zkSync [ZK]
zkSync is a Layer-2 protocol that scales Ethereum using advanced zero-knowledge (ZK) cryptographic proof technology.
zkSync is a Layer-2 protocol aimed at enhancing Ethereum’s throughput while preserving its core principles of decentralization, security, and self-sovereignty. It achieves this by using ZK-rollups, which process transactions off-chain and then batch them together for submission to Ethereum in a single proof. This approach significantly boosts transaction speeds and reduces costs without sacrificing security, making zkSync a powerful solution for scaling Ethereum.
A key use case for zkSync is achieving hyper scalability in the blockchain ecosystem. Hyper scalability refers to processing an unlimited number of transactions without compromising security or increasing costs. zkSync’s ZK Stack framework supports this by enabling the creation of multiple ZK-powered blockchains that share users and liquidity, distributing the load and enhancing overall scalability. This ensures that zkSync can efficiently handle the growing demand for blockchain applications.
zkSync also prioritizes a superior user experience (UX). The protocol supports native account abstraction, allowing developers to create user-friendly applications that simplify complex processes like seed phrase management and gas fee payments. Users can schedule and automate payments, pay gas fees in any token, or have the gas fees covered for them. These features aim to make blockchain technology more accessible and intuitive, fostering broader adoption.
A key use case for zkSync is achieving hyper scalability in the blockchain ecosystem. Hyper scalability refers to processing an unlimited number of transactions without compromising security or increasing costs. zkSync’s ZK Stack framework supports this by enabling the creation of multiple ZK-powered blockchains that share users and liquidity, distributing the load and enhancing overall scalability. This ensures that zkSync can efficiently handle the growing demand for blockchain applications.
zkSync also prioritizes a superior user experience (UX). The protocol supports native account abstraction, allowing developers to create user-friendly applications that simplify complex processes like seed phrase management and gas fee payments. Users can schedule and automate payments, pay gas fees in any token, or have the gas fees covered for them. These features aim to make blockchain technology more accessible and intuitive, fostering broader adoption.
Layer 2
Current price
24h:7.96%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
58.14%All time low price
61.8%Token supply
0 ZK (0%)
21B ZK (100%)
$0
$0.136
$0
$2.85B
3.68B ZK (17.5%)