zkSync Blockchain Explorer

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zkSync Mainnet Blockchain Explorer

Collection time:
2022-01-11
zkSync Blockchain ExplorerzkSync Blockchain Explorer

zkSync is a decentralized Layer 2 (L2) scaling protocol that uses zkRollup technology to provide efficient and low-cost transaction solutions for the Ethereum network. With the help of zero-knowledge proofs and on-chain data availability, zkSync ensures the security of user funds, maintaining the same level of security as the Ethereum mainnet. Even when assets are transferred to L2, users retain full control.

In addition to security, zkSync focuses on optimizing both user and developer experience. Its core design philosophy is to reduce the barriers to interaction, eliminating complexity, so that both end-users and developers can easily use zkSync. The best way to experience zkSync is to try it out, and the entire process can be completed in just 2 minutes.

Core Problems zkSync Solves

Currently, Ethereum’s monthly gas fees reach tens of millions of dollars, while zkSync significantly reduces user transaction costs through efficient transaction aggregation and data compression.

Additionally, zkSync provides greater scalability for DeFi, crypto payments, and other sectors. For example, user-friendly wallets (such as Argent and Dharma) are working on building decentralized financial infrastructures, and zkSync makes this vision more feasible. The continued growth of the DeFi ecosystem demands higher scalability for L2 solutions, and zkSync can deliver a PayPal-level payment experience, supporting the development of the Web3 ecosystem.

zkSync vs Other L2 Solutions

zkSync stands out in L2 solutions by combining high security with strong usability. Compared to other scaling solutions, the unique features of zkRollup technology are:

  • No reliance on centralized operations: Even if zkRollup validators are offline, users can still recover their assets at any time.

  • High decentralization: Even if users are offline for a year, they can safely recover their funds on L1.

  • Data availability guarantees: Transaction data is stored on-chain, ensuring that all states are traceable.

Currently, zkSync is still in the development stage, and users are advised to stay updated on network upgrades and adjust their fund management strategies according to their needs. In the future, zkSync will further optimize its upgrade mechanisms to ensure that users can enjoy a safer and more efficient L2 experience, all while maintaining full control over their assets.

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