The zkSync Era protocol is unique as it combines the best of layer-1 (Ethereum) and layer-2. This makes it a crucial component for ethereum scaling and privacy, especially when looking to provide faster and cheaper transactions compared to one on the Ethereum mainnet. Whereas Ethereum’s network prides itself on being permissionless, zkSync is permissioned. This means that users will need to provide certain necessary KYC documents before they can join the network.

In addition to its primary focus on scaling, it also offers zero-knowledge privacy options to keep users' data hidden while transacting. The protocol utilizes zero-knowledge proofs (ZKPs) to issue cryptocurrency transfers to users while only showing them the necessary information they need to transact.

The zkSync Era protocol has recently proved its effectiveness in scaling the Ethereum mainnet and the privacy it offers users. After encountering a minor network bug that impacted withdrawal processing times, the on-call team was able to quickly identify the issue and resolve it. This mishap further underscores the importance of secure, reliable blockchain platforms like zkSync Era for decentralized applications (DApps) and other solutions that require high throughputs. It also successfully reveals the potential of Zero-Knowledge Proofs (ZKPs) as a vehicle for secure, privacy-preserving transactions. With a total value locked of $253 million and facilitating over 9 million transactions in the last month, zkSync Era is reinforcing its credentials as a go-to scaling and privacy protocol on Ethereum.



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