Among the Layer 2 projects for Ethereum, ZKsync has emerged as a leading name, pioneering in building a solution using Zero-knowledge technology to be compatible with the execution environment through Ethereum’s EVM.
ZKsync is a layer-2 solution belonging to the ZK-Rollups group on Ethereum developed by the Matter Labs team, with the support of many large investment funds such as a16z, OKX, Crypto.com, Bybit, ConsenSys… and has raised a total of more than 458 million USD in capital.
ZKsync is a Layer 2 scaling solution for Ethereum, using Zero-knowledge Rollup (ZK-Rollups) technology. This technology allows for faster and more cost-effective transactions, while ensuring the security of Ethereum.
In addition, the ZKsync project has also successfully integrated the zkEVM solution into the mainnet to deploy the ZKsync Era in March 2023. This marks an important step forward as ZKsync takes the lead in the race to perfect zkEVM technology.
zkEVM is a virtual machine that supports Zero-knowledge proof computation, fully compatible with Ethereum’s EVM. It is an implementation of ZK technology to expand the ability to execute smart contracts on Ethereum. With this zkEVM, ZKsync can perform Zero-Knowledge Proof (ZKP) computations and is compatible with the existing infrastructure on Ethereum. Developers can also write ZK-compatible smart contracts in the traditional Solidity language of EVM.
See details: What is ZKsync? Learn about ZK token and ZK network
Translations
Vietnamese: ZKsync là gì? ZK token và ZK network