Expert: Ethereum Can Easily Surpass Visa with This Feature - U.Today

With the Istanbul Hard Fork behind us, numerous innovations are already being implemented into the post-hard fork Ethereum (ETH) network. Zero Knowledge for Maximum Speed Iden3, a startup that is partnering with the Ethereum Foundation, published a report on how the ZK-Rollup feature can increase the speed of the Ethereum network.

ZK-Rollup (ZK refers to Zero Knowledge) is a feature that allows one to unload the main blockchain by transferring some of the data about the transaction off-chain (out of smart contracts of the initial Ethereum). In accordance with Iden3, the ZK-Rollup feature will allow more transactions to be validated in every Ethereum block.

Timeline of Ethereum