Zerion is winding down ZERϴ Network, the gasless EVM-compatible rollup it launched in November 2024 built on the ZKsync ZK Stack. The team will shift focus to its core wallet and API products. ZERϴ was built to offer zero-gas transactions for Zerion wallet users via an open paymaster. It aimed to address the barrier of gas fees.

Bridging into ZERϴ Network has been disabled. Outbound bridging remains open until July 31, 2026, after which block production stops. Users with assets on ZERϴ are urged to bridge out their funds immediately.

Zerion XP and levels earned through the network's rewards program will remain preserved.

• ZERO Network Testnet Goes Live

ETHConf lands in NYC June 8-10, bringing together 5,000+ attendees, 150+ speakers, and 100+ companies across Ethereum, stablecoins, and institutional adoption.

Get your tickets at ethconf.com and use code ETHDAILY for 30% off General and 20% off VIP.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

L2BEAT confirmed that the emergency withdrawal mechanism, also known as the escape hatch, works on Lighter, an application-specific perpetuals-focused ZK rollup on Ethereum. L2BEAT independently regenerated and verified that all ZK circuits used by Lighter work.

The verification centers on Lighter's Desert mode, a failsafe triggered if the sequencer goes offline or misbehaves, allowing users to generate ZK proofs of their L2 account state and withdraw funds directly on Ethereum mainnet without depending on team involvement. The exit only works if the desert verifier contract on L1 matches the circuit source code, which Lighter recently published.

ETHConf lands in NYC June 8-10, bringing together 5,000+ attendees, 150+ speakers, and 100+ companies across Ethereum, stablecoins, and institutional adoption.

Get your tickets at ethconf.com and use code ETHDAILY for 30% off General and 20% off VIP.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

ConsenSys open-sourced the Linea Stack under Apache-2.0/MIT licensing and its control to the Linux Foundation Decentralized Trust under a new name, Lineth. Lineth covers the full L2 pipeline, EVM-equivalent execution built on Besu, the Maru consensus client, a ZK proving stack using gnark, and onchain Ethereum contracts for proof verification and bridging.

Anyone can now use Lineth to deploy a production-grade ZK rollup. Linea Mainnet remains under Consensys control and is targeting Stage 1 decentralization this month, a RISC-V prover transition in Q3, and real-time proving by the end of the year. Linea holds over $450 million in value secured.

ETHConf lands in NYC June 8-10, bringing together 5,000+ attendees, 150+ speakers, and 100+ companies across Ethereum, stablecoins, and institutional adoption.

Get your tickets at ethconf.com and use code ETHDAILY for 30% off General and 20% off VIP.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created