zkSync Assets & Balances
In this article, let’s take a look at how zkSync is currently holding the assets. How they are represented on L1 and on L2(s) - as there are more chains in the zk chain ecosystem now. When you ‘deposit’ assets into L2, the original asset on L1 is getting ‘locked’ in the bridge contract, and you receive a ‘wrapped’ asset on L2 chain. When you ‘withdraw’ the process goes in opposite direction - you ‘burn’ your wrapped asset on L2, and this gives you the possibility to ‘claim’/’transfer’ the ori...
zkSync Assets & Balances
In this article, let’s take a look at how zkSync is currently holding the assets. How they are represented on L1 and on L2(s) - as there are more chains in the zk chain ecosystem now. When you ‘deposit’ assets into L2, the original asset on L1 is getting ‘locked’ in the bridge contract, and you receive a ‘wrapped’ asset on L2 chain. When you ‘withdraw’ the process goes in opposite direction - you ‘burn’ your wrapped asset on L2, and this gives you the possibility to ‘claim’/’transfer’ the ori...
