ZKSwap will start the last round of the testnet incentive program to encourage users to test the Liquidity Mining, Proof of Transaction-fees, and Smart Contract Staking.
The ZKSwap development team has also completed the GPU version of the plonk algorithm, and the prover server TPS will be greatly improved. The GPU version of the plonk algorithm will also be deployed when the mainnet is launched.
At present, the team focuses on the aggregation of layer-2 zero-knowledge proofs. Unlike a single submission of proofs to the Ethereum network, ZKSwap will aggregate multiple zero-knowledge proofs on layer-2 first and then submit the proof to layer-1 so that more layer-2 transactions can be included. For example, each submission can contain 200–500 layer-2 transactions, which will greatly reduce the gas cost of interaction between the system and layer1.
After the mainnet goes live, ZKSwap will further develop a distributed zero-knowledge proof network, and layer-2 privacy payment tools with initial support to USDT’s layer2 privacy payment, a privacy exchange protocol (all swap processes are fully private), and will also support ERC721 and NFT token Swap in the future.