Layer 3 HYPE: Interview with zkLink CEO Vince Yang

Let's explore the trending topic of Layer 3 blockchain technology with zkLink founder and CEO Vince Yang. It aims to resolve issues Layer 2 cannot, such as scalability and reducing transaction costs for high-performance applications like gaming and derivative trading. Here's what you need to know. ●▬▬▬▬▬▬▬Chapters▬▬▬▬▬▬▬● 00:00 Intro 00:36 Understanding Layer 3 and its Importance 01:12 The Need for Layer 3 in Blockchain 02:14 Existing Layer 3 Solutions and Their Limitations 02:56 The Cost of Transactions in Blockchain 04:46 The Fragmentation Problem in Layer 2 04:51 Introducing zkLink: The First Aggregated Layer 3 07:51 How zkLink Works 09:06 The Benefits of zkLink 11:15 Understanding the Technical Aspects of zkLink 15:09 Introduction to EVM and its Speed 16:03 The Importance of a General Purpose Network 16:39 Exploring the Two Networks in One Concept 16:47 The Benefits of Nova Network 17:16 Introduction to Application Specific Networks 19:33 The Role of the Token in the Ecosystem 19:49 Building the Ecosystem and Community 25:32 The Future of zkLink and Layer 3 27:39 Closing Remarks and Future Plans 🌼 GET $30,000 in rewards on Bybit: https://partner.bybit.com/b/boxyt BingX Sign-up Bonus: https://bingx.com/invite/QP0XYB Join our Discord: https://discord.gg/UgJd5JPx3Z ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● 📲Binance Exchange: http://boxmining.co/binance 📖 Guides, tutorials and insights: https://boxmining.com/ 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave ●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬● Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ Boxmining News Website: https://www.boxmining.com/ Telegram Group: https://t.me/BoxminingFam ●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬● Twitter: https://twitter.com/boxmining Discord: https://discord.gg/9qCpqpZm8G Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬● Boxmining, including its employees, are not affiliated with and do not endorse or sponsor any token sales, initial coin offerings, initial exchange offerings and/or airdrops (the “token sales”) unless clearly disclosed. The contents of these videos are for information purposes only. Boxmining and its employees do not provide investment advice and do not take one’s personal circumstances into consideration when providing information about token sales and cryptocurrency exchanges or platforms. In light of the above, Boxmining and its employees may hold the cryptocurrencies mentioned in the videos. Please note that there are legal requirements in various countries that may restrict token sales, and furthermore, the access to, and products and services provided by any of the cryptocurrency exchanges or platforms mentioned in these videos. Consequently, the contents of this video are not directed at or intended to be accessible by persons in any jurisdiction where the extension of the availability of the materials to which you are seeking access would breach any applicable law or regulation. Decisions to participate in token sales or to buy, sell or hold cryptocurrencies, as well as the access to and use of any cryptocurrency exchange or platform involves risk. You are also responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to any such token sale, or the access to and use of any cryptocurrency exchange or platform. You must use your own judgment or consult a professional for advice on such matters.