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In recent years, the niche of Layer 2 blockchain platforms servicing the Ethereum (ETH) Layer 1 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties — optimistic and zero-knowledge (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.
Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and ZK-rollups. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique artificial intelligence (AI)–driven system of monitoring for malicious transactions.
Key Takeaways:
Zircuit (ZRC) is a Layer 2 platform that uses a hybrid design with elements of optimistic and ZK rollups, as well as unique AI-driven monitoring to detect potentially fraudulent transactions.
Zircuit's newly launched ZRC token is used for reward distributions and participation in fair token launches on the platform.
ZRC is available on Bybit's Spot market as a USDT swap pair.