🔃zkSync Era
zkSync Era is a layer 2 rollup that uses zero-knowledge proofs to scale Ethereum without compromising on security or decentralization.
Last updated
zkSync Era is a layer 2 rollup that uses zero-knowledge proofs to scale Ethereum without compromising on security or decentralization.
Last updated
ZkSync Era is a new era of blockchain technology that utilizes zero-knowledge proofs to enable fast, secure, and low-cost transactions on the Ethereum network, while also offering scalability and interoperability with other blockchains. With its innovative approach to scaling and privacy, zkSync Era has the potential to revolutionize the way we think about decentralized finance and other blockchain-based applications, making them accessible to a wider audience of users and developers. The technology behind zkSync Era is still in its early stages, but it represents a significant step forward in the evolution of blockchain systems and is likely to play a key role in shaping the future of the digital economy.
zkSync Era is a scaling solution for Ethereum, designed to ease demand and provide a better experience for traders.
It’s a roll-up built on layer 2, a superhighway on top of the Ethereum blockchain. So when you use it, you avoid all the snarly congestion at peak times and it can process your transactions in bulk, rather than individually.
Specifically, zkSync Era is a zkEVM, which means a zero knowledge-compatible Ethereum Virtual Machine.
This means that the project can execute the smart contracts built using the Ethereum Virtual Machine – the programming environment that is used to create all logic on Ethereum – in a way that is compatible with zero-knowledge technology.
zkSync Era offers everything that Ethereum can, only faster and cheaper, all without compromising on security. This is possible as zkSync is a Layer 2 scaling solution which means it's a network built on top of Ethereum to scale the network.
Layer 2 scaling solutions, such as zkSync Era, make Ethereum transactions cheaper and faster for users, creating a far better user experience.
zkSync Era is a Layer-2 protocol that scales Ethereum using cutting-edge Zero-Knowledge (ZK) technology. The goal of zkSync Era is not merely to increase Ethereum's throughput but to fully preserve its foundational values: freedom, self-sovereignty, and decentralization – at scale.
To meet the exponential demand of Web3, blockchains must scale similarly to the Internet: processing an unlimited number of transactions without a marginal impact on security or cost. zkSync Era built property hyper scalability, and this is the ultimate goal of Era's design.
ZK-rollups like Era are the only scaling solution that can inherit 100% of Ethereum's security. But theory is not enough. zkSync is committed to going above and beyond to make Era by far the most secure L2, in practice.
Self-custody combined with intuitive, delightful, and security-fostering UX is critical to onboard the first billion users to web3. Era's design started with the end-user in mind.
Scalability: ZkSync Era uses zero-knowledge proofs to enable fast and cheap transactions, allowing for highly scalable applications.
Security: The use of zero-knowledge proofs in the ZkSync Era provides a high level of security and privacy for users, making it an attractive platform for sensitive applications.
Compatibility: ZkSync Era is compatible with the Ethereum network, making it easy for developers to build on top of existing smart contract infrastructure.
Interoperability: ZkSync Era is designed to be interoperable with other blockchains, allowing for easy integration with existing systems.
Low fees: ZkSync Era offers low transaction fees, making it an affordable option for developers and users alike.
User-friendly: The simplicity and intuitiveness of ZkSync Era's user interface make it accessible to a wider audience, including non-technical users.
Community support: ZkSync Era has a growing community of developers and users who are actively contributing to the platform and providing support to newcomers.
Decentralization: ZkSync Era is a decentralized platform, meaning that it is not controlled by any single entity or organization.
Innovation: ZkSync Era is at the forefront of blockchain technology, offering innovative solutions to some of the biggest challenges facing the industry.
Future-proof: ZkSync Era is designed to be flexible and adaptable to changing market conditions, making it a future-proof platform for building decentralized applications.
