The mission continues. More projects are joining the zkEVM revolution on zkSync every week, and we’re excited to share another five updates from our fast-growing ecosystem. #jointhemission
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iZiSwap Pro from @izumi_Finance is now live on zkSync 2.0 testnet, bringing their AMM-driven, hyper capital-efficient orderbook DEX to zkSync.
The primary lending platform of @fringefinance’s decentralized financial ecosystem is coming to zkSync 2.0. Below, they explained why they're excited to leverage the scalability and low fees of zkSync.
RaisePay Wallet, a native smart contract-based wallet, was announced by @raise_fi, aiming to revolutionize the Web3 wallet market by leveraging the native account abstraction and scalability of zkSync 2.0.
ICYMI, last week we announced that zkSync will collaborate with @buidlbox in the coming months to create community-first hackathons for zkSync builders. Find out more at our blog below.
In this week’s #securingthemission, we’re walking through the security benefits of EVM compatibility on zkSync 2.0.
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EVM compatibility is a spectrum with trade-offs between high compatibility (easy to redeploy from L1) and high performance (quick to generate ZK proofs). The more compatible with L1, the lower the performance and vice versa.
We designed zkSync 2.0 for high performance but specifically chose to maintain source code compatibility (Solidity and Vyper), which comes with added security benefits.
New year, same mission. With 2023 underway, we continue to be amazed by the wave of projects supporting zkSync. Here are another five updates from our fast-growing ecosystem. #jointhemission
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We recently announced that @RNS_global had integrated with zkSync for on-chain KYC. Seems like we aren’t the only fan of the world’s first sovereignty-backed digital ID, with @VitalikButerin joining the RNS.ID family.
Following on from the initial audit from @OpenZeppelin, a second audit report from @secure3io has confirmed that our zero-compromise approach to security continues, with all initial audit findings fixed and zero critical issues so far.
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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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.
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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