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ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. ZKSync Releases SDK in Swift In a tweet on January 17, ZKSync said the goal is to make their features more accessible to developers and dApps. With
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RNS.id, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync for on-chain KYC. RNS.ID indicated in a release shared with Cointelegraph that its on-chain KYC solution is designed on a “privacy engine” to encrypt
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Other companies in addition to Matter Labs, like the research-oriented Scroll platform and the Ethereum juggernaut Polygon, are progressing on their own ZK-rollup platforms. Together, these firms represent the first cohort of a new class of so-called zkEVMS – ZK rollups which, unlike past applications of the technology (including an
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The proposal noted that if liquidity on Aave’s decentralized exchange (DEX) improves, there will be a follow-up vote to bring the DeFi protocol to the zkSync 2.0 mainnet – the production version of the system. Today, the production version of zkSync 2.0, which is still in its "baby alpha" phase,
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Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and
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Matter Labs pitches zkSync V2 as the “first” network of its kind to launch on Ethereum, but its competitors aren’t buying the hype. Source
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Uniswap is a smart contracts-based crypto exchange with its governance token, UNI, which allows users to trade, supply and borrow assets. zkSync, on the other hand, uses a novel technology called zk-rollups to offer a privacy-focused scaling solution to users, allowing for faster transactions at lower fees. Original Source
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As Ethereum scaling competition heats up, Matter Labs says it will bring the first EVM-compatible ZK rollup to market. Source
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zkSync, a provider of zero-knowledge blockchain solutions, has announced the successful deployment of its Rollup protocol on the Ethereum (ETH) testnet. The deployment is seen as a positive development by proponents of Ethereum, as it removes the need for human operators to validate transactions.Last year, the creators of zkSync described their
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Matter Labs, the organization behind Ethereum layer 2 scaling protocol zkSync, has announced a $200 million decentralized autonomous organization (DAO) backed by BitDAO, a DAO-directed treasury with a balance of more than $2.6 billion.The new zkDAO will use the capital to help expand the zkSync ecosystem through public goods and
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