The Ethereum ZK Rollup expansion solution developed by iden3, Hermez, is expected to go live on the mainnet this year

The Ethereum expansion solution technical team iden3 launched the expansion network Hermez based on the ZK Rollup concept. Hermez is currently under active development, and the team expects to launch on the mainnet this year. Hermez’s features include the ZK Rollup expansion solution using zero-knowledge proofs, which can ensure the availability of data on the chain. According to the team’s estimation, the Ethereum network can be increased to 2000 transactions per second.