Coinspeaker
ConsenSys Launches zkEVM Network for Private Beta Testing
ConsenSys has launched its zero-knowledge Ethereum Virtual Machine (zkEVM) private beta testnet to scale Ethereum (ETH). The New York-based blockchain software tech company heralded this initiative yesterday via a blog post. ConsenSys says it will begin a zkEVM beta testnet internal testing next week and onboard external users to the Layer 2 zk-rollup from January next year.
The software has received more than 150,000 sign-ups so far, and a wide range of participating Web3 protocols. These include stablecoins, decentralized finance (DeFi), the non-fungible token (NFT) marketplace, gaming, and social. According to ConsenSys:
“Testnet participants can also bridge tokens, transfer tokens, and interact with deployed dApps listed on our upcoming ecosystem portal page. We intend to learn whether the developer experience of the zkEVM has the potential to accelerate innovation in Web3 and will be evaluating feedback from
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