Each Presto L2 comes with pre-built in Bridge to the rootchain (L1), protected by zk proofs.
A blockchain bridge is a technology that enables the transfer of digital assets or data between different blockchain networks. It acts as a connection or link between two or more blockchains, allowing them to communicate and interact with each other.
When using a bridge in the context of ZK-rollups, such as Presto layer 2, the bridge serves as a connection between the layer 2 (L2) ZK-rollup and the root chain or layer 1 (L1) blockchain.
The main purpose of a blockchain bridge is to facilitate interoperability and enable the seamless transfer of assets or information across different blockchain platforms. It helps overcome the limitations of isolated blockchains and opens up opportunities for cross-chain transactions and collaborations.
With Presto Platform users can deploy their own zkEVM Rollup on either the Ethereum network or the Gnosis Chain. This rollup will form the basis for creating bridges and achieving scalability.
Blockchain bridges typically consist of a set of smart contracts or protocols that establish trust and enable the secure transfer of assets between blockchains. These bridges ensure that the transferred assets maintain their integrity and security throughout the process.
By using a blockchain bridge, users can leverage the unique features and capabilities of multiple blockchain networks. For example, transfer tokens from one blockchain to another, access decentralized applications (DApps) across different chains, or take advantage of specific functionalities provided by each blockchain.
Blockchain bridges play a crucial role in the development of decentralized finance (DeFi) applications, as they enable the movement of assets between different blockchain-based financial protocols. They also facilitate cross-chain collaborations in various industries, such as supply chain management, gaming, and healthcare.
In summary, a blockchain bridge acts as a vital infrastructure component that fosters interoperability and connectivity among different blockchain networks. It enables the exchange of assets, data, and functionalities, expanding the possibilities and potential of blockchain technology.
Blockchain rollups consolidate multiple transactions, processing these transactions off-chain and only forwarding the resultant data to the root chain that can enhance the network's transaction throughput and reduce the cost.It reduces the on-chain transaction load and improves scalability by bundling multiple transactions into a single proof.
ZkRollups facilitate scalability of chains by relocating computation from L1 to L2.
In Presto we will provide the following options:
zkEVM Validium (Proofs on L1): recommended for testing and simple games
zkEVM Rollups (Proofs and DA (data availability) on L1): recommended for projects requiring higher security.
Presto offers easy access to blockchain bridges by facilitating the setting of ZK-rollup. This solution enables quick and effortless deployment of a ZK-EVM rollup, a powerful scaling solution, on either the Ethereum network or the Gnosis Chain. Where you can within minutes get started with:
Deploying private ZK-rollups
Access to block explorers, KYC, indexers & more
L2s & L3, rollups & validiums