New Opportunities in the ZK Track: Eight Technological Innovations of Opside
ZK-RaaS, full hardware hosting, 0 gas fee... Those Opside technological innovations that should not be missed.Author: Opside team
The narrative of the ZK track continues to heat up in 2023.
On one hand, at the recently concluded ETH Denver conference, ZK surpassed hot topics like DeFi and NFTs, becoming the most frequently mentioned term, attracting the attention of numerous participants; on the other hand, even against the backdrop of an overall downturn in the crypto industry, positive news about the entire ZK track continues to emerge, such as Binance's high-profile announcement of the introduction of ZK technology, Scroll completing a new round of financing and about to launch its mainnet, and Polygon zkEVM signaling that its mainnet is about to launch…
Capital is undoubtedly a barometer of the market, and with major institutions like Paradigm, a16z, and Sequoia making moves, a large number of excellent developers are investing in ZK-related research, continuously accelerating the technological implementation of ZK. The Opside team has years of experience in ZK technology development and continues to actively participate in the construction of the ZK ecosystem.
As one of the ZK construction teams in the market, Opside has attracted considerable attention from various institutions and individual investors, who have inquired multiple times about Opside's development, especially regarding technological innovations. Therefore, we would like to share a few points here:
Eight Innovations of Opside:
- ZK-RaaS. Opside provides a ZK-Rollup solution, while other RaaS platforms offer Optimistic Rollup (i.e., OpStack). ZK-Rollup has advantages that OpStack does not: more secure, more trustless, and faster withdrawal speeds.
- Fully managed hardware. Based on Opside's innovative PoS & PoW hybrid consensus, the two types of hardware resources required for ZK-Rollup—data availability (analogous to hard drives) and zkp computing power (analogous to CPUs)—are decentralized and provided permissionlessly by PoS and PoW, respectively. Developers do not need to bear any hardware costs.
- 0 gas fee. Based on Opside's innovative economic model, developers pay rent for rollup slots, thereby covering the costs of ZK-Rollup. If developers wish, users do not need to pay any fees, nor do they need to hold Opside tokens; they can simply use USDC to play games.
- Fully on-chain. Thanks to extremely low gas fees and high throughput, games, financial derivatives, and social networks can be fully on-chain. For example, a perpetual contract with all order information on-chain will be more transparent for users, avoiding malicious liquidation behaviors.
- Multiple zkEVM SDK options. We have modified several zkEVM consensus layers (including Polygon zkEVM, Scroll, zkSync, StarkNet, etc.), allowing developers to freely choose the zkEVM SDK without migration costs.
- Sovereignty. Developers have sovereignty over the ZK-Rollup and can customize the rollup economic model, such as the aforementioned 0 gas fee. Developers can also freely specify the gas token for their ZK-Rollup.
- Native cross-rollup communication. In Opside, rollups are natively interoperable. Based on the rollup slot model, various ZK-Rollups will be managed by a unified system contract, having the same interface specifications and data structures, thus enabling native cross-rollup communication.
- More decentralized. The PoS & PoW hybrid consensus has a lower threshold, allowing ordinary users to participate in consensus. Opside layer 2 adopts ETH 2.0's PoS consensus, expected to have over 100k validators. As ETH 2.0 transitions from PoW to PoS, the supply of mining power in the market far exceeds demand, and Opside's PoW mechanism will attract more miners to invest their computing power into meaningful zkp calculations.
