About Virtual Labs
What is Virtual Labs?
Virtual Labs is a cryptography company with the firm belief that user experience is the single largest issue holding back web3 adoption. The Virtual team identifies these problems to specifically include latency, gas, and wallet frictions. Virtual's solution is Virtual Rollups, the first deployable omnichain rollups with sub-millisecond finality. DApps built on Virtual Rollups accomplish web2-style UX through:
Zero latency
ZeroGas
Zero wallet clicks
Full chain abstraction
This feature set is not entirely new as other blockchains have approximated seamless user experiences before. The innovation of Virtual Rollup is specifically what all other previously solutions have lacked: trustlessness.
Virtual Rollup achieves N of N Byzantine Fault-Tolerance through zero knowledge state channels. ZK state channels are similar to the Lightning Network's state channel. With both, they key advantage is self-verification.
With Virtual Rollups, the user is the node, sequencer, and validator of their own transactions. If a user sends a token, makes a bet, or trades an asset, all parties within the ZK state channel sign every message, ensuring full self-custody and the verification of their capital themselves.
Virtual Rollup's premier DApp is VDEX. VDEX is the first omnichain perpDEX with no slippage and sustainable Bitcoin yield. Virtual Rollup DApps inherits all of the features of the underlying tech, meaning VDEX is the first truly self-custodial and self-verified perpetual exchange.
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