The Development of Rollup Technology and Lumoz's Innovative Solutions

As the Ethereum network becomes increasingly busy, high gas fees hinder small transactions, making it crucial to improve storage efficiency and transaction throughput for the development of Ethereum. Among Layer 2 scaling solutions, Rollup has become the mainstream development direction due to its security and data validation capabilities.

Rollups are mainly divided into two categories: Optimistic Rollups and ZK Rollups. In comparison, ZK Rollups offer higher security and faster transaction confirmations, making them the main focus of Layer 2 development. However, due to the higher difficulty in technical implementation, ZK Rollups currently lag behind Optimistic Rollups in market share. How to provide standardized ZK Rollup solutions and expand their application market has become an urgent issue to be addressed.

Lumoz network is a globally distributed modular computing network dedicated to providing computing power support for ZK-Rollup, ZK ML, and more. Lumoz focuses on ZK-RaaS development, aiming to provide a complete set of ZK Rollup deployment and implementation solutions to address the current issues of incompatibility among ZK-Rollup solutions and centralization of computing power.

The Lumoz team has been deeply engaged in the ZK field since 2018, completing multiple rounds of financing over the past few years, reaching a valuation of 300 million USD. Since launching its testnet in May 2023, Lumoz has amassed a large number of nodes, several operational Rollups, and millions of transactions. In terms of technology, Lumoz has achieved several groundbreaking inventions and provides ZK computing support for Merlin chain and ZKFair.

Lumoz's technical solution includes:

1. Provide a modular computing layer, including settlement layer, execution layer, consensus layer, data availability layer, and proof layer.

2. Combine ZK computing resources with EigenLayer's re-staking mechanism to enhance the security of validation services.

3. Optimize the ZKP computation and submission mechanism, support parallel computing and sequential submission, and propose a recursive aggregation algorithm to reduce resource consumption.

4. Provide highly compatible ZK-RaaS solutions, supporting multiple networks and zkEVM types, simplifying the deployment process of ZK-Rollups.

Lumoz adopts a dual-token governance model, including the native mainnet token MOZ and the ecological governance token esMOZ. This model aims to balance the needs of network functionality and ecological development.

The emergence of Lumoz is expected to integrate the ZK-Rollup industry, optimize deployment processes, and address issues such as the centralization of computational resources, paving the way for further development of ZK-Rollups. As ZK-Rollup technology continues to mature, Lumoz may become a key force in promoting the widespread adoption of this technology.