ChainCatcher news, according to The Block, Zerion has launched its Ethereum Layer 2 network ZERO Network, allowing Zerion Wallet users to be exempt from Gas fees when trading, minting, exchanging, and cross-chain transactions.ZERO Network is built on ZKsync technology and is part of the Elastic Chain ecosystem, utilizing a dynamic scoring system "Onchain DNA" to assess whether an address qualifies for Gas-free transactions.Zerion also announced that it has secured an undisclosed amount of funding from angel investors, including Cooper Turley, Spencer Noon, Yearn chief developer Banteg, Alex Gluchowski, Patricio Worthalter, and NBA player Duncan Robinson. According to the project, angel investors from companies such as Lido, Daylight, Celestia, ETHGlobal, and OpenSea also participated.

ChainCatcher news, according to The Block, Zerion has launched a testnet for its Layer 2 Rollup project ZERO Network. This testnet is developed using the ZKSync software package ZK Stack and will become part of the ever-expanding ZKSync ecosystem in the future. The ZERO mainnet is planned to be launched later this year.

ChainCatcher news, according to The Block, the crypto wallet Zerion is developing an Ethereum Layer 2 network called ZERO Network, which is planned to launch at the end of the second quarter or the beginning of the third quarter this year. Its unique selling point is that the network will be free to use, and the project team hopes to improve the user experience through fee subsidies.Zerion co-founder Evgeny Yurtaev stated that there should be no fees for users, and Zerion plans to sponsor millions of transactions with tens of thousands of dollars. After the Dencun upgrade, this number is expected to be even lower, and having its own network will enhance Zerion's visibility and bring additional revenue.When asked about the technology stack on which the Layer 2 network will be based, Yurtaev mentioned that Zerion is working with unspecified partners and will launch once ready, but discussions are still ongoing regarding which data availability layer will be used.

ChainCatcher message, the official announcement from zkLink integrates with the Layer Zero network to further decentralize and enhance the omnichain security design. It is reported that zkLink has a secure multi-chain transaction mechanism in the cryptocurrency industry, which can minimize the risks for dApp users. (Source link)