24. September 2023

Ethereum’s zkSync Unveils Boojum: Unlocking Decentralization and Efficiency

• Ethereum scaling solution zkSync has unveiled an upgrade as part of the effort towards decentralization.
• The upgrade, called Boojum, is designed to lower the hardware barrier and allow users to participate more easily.
• It also makes transaction compressing cheaper and more accessible for everyone.

Ethereum’s zkSync Introduces Boojum

Ethereum’s scaling solution zkSync has unveiled a new upgrade, called Boojum, as part of their move towards decentralization. This upgrade includes several benefits such as lowering the hardware barrier and making transaction compressing cheaper and more accessible for everyone.

What Is Rollup?

Rollups are two varieties – zk and optimistic – that batch transactions off of the mainnet then roll them up into smaller bundles before compressing them into proof before settling on the Ethereum network. This process requires huge computing power which poses a big challenge for users to participate in.

How Does Boojum Help?

Boojum is designed to address this challenge by allowing users to participate with as little as 8 gigabytes of hardware, compared to benchmark competitors which require 500 gigabytes of RAM for a prover. Additionally, it makes transaction compressing much cheaper than before due to its low hardware requirements.

What Are The Benefits Of Boojum?

The introduction of Boojum offers many advantages including its ease of access and low cost. As most data centers back blockchain networks, this upgraded prover will be accessible to many people who wouldn’t have been able to join previously due to expensive hardware requirements. Furthermore, it helps reduce costs significantly by only requiring 8 gigabytes of GPU RAM instead of 500 gigabytes or more from other competitors.

Conclusion

In conclusion, Ethereum’s scaling solution zkSync’s latest upgrade is an important step towards decentralization that offers many benefits like lowering the hardware barrier and making transaction compressing cheaper and more accessible than ever before.