The Concept.
zkSync is taking industry by storm. A project powered by Matter Labs.
The team is building the future-proof zkEVM.
zkSync Era is a Layer-2 protocol scaling Ethereum with ZK tech, but what is ZK, zkEVM, zkSync and zkRollups?
In simple terms Zero Knowledge is the case when you say (the prover) say you have something to someone(the verifier) without revealing any additional information beyond the fact that you have it.
zkEVM, zkSync, and zkRollups are all different implementations of zero-knowledge proofs in the context of blockchain technology, and Matter Labs is team behind zkSync developing infrastructure.
Their solution is designed to help increase scalability without compromising the security, reduction of transaction cost, increasing speed, providing seamless user experience.
ZK Rollups are a game changing component, it layer 2 scaling solution that use zero-knowledge proofs to bundle multiple transactions together into a single transaction on the Ethereum blockchain. By doing so, zkRollups can significantly increase the scalability of the Ethereum blockchain, while still maintaining a high level of security and decentralization.
The Web and socials
White paper is very well written and explains how the zkSync tech is disrupting the industry making it easier for developers and users to adopt WEB 3. https://docs.zksync.io/zkevm/#what-is-zkevm-and-why-is-this-a-big-deal
WEB is designed with a massive vision, visual storytelling takes user thru all milestones and benefits of the project and finally list of investors latest , Series C (200 million dollar) round led by Blockchain Capital and Dragonfly Capital, with participation from Lightspeed, Variant, and a16z validates the product`s. market fit.
Socials and interview.
I simply enjoyed reading Medium articles that are very well written explaining what they do and why they do it and how team began real ground work 4 years ago that took them to eventual success today.
In their interview with #bankless, matter labs team share their perspective on the ethos of the zkSync, zkSync Era main net launch, differences from the other roll up solutions and what to expect in the future. https://www.youtube.com/watch?v=oF5aXocuDuc&t=2639s Show Less
