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

  • ETH Surpasses $2400

    Market data shows that ETH has surpassed $2400, currently priced at $2400.69, with a 24-hour increase of 3.61%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Iranian Media Confirms Receipt of 'Some Signals' from the U.S. to Lift Blockade

    On April 22, according to Iran's Tasnim News Agency, an Iranian envoy stated that Iran is prepared to negotiate once the U.S. lifts its maritime blockade. The Iranian state media released a video featuring Amir Saeed Iravani, Iran's permanent representative to the United Nations, who indicated that Tehran is ready to engage in talks immediately after the U.S. ends its maritime blockade, emphasizing that Washington must first cease its 'violations of the ceasefire agreement.' Following the report, the market reacted swiftly, with gold and silver prices rising briefly, while the dollar and crude oil prices fell. Previously, media outlets such as the Associated Press and RIA Novosti had reported the ambassador's statements, but this is the first report from Iranian state media linked to the Islamic Revolutionary Guard Corps.

  • Dollar Index DXY Drops 10 Points, Currently at 98.28

    Market data shows that the Dollar Index DXY has dropped 10 points in the short term, currently reported at 98.28.

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,008, with a 24-hour increase of 2.79%. The market is highly volatile, so please ensure proper risk management.

  • Iran Receives 'Certain Signs' Indicating US Prepared to Lift Sanctions

    On April 22, according to Iran's Tasnim News Agency: Iran has received 'certain signs' indicating that the United States is prepared to lift sanctions. (Jinshi)

  • Iran Implements Maritime Enforcement on Container Ship Ignoring Warnings

    According to Iran's Tasnim News Agency: Iran has stated that it has implemented maritime enforcement on a container ship that ignored warnings. (Jinshi)

  • Expert: Trump's Hostility Towards Iran Has Deep Roots; US-Israel Leadership Lacks Historical Foundation and Acumen

    On April 22, according to Al Jazeera, Brian Clark, Director of Defense Concepts at the Hudson Institute in Washington, stated: "Trump has expressed disdain for the Iranian leadership for many years, and he seems to have been seeking a legacy initiative that could permanently change Iran, making it at least a 'neutral or even friendlier country towards the US.' Therefore, from this perspective, it is indeed not a new goal he suddenly started pursuing. The leadership of the US and Israel believes that now might be the time to finally subdue the Iranian regime, as it is in a passive position. However, this may reflect a lack of historical foundation and acumen in the US-Israel leadership, as Iran is not a country that can easily have its existing leadership structure overthrown." (Jinshi)

  • US Spot Ethereum ETF Sees Net Inflow of $43.36 Million Yesterday

    On April 22, according to monitoring by Trader T, the US spot Ethereum ETF recorded a net inflow of $43.36 million yesterday.

  • US Spot Bitcoin ETF Sees Net Inflow of $11.83 Million Yesterday

    On April 22, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net inflow of $11.83 million yesterday.

  • BTC Surpasses $77,000

    Market data shows that BTC has surpassed $77,000, currently reported at $77,067.57, with a 24-hour increase of 1.78%. The market is experiencing significant volatility, so please ensure proper risk management.