The zkSync rollup is a new approach to solving Ethereum's scaling issues. This is one of the first applications of zero knowledge proof technology (Zero knowledge, ZK), and zkSync is likely to be the first project to use this technology, initially having compatibility with applications on Ethereum smart contracts. When working through rollup, DeFi services and decentralized exchanges will become faster and cheaper for users.

The launch of the zkSync mainnet will mark a turning point for Ethereum, as for the first time, zkSync’s new approach to scaling will be tested in real-life conditions rather than on testnets. After the full launch of zkSync on Ethereum, transactions will be possible 10-20 times faster and cheaper than under current conditions. Scalability is critical for infrastructure. In the future, the number of applications on the ETH blockchain will multiply, and there will be a significant influx of new users, associated, for example, with a new bull market cycle and the further evolution of the crypto industry.

Matter Labs is behind the development of ZkSync. The project team includes Steve Newcomb, who founded Powerset, which was acquired by Microsoft and later became part of Microsoft Bing. Working with him is Anthony Rose, who led the engineering teams at SpaceX for several years, creating software for the Falcon, Dragon, and Starlink.

zkSync uses the ZkEVM (Zero Knowledge Ethereum Virtual Machine) virtual environment to execute smart contracts, and it is fully compatible with the existing Ethereum environment. Developers will be able to write ZK applications in the Solidity language and easily switch to zkSync after mainnet launch.

The scaling efficiency that zkSync offers can attract new projects and existing ones can transition to rollup without any problems. Over 100 projects have already expressed interest in deploying their applications on zkSync after the mainnet launch. Among them are the largest decentralized exchange Uniswap and liquidity aggregator 1inch. It is believed that if successfully launched on zkSync, services can migrate, including from other blockchains and ecosystems.

The zkSync rollup is a new approach to solving Ethereum's scaling issues. This is one of the first applications of zero knowledge proof technology (Zero knowledge, ZK), and zkSync is likely to be the first project to use this technology, initially having compatibility with applications on Ethereum smart contracts. When working through rollup, DeFi services and decentralized exchanges will become faster and cheaper for users.

The launch of the zkSync mainnet will mark a turning point for Ethereum, as for the first time, zkSync’s new approach to scaling will be tested in real-life conditions rather than on testnets. After the full launch of zkSync on Ethereum, transactions will be possible 10-20 times faster and cheaper than under current conditions. Scalability is critical for infrastructure. In the future, the number of applications on the ETH blockchain will multiply, and there will be a significant influx of new users, associated, for example, with a new bull market cycle and the further evolution of the crypto industry.

Matter Labs is behind the development of ZkSync. The project team includes Steve Newcomb, who founded Powerset, which was acquired by Microsoft and later became part of Microsoft Bing. Working with him is Anthony Rose, who led the engineering teams at SpaceX for several years, creating software for the Falcon, Dragon, and Starlink.

zkSync uses the ZkEVM (Zero Knowledge Ethereum Virtual Machine) virtual environment to execute smart contracts, and it is fully compatible with the existing Ethereum environment. Developers will be able to write ZK applications in the Solidity language and easily switch to zkSync after mainnet launch.

The scaling efficiency that zkSync offers can attract new projects and existing ones can transition to rollup without any problems. Over 100 projects have already expressed interest in deploying their applications on zkSync after the mainnet launch. Among them are the largest decentralized exchange Uniswap and liquidity aggregator 1inch. It is believed that if successfully launched on zkSync, services can migrate, including from other blockchains and ecosystems.