Back

LaChain to Transition from L1 to L2 on ZKsync Elastic Network

LATAM-focused blockchain by Ripio will cease L1 operations on Nov. 30, shifting to a ZKsync-based L2 to enhance scalability and interoperability.

ZK

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Layer 1 (L1): The base layer of a blockchain network, responsible for processing and finalizing transactions without relying on another network.
  • Layer 2 (L2): A secondary framework or protocol built on top of a Layer 1 blockchain to improve scalability and transaction speed.
  • ZKsync: A zero-knowledge rollup protocol on Ethereum designed to scale transactions efficiently while maintaining security and decentralization.