Cointime

Download App
iOS & Android

zkSync Era Launches as First zkEVM on Ethereum, Uniswap and Major DeFi Players to Go Live

Cointime Official

zkSync has announced that its Era Mainnet Alpha is now open to all users. This move allows developers, projects, and users to experience the power of zkEVM.

"We’ve completed robust testing, multiple tier-1 security audits, public contests, and bug bounties. We’ve added independent monitoring and risk mitigation mechanisms. Now developers, projects, and users can build on and bridge funds to experience the power of zkEVM." the team said in an announcement.

zkSync Era is the first to be compatible with Ethereum Virtual Machine (EVM), unlike competitor StarkWare which uses a proprietary language named Cairo. This compatibility enables most Ethereum Decentralized Applications (DApps) to easily transfer over with minimal modifications required.

Major players in the decentralized finance (DeFi) space such as Uniswap, Sushi, Maker, and Curve, are scheduled to go live on zkSync Era.

Full thread:

It starts with our mission

Our mission is to accelerate the mass adoption of crypto for personal sovereignty. Scaling Ethereum isn't about TPS, costs, or UX; it’s a means to an end, not the goal itself. We're scaling freedom: trustless, barrierless economic cooperation.

The long-awaited dream

4 years ago, we saw that ZK would be the key to crypto's mass adoption. In Dec. 20' we launched zkSync Lite; a simple ZK-rollup for payments. Today our dream comes true: for the first time, a zkEVM is live & open to all on Mainnet with zkSync Era.

Never cut corners

We’ve spent $3.8M to secure zkSync Era, including:

  • 7 independent security audits by T1 auditors
  • 3 internal audits
  • 2 public security contests
  • Open-ended bug bounty program
  • Open-sourcing zkSync Era code But our work isn’t complete.

This is Alpha

The system is in the Alpha so we can monitor it with increased usage & TVL. In Alpha we'll:

  • Delay & monitor withdrawals
  • Permission proof submissions
  • Regularly monitor for vulnerabilities
  • Run new audits & bounties
  • Create a Security Council

Built for mass adoption

zkSync Era delivers features such as:

  • Native Account Abstraction
  • Powerful LLVM Compiler
  • Data Compression

These features are building blocks for Hyperscalability: our vision of a limitless Internet of ZK-powered Hyperchains on Ethereum.

Use zkSync Era

Users can now bridge funds & experience dapps built on zkSync Era:

  • Learn more: http://zksync.io
  • Bridge funds: http://bridge.zksync.io
  • Explore ecosystem: http://ecosystem.zksync.io

Remember this is alpha. Don’t put your life savings at risk.

Build on zkSync Era

Start with our Docs: http://era.zksync.io

Freedom is the mission zkSync was founded with freedom at the center. Crypto is the most important technology protecting freedom, so we made it our mission is to scale freedom globally and to everyone. We will not stop until this mission is achieved.

Comments

All Comments

Recommended for you

  • Spanish Foreign Minister: Not worried about any consequences of refusing US access to military bases

     on March 3 local time, Spanish Foreign Minister Alvarez defended the Spanish government's refusal to provide the Rota and Moron military bases to the United States for participation in attacks on Iran. Alvarez stated that the operation initiated by the United States and Israel is not supported by the United Nations and is not part of the bilateral agreements allowing the use of the aforementioned Spanish sovereign military bases. Alvarez also said that the Spanish government is not concerned that this stance will have any consequences. Alvarez stated: "The position of the Spanish government represents the will of the vast majority of the Spanish people as well as the vast majority of people worldwide, which is to defend the UN Charter, respect international law, and believe that cooperation is always more powerful than confrontation."

  • Spot gold plunges nearly $100 in the short term.

     spot gold plunged nearly 100 dollars in a short time, spot gold fell below 5170 dollars/ounce, with a daily decline of 2.94%. 

  • BTC falls below $67,000

    the market shows BTC fell below $67,000, currently at $66,996.93, with a 24-hour increase of 1.18%. The market is highly volatile, please manage your risk accordingly.

  • ETH breaks $2,000

    the market shows ETH breaking through $2000, currently at $2001.64, with a 24-hour increase of 2.89%. The market is highly volatile, please manage your risks accordingly.

  • The US spot Bitcoin ETF saw a net inflow of $962.48 million yesterday.

    according to Trader T's monitoring, the US spot Bitcoin ETF had a net inflow of 962.48 million USD yesterday.

  • BTC falls below $66,000

     the market shows BTC fell below 66,000 USD, currently at 65,986.66 USD, with a 24-hour decline of 1.31%. The market is highly volatile, please manage your risks accordingly.

  • BTC falls below $66,000

     the market shows BTC fell below $66,000, currently at $65,973.16, a 24-hour drop of 2.66%. The market is highly volatile, please manage your risks accordingly.

  • ETH breaks $2,000

    market shows ETH breaking through $2000, currently at $2000.29, with a 24-hour increase of 3.73%. The market is volatile, please manage your risk accordingly.

  • The United States uses Anthropic's artificial intelligence technology in its airstrikes in the Middle East.

     United States used Anthropic's artificial intelligence technology in airstrikes in the Middle East, and just hours before the attack, Trump had just issued a ban against Anthropic. 

  • Bluprynt raises $4.25 million in seed funding round led by Valor Capital Group.

    according to TheBlock, that cryptocurrency information disclosure company Bluprynt raised $4.25 million in an oversubscribed seed round led by Valor Capital Group, with participation from venture capital firms such as Coinbase Ventures, Robinhood, Selah Ventures, and Quona Capital, as well as individual investors including Nubank co-founder Edward Wible. Bluprynt was founded and is led by financial policy expert Dr. Christopher J. Brummer, aiming to simplify global digital asset compliance processes.