ZKsync is a Layer-2 scaling solution for Ethereum, developed by Matter Labs and backed by major investors like a16z, OKX, and ConsenSys. It leverages Zero-Knowledge Rollup (ZK-Rollups) technology to enable faster, cost-effective transactions while inheriting Ethereum’s security and decentralization. ZKsync raised over $458 million in funding and plays a significant role in addressing Ethereum's scalability challenges.What is Layer 2 and Why is it Important?Layer-2 solutions, like ZKsync, are ...

ZKsync is a Layer-2 scaling solution for Ethereum, developed by Matter Labs and backed by major investors like a16z, OKX, and ConsenSys. It leverages Zero-Knowledge Rollup (ZK-Rollups) technology to enable faster, cost-effective transactions while inheriting Ethereum’s security and decentralization. ZKsync raised over $458 million in funding and plays a significant role in addressing Ethereum's scalability challenges.What is Layer 2 and Why is it Important?Layer-2 solutions, like ZKsync, are ...