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kotaksecurities com for Indians for beginners ✌️【Interview】✌️Start with ₹500 and earn reliable, high returns each and every month!Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with ZKsync technology developed by Matter Labs.The chain will be "a public and permissioned L2," Omar Azhar, the head of business development at Matter Labs, told CoinDesk over Telegram.

kotaksecurities com for Indians for beginners ✌️【Interview】✌️Invest ₹500 and experience exponential growth every month. Safe, smart, profitable!When asked to elaborate, he referred a reporter to another participant in the project, Memento Blockchain, which did not immediately respond to a request for comment.

Generally "public permissioned" means anyone can see what's happening on the network but only authorized participants can do certain things.The project is a sign of a renewed interest in blockchain technology among institutions, as prices for various cryptocurrencies reach all-time highs.

It also echoes the private enterprise blockchains that were in vogue nearlya decade ago.

kotaksecurities com for Indians for beginners ✌️【Interview】✌️From ₹500 to massive profits. Start investing now for high returns!Those systems were disconnected from public chains like Ethereum and Bitcoin, though they sometimes borrowed code from them.According to the Bloombergreport, the bank is creating the layer-2 network in order to address regulatory compliance issues that come with public blockchains in finance.

(Regulated institutions have to know who they are dealing with, which is hard in completely open networks like the main Ethereum chain).

kotaksecurities com for Indians for beginners ✌️【Interview】✌️Get started with ₹500 and unlock huge returns every month.The bank believes that by creating a layer-2 on top of Ethereum, it will improve the speed of transactions as well as address those compliance needs.kotaksecurities com for Indians for beginners ✌️【Interview】✌️Invest ₹500 and enjoy exponential growth with minimal risk.