The mission continues. The wave of projects joining zkSync shows no sign of slowing down, and we’re excited to share another five updates from our fast-growing ecosystem. #jointhemission
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#1 provider of Web3 domains, @unstoppableweb, is bringing their digital identity superpowers to zkSync 2.0. The zkSync community can get a free web3 domain to start using with zkSync Wallet and zkSync Checkout at their tweet below.
Do you want to find out more about the power of Account Abstraction? @raise_fi’s excellent article is a great place to start, explaining the innovative UX possibilities on zkSync 2.0 for their recently announced RaisePay Wallet.
Institutional-grade structured derivatives ecosystem @derivio_xyz announced their plans to bring perpetual trading, digital options, and several other products to zkSync 2.0.
ICYMI, we announced last week that @EspressoSys will be bringing their leading privacy technology, CAPE, to zkSync 2.0 to enable the next wave of Web3 adoption.
Blockchain data solutions from @GeniiData will soon be available to the zkSync ecosystem, in their mission to empower Web3 ecosystems and bring blockchain data to the world.
Ethereum is a dark forest. Immutable smart contracts, financial incentives, and anonymity create an environment that forces us beyond standard security practices. Here’s how you onboard a billion users without compromising security. #securingthemission
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The complexity of building a zkEVM includes the possibility of low-frequency bugs with big impact potential. That’s why zkSync has many layers of protection built into the system. Some of these security layers will fade out as the protocol moves toward full decentralization.
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Instead of relying solely on one security measure, such as zero-knowledge cryptography, we implement multiple layers of protection, known as the "defense-in-depth" or "Swiss cheese model," to prevent and minimize the impact of potential breaches.
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.
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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