@garrett
LayerZero announced their new chain Zero yesterday.
The first multi-core decentralized world computer. Each core is capable of 2 million TPS and the blockchain scales horizontally to near infinity. It aims to more scalable than Solana and just as decentralized as Ethereum while staying permissionless and censorship resistant.
Really impressive technical breakthroughs (including Jolt which is an open source RISC-V zkVM that was developed by a16z's research team).
The Zero architecture goes away from the traditional model where every validator downloads, processes, and verifies every transaction. Instead, Zero uses ZK proofs to break that model. Block Producers handle the heavy lifting: executing transactions, building blocks, and generating proofs. Block Validators just verify the proofs, making it cheap enough to run on consumer hardware.
Zero is targeting 2M TPS and block validators will be able to run on simple hardware like a raspberry pi so it should be as decentralized as Ethereum.
It's a proof of stake chain so the $ZRO token will be used for staking which is why a lot of the investors/partners have bought up the token as part of their partnerships. Zero chain is slated to go live in the fall.
We'll see how this plays out but it's really compelling overall and excited to see the LayerZero team build towards this vision.
https://x.com/LayerZero_Core/status/2021336132047294898?s=20