Today marks an important milestone for zkSync Era and Ethereum: the doors to the first zkEVM mainnet are now open for everyone to use. Developers, projects and users can now build decentralized applications (DApps) and transfer funds to experience the power of zkEVM.
The first mainnet of a zkEVM is now available
As the race between Ethereum scaling solutions rages on, the ZK rollup platform zkSync Era (ex-zkSync 2.0) has just launched its public mainnet. Thus, the zkSync Era blockchain is now open to everyone and developers of decentralized applications will be able to welcome their first users.
zkSync Era is a layer 2 blockchain built on Ethereum with the aim of improving its performance and user experience. Designed in 2018 by Matter Labs, zkSync Era works with zero-knowledge rollups (or zkRollups) technology.
Concretely, Matter Labs believes that the zkRollups technology offers, in the long term, a safer and more effective alternative to Optimitics Zollups technologythe mechanism that notably powers the Arbitrum (ARB) and Optimism (OP) networks.
Following this major milestone, all eyes in the community are now on a potential native zkSync Era token. If you want to put the odds on your side to make yourself eligible for this potential future airdrop, the experts at Cryptoast Research support you:
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👉 Optimistic Rollup vs ZK Rollup: What are the differences?
What are the strengths of zkSync Era?
Beyond high scalability, the unique architecture of zkSync Era translates into 3 main advantages.
The native account abstraction
zkSync Era has native account abstraction. Account abstraction is about separating the transaction process from the underlying mechanisms of the blockchain. Simply put, in the case of zkSync Era, this eliminates the need for users to manage a wallet’s cryptographic keys. This offers many possibilities:
- Recover your account if you lose the keys;
- Share your account security with trusted devices or people;
- Paying someone else’s fees or asking someone else to pay yours;
- Batch transactions together (for example, approve and execute a swap all at once);
- More opportunities for app developers to innovate in user experience.
In sum, account abstraction paves the way for greater adoption of the cryptocurrency ecosystem.
Data compression
Data availabilityor availability of data in French, is the most difficult resource to find for all Rollups and represents the largest share of the transaction cost (although this one is already quite low).
On this side zkSync Era is unique among existing zkEVM projects in addressing this problem by publishing state differences instead of transaction entries. This has many benefits, including greater data compression, much more frequent oracle updates, low-cost privacy, and seamless off-chain storage expansion.
A powerful LLVM compiler
If they want to migrate their applications to zkSync Era, developers don’t need to rewrite their code in a new language or use different tools. This is made possible by Matter Labs’ investment in building the first LLVM-based compiler for EVM languages (Solidity, Vyper, Yul).
LLVM Or Low Level Virtual Machine (Machine Virtuelle de Bas Level in French) is the most mature compiler stack in the world and will significantly improve the performance and experience of developers within the zkSync Era ecosystem.
“All of these features, along with our comprehensive decentralization roadmap, are important building blocks for Hyperscalability: our long-term vision of accelerating mass adoption of cryptocurrencies through the unlimited internet of ZK-powered Hyperchains. on Ethereum. But that story is for another time. »
💡 Find our analysis of zkSync Era, the first zkRollup compatible with the Ethereum Virtual Machine (EVM)
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Editor-in-chief of Cryptoast, I discovered Bitcoin and blockchain technology in 2017. Since then, I have been striving to share quality content so that the sector becomes more democratic for everyone.
Clement Wardzala
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