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zkSync Era: The Ethereum Layer 2 revolution that will change everything

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In March, Matter Labs officially launched zkSync Era, the second version of its mainnet based on zero-knowledge proofs. For those who are unaware, this is a significant event: we are talking about a scalability solution that can process 20,000 transactions per second without compromising the security of Ethereum.

Why is zkSync Era different?

For 4 years, the team invested $3.8 million solely in security testing. They conducted 7 independent audits with companies like OpenZeppelin, 3 internal audits, two public security competitions, and a bug bounty program. This is not a project that rushed to mainnet.

Three game-breaking features

1. Native account abstraction

Forget about seed phrases. In zkSync Era you can:

  • Use biometric authentication or social recovery (friends/family can help you recover your account)
  • Pay gas fees in any ERC-20 token, not just ETH
  • Perform multiple actions with a single signature
  • Create automatic transfers and recurring payments

To give you an idea: if a protocol wants to subsidize your fees, it can do so. The average transaction cost is already 100 times cheaper than Ethereum L1.

2. Ultra-optimized LLVM Compiler

This is the first time an LLVM-based compiler has been implemented for EVM languages (Solidity, Vyper). What does it mean? Developers do not need to rewrite their code in new languages. It is fully compatible.

3. Revolutionary data compression

Instead of publishing all transactions, zkSync only publishes state changes. Result: cheaper storage and more transactions per block. In addition, zkPorter ( decentralized storage is even more economical ).

The vision: Infinite Hyperchains

zkSync Era introduces Hyperchains: sovereign ZK chains connected to Ethereum via Hyperbridge. Anyone can deploy their own hyperchain with custom validators, but all inherit the security of L1. This means limitless scalability.

Current situation of the ecosystem

Just days after the launch, the TVL had already surpassed $50 million. Projects arrived quickly because they know this is serious.

What's coming

zkSync has confirmed that it will do an airdrop, but it has not yet specified when. If you don't want to miss this opportunity ( like many missed the one from Arbitrum), it's time to interact with zkSync Era now. Some basic steps: deposit ETH from Ethereum mainnet through the official bridge, wait 5 minutes, and you're good to go. You're already on the network.

The conclusion is simple: mass adoption of crypto only occurs when transactions are cheap, fast, and simple. zkSync Era has just closed that gap.

ZK-8.74%
ETH-1.5%
ARB-2.83%
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