Let’s explore the trending topic of Layer 3 blockchain technology with zkLink founder and CEO Vince Yang. It aims to resolve issues Layer 2 cannot, such as scalability and reducing transaction costs for high-performance applications like gaming and derivative trading. Here’s what you need to know.
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00:00 Intro
00:36 Understanding Layer 3 and its Importance
01:12 The Need for Layer 3 in Blockchain
02:14 Existing Layer 3 Solutions and Their Limitations
02:56 The Cost of Transactions in Blockchain
04:46 The Fragmentation Problem in Layer 2
04:51 Introducing zkLink: The First Aggregated Layer 3
07:51 How zkLink Works
09:06 The Benefits of zkLink
11:15 Understanding the Technical Aspects of zkLink
15:09 Introduction to EVM and its Speed
16:03 The Importance of a General Purpose Network
16:39 Exploring the Two Networks in One Concept
16:47 The Benefits of Nova Network
17:16 Introduction to Application Specific Networks
19:33 The Role of the Token in the Ecosystem
19:49 Building the Ecosystem and Community
25:32 The Future of zkLink and Layer 3
27:39 Closing Remarks and Future Plans
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