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ChainLight Launches Relic Protocol v2 on zkSync Era for Trustworthy Data Access

  1. Home
  2. Bobs-News Categories Cryptocurrency Innovations
  3. ChainLight Launches Relic Protocol v2 on zkSync Era for Trustworthy Data Access
global 706 crypto positive
  • bob
  • 2023-08-31
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Fintech and Blockchain Startups
  • World
ChainLight, a blockchain security and smart contract audit company, has announced the deployment of its updated Relic Protocol v2 on zkSync Era, a zk-Rollup platform. This move is designed to provide developers with a trustless and efficient channel to Ethereum’s expansive historical data.The reliance of Ethereum smart contracts on third-party data has been a point of vulnerability, and Relic Protocol v2 aims to address this gap. Brian Pak, co-founder and CEO of ChainLight, commented on the launch, “Our goal is to empower developers and users to make informed, trustless on-chain decisions.” Leveraging zkSync’s cost-effective infrastructure, developers can access trustworthy data without being burdened by high fees.The integration of Relic Protocol v2 with zkSync Era is expected to redefine how developers access and utilize Ethereum’s data, emphasizing trust and cost efficiency. The Reliquary smart contract, foundational to the Relic Protocol, protects against mutable changes, and ChainLight’s method of adding new features — integrating them modularly post a time lock — ensures the protocol’s continued trustworthiness.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment positive
Relevance Score 8
People co-founder and CEO of ChainLight., Brian Pak
Companies Ethereum, ChainLight., Reliquary, zkSync Era, ChainLight
Currencies Ethereum, SpaceFi, Redlight Chain, Bitcoin
Securities None

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