Author: Opside team
The ZK track narrative continues to heat up in 2023.
On the one hand, at the just-concluded ETH Denver conference, ZK surpassed hot topics such as Defi and NFT to become the most frequently appearing word, attracting the attention of many participants; on the other hand, even under the background of the overall downturn in the crypto industry, there are constant good news in the entire ZK track, such as Binance’s high-profile announcement of the introduction of ZK technology, Scroll’s completion of a new round of financing and the upcoming launch of the mainnet, and Ploygon zkEVM’s release of the signal that the mainnet is about to be launched...
Capital is undoubtedly the vane of the market, and with the layout of large institutions such as Paradigm, a16z and Sequoia, a large number of excellent developers are investing in ZK-related research, constantly accelerating the implementation of ZK technology. The Opside team has many years of experience in ZK technology development and continues to actively participate in the construction of the ZK ecosystem.
As one of the ZK construction teams in the market, Opside has attracted the attention of many institutional and individual investors, and has received many inquiries about Opside's development, especially its technological innovations. So I would like to share some of them with you here:
Opside's eight innovations:
ZK-RaaS. Opside provides the ZK-Rollup solution, while other RaaS platforms provide Optimistic Rollup (OpStack). ZK-Rollup has advantages that opstack does not have: more secure, more trustless, and faster withdrawal speed.
Full hardware hosting. Based on Opside's innovative PoS & PoW hybrid consensus, the two hardware resources required by ZK-Rollup: data availability (analogous to hard disk) and zkp computing power (analogous to CPU) are decentralized and provided without permission by PoS and PoW respectively. Developers do not need to bear any hardware costs.
0 gas fee. Based on Opside’s innovative economic model, developers pay for the rental of rollup slots, thereby bearing the cost of ZK-Rollup. If developers wish, users do not need to pay any fees or even hold Opside tokens, as long as they have USDC, they can play the game.
Fully on-chain. Thanks to extremely low gas fees and high throughput, games, financial derivatives and social networks can be fully on-chain. For example, a perpetual contract with all pending order information on-chain will be more transparent to users and avoid malicious liquidation and other behaviors.
Multiple zkEVM SDKs are available. We have transformed multiple zkEVM consensus layers (including Polygon zkEVM, scroll, zkSync, StarkNet, etc.), and developers can freely choose zkEVM SDKs without migration costs.
Sovereignty. Developers have sovereignty over ZK-Rollup and can customize the rollup economic model, such as the 0 gas fee mentioned above. Developers can also freely specify the gas token of their ZK-Rollup.
Native cross-rollup communication. In Opside, rollups are natively interoperable. Based on the rollup slot model, each ZK-Rollup will be managed by a unified system contract. They have the same interface specifications and data structures, thus enabling native cross-rollup communication.
More decentralized. PoS & PoW hybrid consensus has a lower threshold, and ordinary users can also participate in the consensus. Opside layer 2 adopts the PoS consensus of ETH 2.0 and is expected to have more than 100k validators. As ETH2.0 shifts from PoW to PoS, the supply of miners' computing power in the market far exceeds the demand. Opside's PoW mechanism will attract more miners to invest their computing power in meaningful zkp calculations.
