How this Ethereum scaling solution is off to a great start in 2024

zkSync Era clocked more than 1.5 million daily transactions in the last 24 hours. zkSync Era hosted the most number of daily active users over the past two months. Layer-2 (L2) blockchain zkThe post How this Ethereum scaling solution is off to a great start in 2024 appeared first on AMBCrypto.

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Layer-2 zkSync Post Mortems Christmas Day Network Outage 

Ethereum layer-2 network zkSync Era experienced a five-hour outage on Christmas Day due to a software bug related to state updates. No funds were at risk and the issue has been resolved. The post Layer-2 zkSync Post Mortems Christmas Day Network Outage  appeared first on BeInCrypto.

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Derivatives DEX platform Derivio launches mainnet on zkSync Era

Derivio, a Binance Labs incubated decentralised derivatives exchange, announced its mainnet is live on the zkSync Era. zkSync Era is an Ethereum Layer 2 scaling solution. Users have a chance to trade perpetuals and options on more than 20 markets.

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zkSync Era trumps competition: What it means for you

zkSync Era recorded the highest cumulative transactions over the past month for any L2. zkSync Era's TPS of 7.39 was the second-highest in the last 24 hours. The crowded Ethereum [ETH] layeThe post zkSync Era trumps competition: What it means for you appeared first on AMBCrypto.

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Ethereum L2s dominate: Unveiling the market insights

zkSync generated over $4 million in fees in the last 30 days. The fee generated is the highest fee among L2s. Certainly, Ethereum [ETH] layer 2 networks have been quite active over the past The post Ethereum L2s dominate: Unveiling the market insights appeared first on AMBCrypto.

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Layer 2 rivals Base and zkSync Era blaze a trail in transaction speeds

Base and zkSync Era posted 12.93 and 12.62 TPS, respectively, in the past 24 hours. However, Ethereum still dominated the volume metric.  The L2 competition is heating up, as evident from tThe post Layer 2 rivals Base and zkSync Era blaze a trail in transaction speeds appeared first on AMBCrypto.

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Злоумышленник создал 21 877 кошельков в zkSync Era

Неизвестный пользователь создал 21 877 кошельков в сети zkSync Era и даже запустил собственную децентрализованную биржу (DEX). Об этом сообщает DeFi-аналитик под псевдонимом Lingland 09.   Он утверждает, что злоумышленник создал все эти кошельки, пополнил их незначительным количеством Ethereum и запустил собственный токен GEM с закрытым исходным кодом.

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Base Becomes The Most Profitable L2 Network In August Ahead Of zkSync and Arbitrum

Base is a Layer 2 (L2) network built on Ethereum. It uses a rollup technology called Optimistic Rollups to scale Ethereum by processing transactions off-chain and then batching them and submitting them to the Ethereum mainchain.

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Ethereum’s Historical Vault Now Open: ChainLight’s Relic Protocol v2 Partners with zkSync Era

ChainLight's introduction of Relic Protocol v2 on zkSync Era delivers a new method for developers to access Ethereum's historical data.

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Optimism’s transaction costs aren't enough to beat zkSync Era; here's why

Optimism had a transaction cost of $0.06 while zkSync’s cost was $0.14. OP was down by 10% last week and metrics looked bearish.  Ethereum [ETH] Layer 2s are gaining massive popularity, aThe post Optimism’s transaction costs aren't enough to beat zkSync Era; here's why appeared first on AMBCrypto.

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Ethereum’s L1 struggles pave the way for L2s to shine

Base's "on-chain summer", alongside rising attention toward Optimism, caused a dip in ETH burned. Projects in the development stage including zkSync and StarkNet also contributed to the decreasThe post Ethereum’s L1 struggles pave the way for L2s to shine appeared first on AMBCrypto.

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Crypto Firm Matter Labs And Polygon Developers Lock Horns Over Plagiarism

Polygon Zero has strongly asserted against developers of Matter Labs, accusing them of directly lifting a significant portion of code from the Plonky2 Library. This claim surfaced on August 3 and revolved around the alleged replication of code within the zkSync platform, an Ethereum layer-2 scaling solution driven by zero-knowledge technology.

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Polygon Zero accuses Matter Labs’ developers of plagiarism

Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution.

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zkSync-Native DeFi Aggregator Kannagi Finance Rug Pulls $2 Million

DeFi protocol Kannagi Finance launched only a month ago, promising high yields for stablecoin deposits and lending. As such, the project gained a lot of hype in the zkSync community for bringing popular decentralized finance (DeFi) features to the Ethereum Layer 2 network scaling solution.

