zkOmnichain: The Cornerstone of Web3's Future

With the development of blockchain technology, we are transitioning from the single-chain era to the multi-chain era, and the zkOmnichain full-chain interoperability protocol represents a greater future. Although market attention is currently low, the importance of zkOmnichain should not be overlooked.

As the current dominant regional blockchain platform, Ethereum's market share is gradually declining. Data shows that Ethereum's TVL share has dropped from a peak of 59.24% in February 2023 from a high in August 2020. With the development of Layer 2 solutions, emerging public chains, and cross-chain ecosystems, it is expected that Ethereum's market share may remain below 50% in the long term after 2025.

In a multi-chain environment, there are three main paths for applications to achieve full-chain coverage: interoperation with each chain through intermediate consensus protocols, cross-chain using optimistic mechanisms (Optimistic), and adopting zkOmnichain protocols based on zero-knowledge proofs. Among them, the zkOmnichain solution is the most promising, with representative projects including Electron, Polymer, and Succinct.

Compared to other solutions, zkOmnichain has significant advantages. It does not rely on intermediary chains or oracle services, nor does it use intermediary tokens or derivative tokens, but instead achieves decentralization and trustlessness through rigorous mathematical and cryptographic proofs. This approach is closer to the peer-to-peer communication concept of the Bitcoin network.

The full-chain applications based on zkOmnichain will bring several changes: reducing the operating costs of verification nodes, enabling native tokens to be transferred directly across chains, and improving network resilience. This application model is expected to become the mainstream deployment method in Web3 within the next three years.

zkOmnichain, as a key technology connecting various blockchain networks, is as important as the WAN ( in the development of the internet. The core standard for evaluating such protocols lies in whether they truly achieve decentralization and trustlessness, which is the foundation for building the Web3 world.

With the maturation of technology, we will see a prosperous development of various applications based on zkOmnichain, including full-chain AMM, lending, social finance, NFTs, and more. zkOmnichain is paving the way for the future of Web3 and deserves more attention and research from the industry.

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