zkTube — The best project of 2021
Have you ever imagined what technology is doing that affects our daily lives? From our smartphones, computers, office applications, games, tools, programs and many more that is created to make our lives easier. Technology itself is a boon and without it, life would be dull and development would be stale.
In this review about zkTube, I will make a comprehensive explanation on what zkTube does and what it is all about in a way that beginners could understand.
Introducing zkTube
ZkTube is a recently launched project, this is a project built and developed on layer2 using ZK-Rollup technology and zkSNARK principles. Thanks to ZkTube, the scalability by mass transmission for a single transaction is greatly improved. Zktube is Ethereum that scales with zero-knowledge proofs. It aims to be the most viable technology to enable mainstream adoption of public blockchains.
As one of the most typical Layer 2 scaling solutions, the zkTube testnet has received close attention from all parties at the beginning. Currently, more than 13,000 early users worldwide have participated in the zkTube testnet to experience the Deposit function. The Angel Right 100,000 ZKT donation plan launched at the same time was 100% subscribed within two hours, which shows the popularity of zkTube worldwide. It is growing faster than other Layer 2 related protocols, so the technical challenges in the development process are unprecedented, all technical problems encountered need to be solved carefully by the project team.
In addition, the vision of the zkTube protocol is to create a Layer 2 cross-rollup solution based on ZK-Rollup architecture, this is the first of its kind in the world. It means zkTube Labs technical team needs to acquire the most advanced and highly skilled technologies to support the system. The testnet is used as the polishing process before the mainnet launch, one of its biggest goals is to find and solve as many problems as possible, to ensure the smoothness and user experience as well as the developer environment of the mainnet. This is the biggest driving force for the team.
The zkTube framework concept is based on the Ethereum blockchain. The principle of operation is to build a level 2 network protocol. All functions, operational analysis, protocol usage and other important parameters are set up in easy-to-access language in the documentation. project. Developers are confident in the usability and improvement of existing applications. In the future, for use in the public network through production services. These include speed, safety, reliability, i.e. all that is most important and necessary for the job.
The information presented in the white paper is essentially an innovative technical model powered by the zkTube platform and constitutes an efficient network. The architecture of the unique features follows the second level blockchain standard. The platform interface is simple and user-friendly. The latest technologies and cutting-edge designs actively complement all of the team’s developments and ideas.
There are a number of current issues on the Ethereum network. One of them is system reboot and high fee, many people are working to solve this problem, as the problem is serious and should be solved in the near future. The zkTube system, with the latest zero-knowledge proof designs, offers a compromise. zkTube Labs provides a cost effective solution based on zkRollup. These are high transaction throughputs, support for scalability, assets are stored by smart contracts on the keychain, and calculations and storage are done off-chain. The proof of data of each block is updated in the main chain at a low cost.
The developed ZK-Rollup technology and PLONK algorithm allows you to combine multiple transactions into one, thus improving scalability.
Low costs are achieved due to even distribution in one installation, resulting in reduced gas consumption. Each individual transaction contains less data, thus increasing throughput.
Stored transaction data is placed in L2, which is then processed and packaged in a single block, thus creating a zero-knowledge proof. The information is sent to L1 for verification. The platform’s designed mechanism reduces gas costs and ensures safety.
ZkTube system. Combining interactions plus zero proof of knowledge, this is the ZK Rollup algorithm. Some of the programs used:
- PLONK Algorithm (No Knowledge)
- Watcher (transaction monitoring)
- Block Proposer (transaction encapsulation)
- Guardian of the State (updated)
- Commit Blocker
- zkTube Prover (test)
Flutter 2.2 is the best version of Flutter to date. The focus is on security, and there are resources on performance improvements for iOS, latency components for Android, and service updates for Flutter Web. The project includes a targeted user support solution. First of all, this is the protection of investments in cryptocurrencies.
Inference
zkTube is a huge help in the blockchain space for non-blockchain developers to collaborate on new ideas. Adoption will not be accepted if we only approach the user side using some product that is sometimes too complicated to understand and use without thinking about the logistics, the developers. With the expertise of the team, I am confident that anything is possible and that a new era of the decentralized web is coming.
WEBSITE: https://zktube.io/
AVERAGE: https://zktube.medium.com/
FACEBOOK: https://www.facebook.com/zkTube.official/
TWITTER: https://twitter.com/zktubeofficial
TELEGRAM : https://t.me/zkTubeProtocol
AUTHOR : Smallor
PROFILE : https://bitcointalk.org/index.php?action=profile;u=2806292
WALLET : 0x4875AEbA914a4a0132654E21179d24525A7Cd6F5
