Introduction to zkSync
zkSync is a trustless Layer 2 protocol designed for scalable, low-cost payments on Ethereum, powered by zkRollup technology. Developed by Matter Labs, it prioritizes security, user experience, and developer efficiency. The protocol launched its Version 1.0 on Ethereum's mainnet on June 15, 2020, achieving a throughput of ~300 TPS.
Key Features of zkSync
- Security: Built on ZK Rollups, ensuring funds are held on the mainchain while computations are performed off-chain. Validity proofs guarantee transaction integrity.
- Usability: Real-time transactions with subsecond consensus, backed by validator security bonds.
- Liveness: Roles like Validators (block production) and Guardians (censorship resistance) maintain protocol efficiency.
- Programmability: Supports Solidity (via zkEVM) and Zinc, with future upgrades enabling arbitrary smart contracts.
👉 Explore zkSync’s latest developments
zkSync 2.0: The Future
Matter Labs is advancing zkSync 2.0, aiming for:
- Smart Contract Flexibility: Full support for Solidity and Zinc.
- Throughput Boost: Targeting 20,000+ TPS via zkPorter, combining sharding and zkRollups.
Architectural Guarantees
- Validators cannot corrupt state or steal funds.
- Users can always withdraw funds without validator cooperation.
- Offline safety: Funds remain secure even if validators become inactive.
ZK-USDT Live Summary
Today’s ZKUSDT Price:
- Value: 0.052800 USDT
- 24-Hour Volume: 106,175,158
- 24-Hour Change: -5.882%
FAQ Section
1. What is zkSync’s primary use case?
zkSync enables low-cost, high-speed transactions on Ethereum using ZK Rollup technology, ideal for payments and DeFi.
2. How does zkSync ensure security?
Funds are secured on Ethereum’s mainchain, with validity proofs verifying off-chain transactions.
3. When will zkSync 2.0 launch?
While no exact date is confirmed, Matter Labs is actively developing zkSync 2.0 for enhanced scalability and smart contract support.
👉 Learn more about Ethereum Layer 2 solutions
Conclusion
zkSync bridges Ethereum’s scalability gaps with ZK Rollups, offering a secure, user-friendly Layer 2 solution. Stay updated on ZKUSDT price trends and protocol upgrades for optimal engagement.