Altlayer's ZKsync ZKchain Public Testnet is Now Live

Altlayer's ZKsync ZKchain Public Testnet is Now Live

Altlayer (ALT), a leading Optimistic Rollup (OP) stack developer, recently announced the public release of its ZKsync ZKchain testnet. This is a major milestone for Altlayer and the broader blockchain community. ZKsync is a Layer 2 (L2) scaling solution that uses zero-knowledge proofs (ZKPs) to increase transaction throughput and reduce costs on the Ethereum blockchain. ZKPs are cryptographic techniques that allow one party to prove to another party that they know a certain piece of information without revealing that information itself. This makes them ideal for use in scaling solutions, as they can be used to verify transactions without having to process them on the main blockchain. The release of the ZKsync ZKchain public testnet is a significant step forward for the project. It allows developers to begin testing their applications on the testnet and provides a platform for the community to provide feedback on the protocol. Altlayer has also announced that it will be launching a bug bounty program for the testnet, which will reward researchers for finding and reporting vulnerabilities. The launch of the ZKsync ZKchain public testnet is a major milestone for Altlayer and the broader blockchain community. It brings ZK-based scaling solutions one step closer to mainstream adoption.