DeFi

Aztec Launches New Approach “Hybrid”, The Next Generation Of zkRollup

Key Points:

  • Aztec has announced its new approach to comprehensive solutions, Aztec Hybrid zkRollup.
  • The newly introduced solution will integrate both public (public) and private (private) uses.
  • Hybrid will allow programmers to write contracts similar to the experience on Ethereum but still ensure security features.
After many notable changes, Aztec recently announced its new approach in the field of Layer-2 scaling. The solution this time introduced by the project is Aztec Hybrid zkRollup.

Aztec Labs is creating a hybrid zero-knowledge fusion designed to execute smart contracts in a private, trustless, and scalable way.

Developers built the Ethereum blockchain to optimize public consensus at the expense of privacy, and security solutions often don’t support the complex ecosystem of decentralized applications. Aztec’s hybrid zero-knowledge (ZK) roll-up solution aims to solve this problem.

The solution introduced by the Aztec will integrate for both public and private use. In parallel, information about the product development roadmap lasts until the beginning of 2024.

The project said Aztec is an environment for processing transactions, integrated with Zero-Knowledge (ZK) technology. However, Aztec insists it has no intention of moving toward zkEVM (like many notable recent projects).

Explaining this approach, the project said that the goal of “privatizing” user transactions is not always compatible with the EVM virtual machine system.

Hybrid combines the scalability of applications thanks to Ethereum’s account-based network management and UTXO mechanism, which supports the privacy assurance of many classic blockchains such as Bitcoin. With this combination, programmers can write contracts similar to the experience on Ethereum but still ensure security features.

In its current state, users can deploy private contracts on Aztec’s local system, with the public side of the technology still in the works. The team said it is currently targeting a Q3 local developer testnet and fully remote testnets at the start of next year.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Victor

Recent Posts

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

55 mins ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

2 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

5 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

8 hours ago

This website uses cookies.