zkSync Era Mainnet Launch: Detailed Explanation of Unique Architecture and Ecological Applications

Recently, the zkSync Era Mainnet was officially launched and opened for all users. This news has garnered widespread attention in the market and significantly boosted the activity on the zkSync network. According to the data, the trading volume of zkSync for that week was approximately 2,025,135 transactions, with the average daily trading volume reaching a historical high, and the total trading volume has now surpassed 20 million transactions. This reflects the high level of attention and anticipation users have for the zkSync Era.

Matter Labs, the development company behind zkSync, has completed multiple rounds of financing, with a total funding amount reaching $458 million, including a $200 million ecosystem fund. Company executives stated that the launch of zkSync Era does not mean an immediate token issuance. This is because the network is still primarily centralized, with Matter Labs still controlling the sequencer and validators. It is expected that token issuance will only be considered when the network is decentralized in about a year.

Four Major Innovative Architectures of zkSync Era

The zkSync Era network has four major innovations in its architecture compared to the previous zkSync Lite version:

1. Local abstract accounts: Allow any account to pay fees using any token, and even enable zero-fee transactions on certain protocols.

2. LLVM-based EVM Language Compiler: The first LLVM-based compiler has been built for languages such as Solidity, Vyper, and Yul, enhancing performance and development experience.

3. Differences in Release Status: Achieve advantages such as data compression, more frequent oracle updates, low-cost privacy, and seamless off-chain storage expansion through differences in release status rather than transaction inputs.

4. Super Chain Architecture: Allows anyone to deploy custom parallel chains, inheriting the security and finality of the underlying L1, achieving super scalability.

In addition, zkSync Era has introduced a block execution delay mechanism, where each L2 block submitted to L1 has a 24-hour time lock before execution and final confirmation to monitor and handle exceptional situations.

Overview of zkSync Era Ecological Applications

Currently, there are more than 240 applications based on or planned to be deployed on the zkSync chain, covering multiple fields such as DeFi, GameFi, infrastructure, and social. Here are some major applications that have been deployed on the zkSync Era network:

• Argent: Smart contract wallet, offering low gas fees and fast transactions.
• Mute: Decentralized exchange, supporting trading, staking mining and other functions
• mintsquare: NFT trading platform, currently supports zkSync Era testnet and Mainnet
• Tevaera: Decentralized Gamified Metaverse Platform
• SpaceFi: A cross-chain Web3 platform that connects the Cosmos and Layer2 ecosystems.
• Rhino: Multi-chain DeFi aggregator, supports trading, staking, cross-chain and other functions.

In addition, multiple cross-chain bridges such as Celer, Orbiter, and multichain have supported the zkSync Era network, and the official cross-chain bridge has also been launched.

Summary and Outlook

The launch of the zkSync Era Mainnet marks a new stage of development for the network. However, the network is still in the Alpha phase and will not issue tokens in the short term. For users, it is advisable to pay attention to the native applications on the network that have not yet issued tokens, but also to be cautious about risk control. As the ecosystem continues to improve and more applications are deployed, zkSync Era is expected to occupy an important position in the Layer 2 scaling race.