Matter Labs launches 'Elastic Chain'

Matter Labs has launched a new roadmap called ZKsync3.0, which aims to make the ecosystem more interconnected, including a new "elastic chain" that is somewhat similar to the AggLayer released by competitor Polygon earlier this year. Matter Labs stated that the elastic chain is a mathematically protected ZK chain (rollups, validiums, and volitions) network that is infinitely scalable and seamlessly interoperable under a unified and intuitive user experience.