The zkSync Era’s most recent software upgrade, v24, has been released on the mainnet without a hitch. The Ethereum Layer 2 scaling solution’s security and functionality are both aimed at being enhanced by the addition of new capabilities brought about by this upgrade. One of the greatest accomplishments of the
The decentralization process of the Ethereum Layer-2 network zkSync is now complete, and the release of the final protocol upgrade, v24, is imminent. This upgrade not only foreshadows the forthcoming token launch, but it also moves closer to delegating network management to the people. After endorsing EIP-4844 in March, zkSync
A leading name in stablecoin issuer, Circle, has announced that USD Coin (USDC) will now be compatible with zkSync, a zero-knowledge layer-2 solution built on Ethereum. Developers will be able to use USDC on a scalable and efficient platform thanks to this announcement, which took place on April 9, 2024.
The zkSync Era Ethereum Layer-2 scaling protocol has celebrated its one anniversary by showcasing its accomplishments in the last year of competing in the L2 arena. Using the twitter platform, the protocol said that since its inception on March 24, 2023, it has made many advancements, including delivering the ZK
ZkSync, the Ethereum layer-2 scaling solution, recently announced crossing the significant milestone of 35 million total transactions in a remarkable demonstration of growth and efficiency. Moreover, the transaction data comes from ZettaBlockHQ, a full-stack Web3 data platform. Bolstering Transparency with ZettaBlock Interestingly, the collaboration with ZettaBlock has amplified zkSync’s transparency
In a recent development, the engineering team behind zkSync Era, the groundbreaking Ethereum scaling solution, has acknowledged a temporary withdrawal delay experienced by a small subset of users on their network. The delay, which lasted for up to six hours, has since been rectified. Then, all pending withdrawals have either
As soon as the release of zkSync Era Mainnet on March 24, LayerZero is launched on zkSync which enables more than 30 chains. It provides interoperability for developers to build zkSync and extend their applications with the largest bug bounty program. The new chains keep coming! LayerZero is now live
The developers of zkSync, an Ethereum layer 2 scaling solution, Matter Labs, have verified that 921 Ether, worth $1.7 million, are still locked up in one of their newest smart contracts, GemstoneIDO. @GemholicECO, who ran into a problem with their smart contract on zkSync Era, has reached out to us
zkSync Era’s project sphere is expanding on a daily basis. Recently, the Era has declared partnerships with six major blockchain companies in the business. Each represents individual zones in the blockchain, like an exchange, web3 infrastructure, cross-chain platform, and so on. The wave of exciting projects building on zkSync Era
The zkSync Era mainnet alpha is now accessible to all crypto enthusiasts, according to the official statement shared by Matter Labs. After four years of development, the Ethereum layer 2 scaling network has finally been made available to users in alpha, allowing for transfers that are both quicker and less
