Phala Network has extended its reach from Polkadot to Ethereum by introducing a new Layer 2 network. This strategic move in partnership with Succinct Labs and Conduit highlights Phala’s focus on expanding Ethereum’s Layer 2 capabilities, key to their cryptographic computing solutions aimed at the largest smart contract platform in the world.
The new Layer 2 rollup uniquely combines optimistic rollup and ZERO-knowledge proof technologies. This advancement enhances optimistic rollups, benefiting particularly those built on the OP Stack by integrating Succinct Labs’ ZERO-knowledge proof technologies, thereby significantly improving the system’s efficiency and security.
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