Ethereum Rising Gas Fee to be Address by the Launch of EY’s Layer 2 Tools

Ethereum Rising Gas Fee to be Address by the Launch of EY's Layer 2 Tools

The accounting firm Ernst & Young (EY) has published a zero-knowledge-proof-layer-2 protocol to solve the problem of rising transaction fees with Ethereum. The Zero Knowledge Proof (ZKP) protocol aims to realize the private transfer of ERC-20 tokens while improving overall efficiency. The project is called Nightfall 3 and combines zero-knowledge proofs with a new model […]