Succinct Labs Partners with OP Labs to Enhance ZK Rollups with OP Succinct

Quick Summary:

Succinct Labs, a zero-knowledge proof (ZK) technology infrastructure startup, has collaborated with OP Labs, the developer behind Ethereum’s layer-2 scaling solution Optimism (OP), to build an innovative zero-knowledge proof rollup solution called OP Succinct.

According to The Block, this new rollup solution brings significant improvements to transaction processing time and cost.

These improvements could help accelerate the adoption of ZK rollups, making them a more viable option for scaling Ethereum and other blockchains.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaNigerNigeria

Topics: Succinct Labs Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 06:18:40 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22466661

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Official Website: bitcoinworld.co.in

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