Zero Knowledge (ZK) proofs are a way to share information without revealling everything. They are the basis for rollups called ZK Rollups that help Layer 2 protocols take some of the pressure, time, and pricing off of the bloated Ethereum blockchain. Ethereum’s gas fees are so high, that it’s almost impossible to move small amounts of money without using Layer 2 solutions like ZK Rollups. So in this video, we look at Hermez (who is now part of Polygon), Loopring, ZK Sync, Arbitrum One, and Optimism to look at the advantages and disadvantages of using ZK Rollups. See why it’s becoming a popular Ethereum L2 solution. JOIN ALTCOIN BUZZ ACCESS ? ➡️https://access.altcoinbuzz.io/ ⏱️ TIMESTAMPS 0:00 Intro to ZK (Zero Knowledge) Rollups 3:01 Pros and Cons 4:29 Hermez Network HEZ 5:59 Loopring LRC 6:33 zkSync 7:22 Arbitrum One 8:09 Optimism FREE TRADING SIGNALS https://t.me/AltcoinBuzzSignals ALTCOIN BUZZ CHAT https://t.me/AltcoinBuzzChat TOP CRYPTO NEWS https://www.altcoinbuzz.io FREE NEWSLETTER http://eepurl.com/dnIEz1 TWITTER https://twitter.com/altcoinbuzzio COINGECKO https://gcko.io/altcoin-buzz ► CRYPTO.COM - GET $25 in CRO https://platinum.crypto.com/r/ab ► BINANCE https://accounts.binance.com/en/register?ref=UAMKZ47P ? FREE CRYPTO PROJECT EVALUATION CHECKLIST Use this checklist to help you with the research and due diligence process for any crypto project. https://bit.ly/altcoinbuzz-checklist ➖ MUSIC ➖ The Life and Death of a Certain K. Zabriskie, Patriarch by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/... Source: http://chriszabriskie.com/vendaface/ Artist: http://chriszabriskie.com/ chriszabriskie.com ➖ DISCLAIMER ➖ The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved. #ethereum #eth #zk