zkSync Era is an Ethereum Layer 2 network powered by the innovative Zero Knowledge (ZK-rollups) method to validate data on the blockchain network. It enables users to leverage the security of the Ethereum chain network with increased scalability, extra low-cost gas fees, and high-speed transactions.
The company has a large and strong network of key opinion leaders, and funds, including Vitalik Buterin, Coindesk, Coinbase Ventures, Consensys, and Blockchain Capital. It has already conducted over 5 funding rounds, raising over $458M from its investors and funds. Also, there are loud rumors about the upcoming zkSync airdrop (retrodrop) on the market.
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Let's dive deeper into the zkSync concept to answer the question: What is zkSync?
zkSync is an L2 Ethereum network designed to enhance the capacity and scalability of the Ethereum chain while maintaining L1 security and principles. To achieve this, zk Sync leverages innovative Zero-knowledge rollups as an alternative to Optimistic Roll ups invented by Matter Labs - a company behind zkSync. It has several benefits compared to Optimistic Roll Ups and Sidechain methods for scaling the Ethereum network, including:
Read more about ZK roll ups advantages in the zkSync docs.
The zkSync crypto ecosystem currently encompasses over 100 projects. It also includes the native zkSync wallet, token bridge, and possibly a zkSync token. Although there have been mentions about the role of native token in empowering security within the zkSync crypto and zkPorter mechanism, there's no public announcement about the zkSync token launch and airdrop yet. With rumors circulating about a potential token release and potential zkSync airdrop for early supporters, it has garnered significant attention within the crypto community.
Proof Generation and Validation;
Baby Alpha Release;
Improved Developer and User Experience
Rebranding zkSync 2.0 to zkSync Era
Launch of zkSync Era mainnet;
Possible zkSync airdrop.
zkSync is a layer 2 EVM-compatible scaling network for Ethereum with its innovative Zero-knowledge roll-ups. It offers significantly cheaper and faster transactions than L1, while maintaining a high level of security on the original Ethereum network.
The launch of the zkSync ecosystem token hasn't been announced yet. However, according to rumors within the crypto community and implicit hints in the official blog posts, there's a big chance the zkSync token could be released and airdropped to early adopters this year. That’s a reason why we decided to prepare this comprehensive guide on how to get qualified for zkSync airdrop for you.
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