About zkSync
zkSync is a Layer 2 scaling solution, using Zero-knowledge Rollup technology.
It is a user-centric platform from Matter Labs, with security, user experience and developer experience as the main focus. Matter Labs is currently focusing on zkSync 2.0 development with two goals:
Supports arbitrary smart contarct capabilities through Solidity and Zinc
Dramatically enhanced processing through zkPorter – a protocol that combines zkRollups and sharding, reaching over 20,000 TPS (transactions per second) or more.
Scalability: zkSync aims to solve the scalability problem in the Ethereum network, allowing large amounts of transactions to be processed without overloading the Ethereum mainnet.
Increased transaction speed: zkSync aims to provide faster Ethereum transaction execution, while reducing transaction confirmation times.
Reduced transaction fees: zkSync reduces transaction fees compared to executing transactions directly on the Ethereum mainnet.
What's new in the latest 1.0
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