Overview of Hyper Chain

Hyper Chain - a L2 zkEVM alternative

What is Hyper Chain - An Ethereum L2 solution

Hyper Chain zkEVM is a decentralized solution for scalability, using Ethereum's Layer 1 security which employs cryptographic zero-knowledge proofs (ZKPs) to ensure validity and swift finality for off-chain transaction computation, also known as ZK-Rollup.

Hyper Chain is decentralized and permissionless, with a potential to scale up to 3000 transactions per second (TPS). It has successfully achieved its intended purpose of scaling payments and transfers of ERC-20 tokens during our test implementation. Its zk-Rollup transparently executes smart contracts by publishing zero-knowledge validity proofs, while maintaining compatibility with the EVM opcodes.

This documentation provides guides on:

• Background & Comparison to other zkEVM architectures

• Technology Stack - Our design approach to State Machines & Pruning

• Security

• Use Cases & Potential Applications

The documentation delves into the intricate details of zkEVM's sub-components, including the zero-knowledge Prover (zkProver), the State Machines used in the zkProver, the zkEVM Bridge smart contract, and the specialized tools that enable Hyperchain zkEVM to achieve its objectives as a Layer 2 scaling solution.

Goals - What we aim to achieve

The primary goals for Hyperchain are to build a technology stack with three ideals in mind: 1. Permissionless: The development efforts of Hyper Chain focus on achieving permissionless-ness, enabling anyone with the Hyper Chain software to participate in the network. This includes the consensus algorithm that provides opportunities for anyone to become a Sequencer or an Aggregator in the network, contributing to its decentralized nature. 2. Decentralised: Ensuring data availability is a critical aspect of decentralization, where each user possesses enough data to reconstruct the complete state of a rollup. The team is currently evaluating various configurations for data availability to prevent censorship and avoid concentration of control by any single party, with the goal of achieving a truly decentralized network. 3. Secure: Hyper Chain was deliberately designed with a strong focus on security, leveraging the security measures already established in Ethereum as a Layer 2 solution. Smart contracts within Hyper Chain require proper execution of state changes, generation of proofs to validate state changes, and on-chain availability of validity proofs for verification, ensuring robust security measures are in place.