Matter Labs trims workforce by 16% as demand for ZKsync falls

Is it as bad as it seems? I would say no. This downsizing highlights the volatile nature of the crypto market and the challenges even successful projects face in maintaining momentum but that doesn't mean there is a reason to panic. Show More

ZKsync Experiences Significant Drop in Wallet Activity

According to Odaily, data from Dune indicates that on September 3, only two wallet addresses bridged funds into ZKsync, amounting to 0.01 ETH. Show More

A TVL of $193M+ reflects a significant amount of value locked within the ZkSync ecosystem, indicating a considerable level of engagement and investment. Show More

zkSync, developed by Matter Labs, is a relatively new player in the Ethereum Layer 2 scaling solution landscape. Show More

Navigating the Blockchain Traffic: My Fun Take on zkSync!

Imagine Ethereum is like a super busy highway. Show More

A scaling solution for ETH... another one... Yes! ETH alone won't be able to do what is needed, so they need a second layer to do the hard work... Show More

The best tokenomics you can have, no tokens ! at least not yet, it might change in the future as they do want to move into a decentralised control over the development of the blockchain so like a DAO, but this can be handled on many different ways and doesn't always require a token. Show More

I heard about a potential airdrop for zkSync which led me to test out numerous platforms and bridges on the network. Show More

I would love to write a long review for zkSync marketing but initially, I think they did a simple yet effective job on their marketing. Show More

zkSync it's got a nice ring to it. They have an ambitious vision for the future of blockchain technology. Show More

Given the current lack of tokenomics and valuation information, it is challenging for me to make a definitive assessment on whether Zksync is a future buy at this moment in time. Show More

There are two main types of rollups: ZK rollups and Optimistic rollups. ZK rollups use zero-knowledge proofs specifically, SNARKs (Succinct Non-Interactive Argument of Knowledge) to verify the validity of transaction batches, while Optimistic rollups assume the validity of off-chain computations unless proven otherwise with fraud proofs. Show More

As of the time of writing, Zksync has achieved an impressive milestone of reaching 1 million followers on Twitter. Show More

As of now, this project does not have its own token. Yet, it has been stated by zkSync that it will have its own native token (rumoured to be $ZKS) in the future. Show More

zkSync is an open source project that is being developed by parent company Matter Labs. Matter Labs specializes in making crypto payments cheaper and to scale smart contracts within the sector. Show More

2024 Cyrator - Verified Crypto Intel

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.