LayerZero unveils ‘Zero’ chain, with Citadel, ARK backing

Zero is scheduled to launch in the fall of 2026 and LayerZero Labs claims it can scale up to two million transactions per second by leveraging zero-knowledge proofs and Jolt.
Blockchain company LayerZero Labs is planning to launch its own layer-1 blockchain named “Zero” with backing from ARK Invest and Citadel Securities, and targeting institutional financial markets.
Zero will launch in the fall of 2026, according to an announcement on Tuesday from LayerZero Labs, which also created and maintains the cross-chain messaging protocol LayerZero.
The firm said it will be scalable to two million transactions per second by leveraging zero-knowledge proofs and zero‑knowledge virtual machine Jolt to bypass “the fundamental replication requirement,” which constrains “blockchains to fewer than 10,000 transactions per second.”
Source: Cointelegraph →Related News
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