zkSync is a Layer 2 scaling solution for Ethereum that uses ZK-SNARKs to enable cheap, private transfers on the Ethereum blockchain. zkSync is developed by a team of experienced blockchain engineers and researchers, and is backed by leading investors in the space.
The zkSync team has been working on the project for over a year, and is now ready to launch the mainnet. The mainnet launch will be accompanied by a series of audits from leading security firms, as well as a public bug bounty program.
NOTE: Warning: zkSync is an Ethereum-compatible layer 2 scaling solution, but it is not officially supported by Ethereum. zkSync is a third-party product and there are certain risks associated with its use, including the potential for loss of funds and system instability. As such, users should exercise caution when using zkSync and make sure to familiarize themselves with the product before engaging in any transactions.
zkSync is designed to be compatible with all existing Ethereum wallets and applications, and requires no changes to be made to existing software. This means that users can start using zkSync immediately after it launches.
The zkSync team is confident that their solution will be a major scaling solution for Ethereum, and that it will help the Ethereum blockchain reach its full potential.
9 Related Question Answers Found
The answer to whether or not VRA is on Ethereum is a resounding yes! VRA is not only on Ethereum, but it is also one of the most active and well-known projects built on the Ethereum blockchain. VRA is a decentralized platform that enables creators to monetize their content and fans to directly support the creators they love.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
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Lukso is a blockchain network for the fashion industry, created by a team of experienced professionals. The project was born out of a desire to create a better way for the fashion industry to connect and do business. The Lukso network is built on Ethereum, and it aims to provide a more efficient and secure way for fashion businesses to operate.
XDC is a public, open source blockchain platform built on Ethereum that enables developers to create, launch, and deploy decentralized applications. The XDC protocol is designed to provide a scalable, efficient, and secure foundation for building decentralized applications. The XDC protocol is based on the Ethereum Virtual Machine (EVM), which is a decentralized platform that runs smart contracts.
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Zora is a Protocol for launching products on Ethereum. It is an open-source, decentralized, and community-owned protocol that enables anyone to create, launch, and manage products on Ethereum. Zora is built on Ethereum and utilizes Ethereum’s smart contract functionality to enable the creation and management of products on the platform.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
