Hermez Network Announces The Launch Of Its Zk-Rollup Mainnet Release
Hermez Network has announced the launch of its zk-rollup mainnet release, as the network is now open for users, who can benefit from the rollup’s much lower transaction costs than Ethereum. It has been reported that zk-rollups use zero-knowledge proofs to verify the correctness of a large batch of transactions. An outside ecosystem executes these transactions and generates proofs for them, which are then posted directly on the Ethereum blockchain. However, the result is a sav