Hermez Network – Ethereum’s layer 2 scaling solution – has launched!

Hermez Network – Ethereum’s layer 2 scaling solution – has launched!

Reading Time: 2 minutes Ethereum Layer 2 network, Hermez, was launched on the Ethereum mainnet on 24 March 2021. Hermez network uses zk-rollup technology that will facilitate fast and cheap transactions. It aims to reduce gas costs by around 90%. Hermez Network, Ethereum’s layer 2 scaling solution that uses zk-rollup technology, has gone live starting…