by the end of the year.

scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK Stack.custom blockchains called yperchains, which will operate as a new layer on top of the existing layer-2 protocol. The chains will be composable and interoperable, enabling almost-instantaneous transfers of liquidity and flash loans between protocols in the system, which is not possible between L1 blockchains.

While Gluchowski expects more than 95% of DApps will still port over directly to the L2, the Hyperchains will likely be used by projects with specific requirements around privacy, speed and data availability. Games, social networks, low-latency exchanges and banks are some of the potential users.in total value locked. It now processes 20.8 million transactions per month at around 8 transactions per second, peaking at 12 TPS.

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