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DEX PancakeSwap интегрировала поддержку сети zkSync Era

Децентрализация биржа PancakeSwap добавила поддержку сети zkSync Era, сообщил CoinDesk со ссылкой на представителя команды проекта. Помимо этого блокчейна, платформа также интегрирована с BNB, Ethereum, Polygon zkEVM и Aptos.

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ZkSync's Largest Lender Struck by $3.4M Exploit

EraLend, the largest lending protocol on Ethereum scaling blockchain zkSync, has been hit by a $3.4 million reentrancy attack, according to blockchain security firm CertiK.

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zkSync Era overtakes Ethereum, but there's more than meets the eye

zkSync Era surpassed Ethereum and other L2s in daily transactions. zkSync Era had the third-highest TVL among L2s. According to recent reports, zkSync Era has triumphed over Ethereum [ETH] iThe post zkSync Era overtakes Ethereum, but there's more than meets the eye appeared first on AMBCrypto.

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zkSync Era Launches Boojum: Consumer-Friendly STARK-based Proof System

Ethereum layer-2 scaling solution zkSync Era is stepping into the next stage with Boojum, its STARK-based proof system. Promising enhanced transparency and heightened transaction speed, Boojum operates on consumer-grade general...

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Ethereum L2 zkSync Unveils Next Mega Upgrade: Details

Ethereum L2 zkSync is in final stages of its major upgrade: Boojum

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zkSync announces Boojum to enhance performance & reduce hardware requirements

ZkSync unveils a new upgrade, introducing Boojum for enhanced accessibility and performance in the Ethereum layer-2 scaling solution. The latest update will welcome a STARK-powered system, transitioning from zkSync.

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zkSync Era reached this milestone; are StarkNet and zkEVM far behind?

zkSync Era witnessed an uptick and so did StarkNet and zkEVM  MATIC, however, had challenges to address as its price plummeted  zkSync Era, the first to launch the Ethereum roll-up, recentThe post zkSync Era reached this milestone; are StarkNet and zkEVM far behind? appeared first on AMBCrypto.

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Ethereum’s Layer 2 Teams Want You to Clone Their Code

By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.

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Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M

The total value locked has increased by 12% in one week, according to data source L2Beat.

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Rocket Pool's debut on zkSync means this for its users

The deployment would bring about a decline in liquid staking fees and congestion on the Ethereum network. Both RPL and zkSync Era’s TVL increased despite reduced market participation with theThe post Rocket Pool's debut on zkSync means this for its users appeared first on AMBCrypto.

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LBank hosts Twitter Space with layer 2 phenomenon zkSync Era

Global crypto exchange LBank hosted an AMA session on Twitter featuring Ethereum Layer 2 scaling solution zkSync Era on the 3rd of May. Representing zkSync was Omar Azhar, Head of Enterprise Business The post LBank hosts Twitter Space with layer 2 phenomenon zkSync Era appeared first on AMBCrypto.

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Here's where zkSync has beaten Ethereum

For the second time, a roll-up’s daily active addresses surpassed those of Ethereum. Sentiment around ETH remained negative last week, but network growth and funding rates were high.  EthThe post Here's where zkSync has beaten Ethereum appeared first on AMBCrypto.

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ZkSync beats polygon in total value locked

As per recent data stats, Ethereum's zkSync Ecosystem has recorded a significant expansion outpacing polygon in total value locked. The ecosystem has now reached over $200 million.

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zkSync Era successfully fixes its network glitch 

The zkSync team has fixed a minor network bug that slowed down withdrawals on the chain for up to four hours. The team says zkSync is now healthy and functioning correctly as expected. zkSync Era, an Ethereum layer-2 scaling solution…

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CertiK says it highlighted ‘centralization risks’ in Merlin DEX audit

Merlin, a decentralized exchange (DEX) based on Ethereum (ETH) layer-2 protocol zkSync, confirmed it was exploited despite being audited by smart-contract auditor CertiK. The DEX advised everyone connected to its site to revoke their wallets/sign permission.

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1inch turns to Ethereum's L2, launches on zkSync Era: Everything you should know

zkSync Era's integration would allow better provision of liquidity for 1inch users. Alas, development activity on the network remained very low. On 20 April, the 1inch Network [1INCH] announThe post 1inch turns to Ethereum's L2, launches on zkSync Era: Everything you should know appeared first on AMBCrypto.

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1inch launches protocols on zkSync Era

DeFi protocol aggregator 1inch Network has deployed 1inch Aggregation Protocol and 1inch Limit Order Protocol on the zkSync Era — an Ethereum Layer-2 network. 1inch users will be able to access the services on the new blockchain network starting April 20.

