Web3 ecosystem developer ConsenSys unveiled its zero-knowledge Ethereum Virtual Machine (zkEVM) network for private beta testing via a blog post on Dec. 13. ConsenSys developed and managed the decentralized application network. Developers can deploy and manage applications using tools like MetaMask Truffle, Infura, and Truffle just like they would use the EVM directly. Additionally, users have the ability to bridge assets between zkEVM and Goerli testnet in order for them to test their smart contracts, as well as decentralized applications, called DApps.
“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 the community to inform our next step.”
ConsenSys worked for years on wrapping EVM computations within zero-knowledge proofs. This was in order to create a new zkEVM. Zero-knowledge technology verifies transactions at a different layer and sends computation back without sending the whole data. Ethereum developers have estimated that rollup solutions such Optimism could increase scalability by up to 100x by simply proving that everything was correctly computed at layer 2.
Roll up, roll up!
We are proud to announce ConsenSys’ private beta release for ConsenSys’ ZkEVM testnet. It is now available on @Infura_io
Register below https://t.co/hKtsvoPaTG
— ConsenSys (@ConsenSys) December 13, 2022
In January 2023, user onboarding will begin for the new ConsenSys EVM. ConsenSys stated that there are no details on how early testers will receive rewards or if tokens tied to the new ConsenSys zkEVM will be issued.