Zktube- A Great Unprecedented Solution That Will Revolutionize Cryptocurrency

3 min readJul 26, 2021

People often try to have a clear and safe network in their personal lives so that they can reach major transactions with a planned program. The original program’s output would be incomprehensible to the program receiving it. As a result, whether the protocol is proprietary or public, all programs must adhere to the same standards.

Essentially, data Protocol enables connected devices to communicate with one another regardless of differences in internal processes, structure, or design. Network protocols enable you to communicate with people all over the world and thus play an important role in modern digital communications. To demonstrate the network protocol and how it works with zkTube in practical life, you have to read the whole article.

Ethereum and zkTube

Ethereum is a decentralized, open-source, and distributed computing platform that enables the creation of smart contracts and decentralized applications, also known as dapps. Smart contracts are computer protocols that facilitate, verify, or enforce the negotiation and performance of some sort of agreement.

Throughput and Scalability

Each transaction contains less data, thereby improving the throughput and scalability of L2. You can directly use the L2 account balance to transfer directly, and you do not need to wait for the confirmation at the L1 layer to arrive. In this process, users can freely use their balance, but in the end, it is necessary to complete the final certainty at the L1 through a Zero-Knowledge proof mechanism.

The Ecological Value to ETH

By using the underlying protocol of zkTube, the ETH Gas charge is reduced, and user transactions at Layer 2 are more frequent than previously at Layer 1, thus solving the problem of ETH congestion. In addition, applications that require high TPS or related functions have been solved on zkTube Layer 2. when the Mainnet is launched, zkTube will provide the underlying protocol support services to users and applications vendors based on the zkTube Protocol, which will enable better migration of applications and contracts on Layer 1. This is what zkTube desperately needs, the idea is to build an ecosystem-based on ETH Layer 2.

Exceptions in zkTube

Every deal in this zkTube is signed and authorized by Ethereum, so we handled the signature in particular. The user must have a key pair in ZkTube when making a transaction in the networking wallet of zkTube. The object Signer handles the keys of zkTube. These keys can be created using a specific message’s Ethereum signature. By default, this method is used if the user does not provide the signer and the key is created by alternative methods.

Zktube is an excellent project for learning about this protocol in the context of a network. Please keep in mind that many L2 solutions currently only address the issue of scaling/fees in relation to value transfers (ethers, EIP20 tokens, etc.) and do not address any other use cases that smart contracts could be used for. I believe we should wait until Ethereum is sharded. For that, everyone should stick to zkTube.