@openworldex
OpenWorld Exchange
11 months
@zkLink_Official 5) Zk-rollup solutions can be customized to meet specific application requirements, such as improving transaction speed, reducing gas fees, and providing additional features. It helps OpenWorld to provide great user experience.
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@openworldex
OpenWorld Exchange
11 months
1) OpenWorld's Implementation 🕋ZK-Rollup For users to enjoy quick access, quick finality and security, OpenWorld chooses @zkLink_Official as the zk-rollup vendor and ecosystem partner. Testnet at:
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@openworldex
OpenWorld Exchange
11 months
@zkLink_Official 2) Public blockchains like Ethereum Mainnet, the most developed, safe, and decentralized environment, suffer from sluggish trade finality, low TPS, expensive gas charge, and unresolved MEV issues. It could result in low transaction speed and high transaction cost.
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@openworldex
OpenWorld Exchange
11 months
@zkLink_Official 3) For the benefit of user experience, OpenWorld chooses to use zero-knowledge rollups (zk-rollup) solution to address the challenge of low transaction speed and high cost, so that the platform ensures quick access, quick finality, and security for trading.
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@openworldex
OpenWorld Exchange
11 months
@zkLink_Official 4) Zk rollups runs computation off-chain (layer 2) and submits a validity proof to the chain (layer 1). It offers faster transaction finality, and derive security directly from mainnet, as state updates are approved once validity proofs are verified on mainnet.
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@openworldex
OpenWorld Exchange
11 months
@zkLink_Official 6) OpenWorld chooses zkLink as the zk-rollup vendor and ecosystem partner. Not only zkLink solves the transaction efficiency challenge, it also helps OpenWorld to solve the common challenge of any DEX – liquidity fragmentation, through multi-chain deployment.
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