Switzerland-based blockchain firm Aleph Zero established a testnet for its ZK-privacy layer-2 solution zkOS with “subsecond proving times.”
The developer testnet for Aleph Zero’s zkOS EVM layer-2 solution, which can achieve “subsecond proving times” in contrast to minutes for existing solutions, is being launched by Aleph Zero.
This Swiss company specializes in creating privacy-first blockchain solutions. zkOS is based on Arbitrum Anytrust DAC, a permissioned group of parties in charge of maintaining data availability in an Arbitrum AnyTrust Protocol chain, which was developed in collaboration with Gelato, a provider of rollup-as-a-service.
“Privacy will become a major narrative in 2024 and beyond, as more mainstream use cases emerge,” said Gelato founder Luis Schliesske.
According to a press statement, the network can handle “thousands of transactions per second” by generating a block in less than 250 ms with “near-instant transaction finality.”
Further sophisticated functionalities are anticipated to be accessible by Q1 2025, while the developer mainnet is scheduled for delivery in Q3 2024. Initial benchmarks indicate that zkOS zero-knowledge proofs can be completed “in 600-800 ms on MacBooks (M1-M3 processors) using browsers like Safari or Chrome,” according to the Zug, Switzerland-based company.
Aleph Zero was established at the beginning of 2018 to enable the development of fast and private decentralized applications. Through community and public sales of its AZERO tokens and pre-seed and seed investment rounds, the company has successfully raised over $14 million.