The mission continues. We’ve been amazed by the wave of projects joining our platform, and it shows no sign of slowing down. Here are another five updates from our fast-growing ecosystem. #jointhemission
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@storj announced its support for zkSync, enabling storage node operators to receive payments with minimal gas fees, and making decentralized cloud storage more economical and efficient.
@Footprint_Data detailed their support for zkSync ecosystem projects, offering data and analysis tools to make blockchain accessibility a reality for even more users.
@BCwareIO announced their collaboration with zkSync, providing an industrial-grade Web2/Web3 integration and workflow automation platform for our ecosystem to accelerate Web3 innovations.
@CryptoMazeApp detailed why they think the EVM-compatibility, open-source ethos, and native Account Abstraction of zkSync 2.0 will make it the only true choice for the Web3 gaming ecosystem.
In an interview with @dao_times, @anthonykrose, Head of Engineering at Matter Labs, shared some insights on how zkSync is advancing Ethereum scalability.
zkSync is a Layer 2 rollup that uses advanced cryptography called zero-knowledge proofs to scale Ethereum without compromising on security and decentralization. zkSync is EVM compatible, which means that projects deployed on Ethereum can easily build on zkSync.
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zkSync is one of the few protocols to support account abstraction. AA provides devs with additional flexibility with how they design their apps and allows for things like the development of smart wallets that can reduce the friction of interacting with a blockchain.
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We’re excited to share that our team has won an award in @z_prize Open Division category for Accelerating MSM Operations on GPU/FPGA. Here’s a little bit about our submission and how we’ll use it to continue #scalingthemission.
An essential part of ZK computations is multiscalar multiplication (MSM), which needs to be fast. Our solution, built by @RoBiK@michaelcarilli achieved a latency of just 2.528 seconds and won the prize for the fastest MSM using GPUs.
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Since MSM is critical to zero-knowledge computation, efficiency in this area will help zkSync 2.0 reach its true potential and unlock more use cases than we can imagine.
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As we continue #scalingthemission, we want to highlight our Paymaster feature and how it can improve user experience.
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A paymaster is a smart contract that can pay for transactions for its users, executing any logic to decide whether it should forward a transaction. For example, developers can allow users to run transactions for free or pay in your application's ERC-20 token instead.
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The paymaster feature was first included as an extension of the Account Abstraction EIP (EIP-4337). zkSync supports AA natively, although our implementation has some core differences from the original proposal. Read more about them here: v2-docs.zksync.io/dev/developer-….
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The mission continues. We’ve been amazed by the wave of projects joining the zkEVM revolution on our platform, and it’s not slowing down. Here are another five updates from our fast-growing ecosystem #jointhemission
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@CelerNetwork, already integrated with zkSync 2.0 testnet, confirmed the additions of asset bridging and message passing at zkSync’s Fair Launch Alpha Milestone.
@muxprotocol announced that their multi-chain native DeFi protocol is now live on zkSync 2.0 testnet, bringing zero price impact, up to 100x leverage and no counterparty risks to the platform.
1) Raised $200M and now have a total of $458M in mission-driven funding 2) Decided to go FULL OPEN SOURCE at our next milestone 3) Reserved ⅔ of a potential future token for the ecosystem 4) Formed a partnership with @OpenZeppelin
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2/8 @the_matter_labs has now raised a total of $458M consisting of the new $200M Series C round co-led by @blockchaincap & @dragonfly_xyz, $200M in our previously announced ecosystem fund, $50M Series B led by @a16z & $8M in Series A & Seed.
3/8 We are proud to announce that, in case of any potential future token release, ⅔ will be reserved for our ecosystem, subject to equitable and transparent distribution. #jointhemission
We just released a new CLI tool to help you kick-start new projects and interact with zkSync 2.0. Details below 🧵 #scalingthemission
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For now, the CLI tool provides commands to:
• Scaffold a new project.
• Deposit ETH from Goerli testnet to zkSync 2.0.
• Withdraw ETH from zksync 2.0 to Goerli testnet.
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To start a project with all relevant dependencies and configurations set up, run “zksync-cli create <project name>”. The newly created project also contains a basic smart contract with tests that you may use as a reference when writing your logic.
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