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DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

1inch Network is the latest decentralized Finance protocol to deploy on Ethereum layer-2 scaling platform zkSync Era.

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1inch, Aggregator of Decentralized Crypto Exchanges, to Launch on Ethereum Rollup zkSync Era

The decentralized-exchange (DEX) aggregator, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM (zkEVM).

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Ethereum Layer 2 Network zkSync Era Jumps to Nearly $250M in Locked Value

More than 7 million transactions have been conducted on the network since launch, which can process 3.5 transactions per second, data shows.

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zkSync and its efforts to recover 921 ETH: The how and why of it all

The L2 project had the task of helping retrieve ETH stuck in its ecosystem. zkSync's TVL continued to increase. zkSync, the layer two scaling solution for Ethereum [ETH], was again faced witThe post zkSync and its efforts to recover 921 ETH: The how and why of it all appeared first on AMBCrypto.

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Layer-2 zkSync offers solution to recover 900 ETH locked in smart contract

Matter Labs, the team behind Ethereum's layer-2 scaling solution, zkSync, has confirmed that 921 ETH (worth $1.7 million) is currently stuck in one of its new smart contracts, GemstoneIDO.

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Решение zkSync Era для 921 ETH, “застрявших навсегда” в смарт-контракте

Matter Labs подтвердила, что средства в безопасности и что они нашли “элегантное решение” для перевода средств. Matter Labs, команда, стоящая за решением для масштабирования Ethereum второго уровня zkSync, подтвердила, что 921 Ether стоимостью $1,7 млн.

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zkSync helps project recover stuck $1.7M from smart contract

Ethereum (ETH) layer2 (L2) network zkSync said it found “an elegant solution” to unfreeze  921 ETH — worth $1. 7 million — belonging to Gemholic that was stuck in a smart contract. Gemholic had had issues transferring the funds out of zkSync’s Era mainnet and later requested help from the layer2 network.

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zkSync Taking Spotlight on Ethereum, Here Are Latest Metrics

zkSync has recorded close to 300,000 transactions with more than 59,000 ETH bridged

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Polygon Launches Its zkEVM, Why It’s Bullish For MATIC

In July 2022, Polygon Labs, zkSync and Scroll ZKP launched a race to build the best zero-knowledge Ethereum Virtual Machine (zkEVM). After $1 billion in funding, two external audits, and an internal audit of 26 researchers, today is the day – March 27, 2023 – when the Polygon zkEVM will be launched.

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Polygon zkEVM Mainnet Beta Goes Live; Ethereum’s Buterin Sends First Transaction

The release of Polygon’s zkEVM comes just days after competitor Matter Labs released its own zkEVM, zkSync Era.

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ZkSync Now Has Its Own DOGE: Details

Promoted as first-ever community token on new Ethereum's L2 zkSync, zkDoge (ZKDOGE) gains traction in meme coins community

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Alpha mainnet of Ethereum scaling solution ZKSync goes live

ZKSync, an Ethereum layer-2 scaling solution, debuts its alpha mainnet to reduce congestion and improve transaction throughput. The ethereum (ETH) ecosystem witnesses a significant development as the alpha mainnet of ZKSync, a Layer 2 scaling solution, is officially launched. ZKSync…

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zkSync Opens Much-Anticipated Era Mainnet to Public. When Airdrop?

zkSync, first-ever Ethereum (ETH) L2 scaler with native zkEVM and Account Abstraction, rolls out public alpha version

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Matter Labs Opens zkSync Era to Users, Claiming First in ‘Zero Knowledge’ Tech on Ethereum

After launching ZkSync Era for developers-only last month, the project took the additional step Friday of opening it to general users. The latest push comes just days ahead of Polygon’s planned rollout on Monday of its own “zero knowledge Ethereum Virtual Machine.”

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Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell

Addresses on layer two protocols without tokens yet increased interaction with projects. While StarkNet was planning a token distribution, zkSync remained unsure. Over the last few months, lThe post Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell appeared first on AMBCrypto.

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‘Make sure Ethereum wins’ — Steve Newcomb reveals zkSync’s prime directive

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Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform

A week after zkSync V2’s “baby alpha” launch, Matter Labs said it would open-source its code and push for improved standards around rollup development.

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Ethereum Scaling Platform zkSync v2 Goes Live Amid Controversy

Matter Labs pitches zkSync V2 as the “first” network of its kind to launch on Ethereum, but its competitors aren’t buying the hype.

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