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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Curious about the state of the crypto wallets in 2023? @imTokenOfficial’s report is a great place to start, including why zkSync’s native Account Abstraction will be vital for creating seamless, ‘invisible wallet’ solutions for end users.
Cross-chain bridge provider @AcrossProtocol announced their upcoming integration with zkSync 2.0, bringing with them their experience of safely transferring over $1B in assets and a focus on security and capital efficiency.
Decentralized on/off-ramp @ArxProtocol is coming soon to zkSync, and are looking for early stage market makers to test their product. More information at their tweet below.
zkSync security auditor @OpenZeppelin shared coverage from @TheBlock__ of their latest audit report of the protocol, detailing the ongoing focus on zkSync’s long-term security.
ICYMI, this latest report follows our announcement last year of the collaboration with @OpenZeppelin to provide a series of audits for zkSync, as we continue our zero-compromise approach to security.
We’ve spent $3.5M+ on audits, bug bounties, and contests to secure zkSync 2.0 — but there’s no such thing as too secure. Here are some added security measures we’ll take once zkSync 2.0 is open to the public.
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We’re limiting the early flow of funds, which ensures that developers have an adequate amount of ETH for contract deployment and testing transactions while minimizing the risk of losing a large amount of value during the early stages of the system.
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We’ve got a “speed bump” measure in place too — restricting withdrawals to 10% of TVL per day, limiting the consequences of any security breach. This way, we can respond quickly, stopping the attacker from completely draining the system's resources.
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zkSync 2.0’s next milestone is coming soon. Here’s what you can expect for Fair Onboarding Alpha. #scalingthemission ⬇️
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During Fair Onboarding Alpha, we’ll welcome all ecosystem projects to deploy on zkSync 2.0 while the system is closed to external users. The protocol’s code will be open sourced at this stage.
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This approach allows devs to test their code in a closed environment, without giving any team a competitive advantage. It also gives us time to validate that the system is working properly.
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The mission continues. The wave of projects joining the zkEVM revolution on zkSync isn’t slowing down, and we’re excited to share another five updates from our fast-growing ecosystem. #jointhemission
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The one-stop solution for game developers bringing their games on-chain, @Lyncworld, announced their collaboration with zkSync to make blockchain gaming more accessible for everyone, allowing developers to launch games on zkSync in just minutes.
Seamless fiat to crypto infrastructure solution @payfura announced their integration with zkSync, allowing users to buy crypto in more than 130 countries with card and local payment methods.
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. 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.
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.