Ex-Goldman Sachs and Morgan Stanley exec joins OpenZK Network as co-founder
Author: Content Editor
Dave Sandor, former executive director at Goldman Sachs and Morgan Stanley, has announced his new role as co-founder at OpenZK Network, a solution designed for ZK-Rollup scaling. OpenZK Network is focused on improving the performance, security, rewards, and user experience of Layer 2 solutions. Sandor's financial expertise is expected to guide OpenZK's strategic growth and development. ZK-Rollups are important for solving blockchain scalability, cost, and privacy issues by using off-chain transactions validated with zero-knowledge proofs. They offer improved privacy and are suitable for privacy-concerned applications. However, they also have disadvantages such as complex development and data availability issues. Sandor's position at OpenZK can address these challenges and promote mass adoption of ZK-Rollups. Additionally, OpenZK has become the first native to support Ethereum staking and stablecoin staking on its L2 scaling solution.