Question 1

How does the zkSync blockchain work?

Accepted Answer

zkSync uses zero-knowledge rollup (ZK-rollup) technology to scale Ethereum. Multiple transactions are grouped into packets and executed in a special environment outside of the main Ethereum network. This allows for a significant increase in throughput compared to Ethereum. After a packet of transactions is executed off-chain, a cryptographic zero-knowledge proof (zero-knowledge proof) is generated, confirming that all transactions in the packet are correct. This proof is very compact in size. The generated ZK proof along with minimal metadata is published in a special smart contract on the Ethereum core network. Due to the compactness of the proof, this requires much less computational resources and gas than performing all transactions directly on Ethereum. The smart contract on Ethereum efficiently verifies the ZK proof by confirming the validity of all transactions in the bundle. Thus, the security of the transactions is ensured by the Ethereum core network, despite the fact that they were executed off-chain.

Question 2

What are the advantages of zkSync?

Accepted Answer

zkSync offers scalability, low fees, Ethereum compatibility, security, transaction privacy and an emerging ecosystem of dApps, making it a promising solution for scaling Ethereum.

Question 3

Who created the zkSync blockchain and when?

Accepted Answer

The zkSync blockchain was created in June 2020 by Matter Labs, a blockchain technology startup founded in 2018 by Alex Glukhovsky and Alex Vlasov.

Question 4

What are the development prospects for the zkSync blockchain?

Accepted Answer

Thanks to ongoing scaling efforts, development of the dApps ecosystem, tokenization, expansion of functionality and hyperchain concept, as well as increased decentralization and security, the zkSync blockchain has significant potential for further growth and strengthening its position as a leading Ethereum scaling solution.

Blockchains	22
DEXes	804
Pools	3122470
Tokens	1814447
Farms	4601
NFTs	Soon...

	Token	Price $	Age	TVL	MKT CAP	TXNS	Vol	5m	1h	4h	24h
	Token	Price $	Age	TVL	MKT CAP
151	DERP-WETH	$0.0₈6071	-	$17К	$138.75К	3	6.2	0%	0%	-0.11%	3.25%
152	RF-WETH	$0.01063	-	$17К	$836.10К	8	52	-0.09%	-0.16%	-0.98%	-6.39%
153	FANG-USDC.e	$0.009809	-	$17К	$92.53К	0	<1	0%	0%	0%	0.58%
154	SPACE-WETH	$0.02733	-	$17К	$617.93К	4	21	0%	0%	-0.97%	0.34%
155	LUSD-USDC.e	$0.4655	-	$17К	$147.57К	21	145	0%	-0.07%	0.55%	-1.08%
156	rETH-WETH	$7,504.95	-	$17К	$2.4M	0	<1	0%	0%	0%	0%
157	FLASHDASH-WETH	$0.0₁₀3081	-	$16К	$19.85К	0	<1	0%	0%	0%	0%
158	SHIB-WETH	$0.00001523	-	$16К	$17.47К	0	<1	0%	0%	0%	-0.63%
159	FANG-WETH	$0.009672	-	$16К	$91.79К	5	30	0%	-0.43%	-0.81%	0.66%
160	VC-WETH	$0.001333	-	$15К	$156.15К	2	<1	0%	0%	-0.65%	54.33%
161	Cake-WETH	$1.7	-	$15К	$259.89К	10	22	0%	-0.50%	-1.31%	0.36%
162	BEG-WETH	$0.00005299	-	$14К	$52.82К	3	98	0%	-0.61%	-1.77%	0.21%
163	ZK-WETH	$0.1782	-	$14К	$1.99B	23	246	-0.19%	-0.19%	0.03%	1.65%
164	WETH-USDC	$3,466.99	-	$14К	$41M	6	102	0%	-0.12%	-0.53%	1.68%
165	ZK-USDT	$0.1798	-	$13К	$1.95B	98	538	0.74%	-1.39%	2.29%	1.87%
166	WLD-WETH	$2.22	-	$13К	$11.61К	3	150	0%	-0.08%	-0.10%	-1.11%
167	ZKE-WETH	$0.09142	-	$13К	$4.6M	1	110	0%	0%	0%	0%
168	ZK-USDT	$0.1774	-	$13К	$1.98B	16	194	0%	-3.23%	-0.60%	0.32%
169	ZKE-WETH	$0.08835	-	$13К	$4.4M	2	148	0%	0%	0%	0%
170	FRAX-USDT	$0.2279	-	$13К	$56.97К	2	<1	0%	0%	-0.00%	-0.65%
171	USDT-USDC.e	$0.8478	-	$13К	$13M	2	2.7	0%	-0.08%	-0.08%	-0.06%
172	DAI-USDT	$1	-	$13К	$888.38К	11	2.6К	0%	0%	-0.01%	-0.01%
173	USDT-USDC.e	$0.8349	-	$12К	$13M	1	<1	0%	0%	0%	2.67%
174	WETH-USDC.e	$3,469.75	-	$12К	$41M	7	17	-0.08%	-0.08%	-0.51%	2.54%
175	ZK-USDC	$0.1778	-	$12К	$1.98B	239	21К	-0.62%	-2.91%	2.12%	1.96%
176	WETH-USDC.e	$3,511.04	-	$12К	$42M	0	<1	0%	0%	0%	4.32%
177	WBTC-ZK	$62,930.55	-	$12К	$10M	25	352	0%	-0.53%	-0.84%	3.07%
178	WISP-WETH	$0.00008849	-	$12К	$8.88К	1	<1	0%	0%	0%	2.08%
179	MUTE-USDC.e	$0.05192	-	$12К	$1.9M	0	<1	0%	0%	0%	2.06%
180	ZKID-WETH	$0.0192	-	$12К	$1.3M	1	14	0%	0%	0%	4.10%
181	WETH-USDC.e	$3,448.95	-	$12К	$41M	9	10	0%	-0.72%	-0.55%	1.31%
182	BUSD-USDC.e	$0.9906	-	$11К	$681.22К	5	95	0%	-0.62%	-0.78%	-0.22%
183	ZF-WETH	$0.01552	-	$11К	$9.6M	53	811	0%	-1.16%	-2.41%	-10.12%
184	ZKDX-WETH	$0.005247	-	$11К	$251.65К	2	166	0%	0%	0%	4.94%
185	ZOLLO-WETH	$0.0₆8612	-	$11К	$8.62К	0	<1	0%	0%	0%	0%
186	PANDA-WETH	$0.0005824	-	$11К	$22.57К	2	12	0%	0%	-0.23%	1.20%
187	ZKE-WETH	$0.09083	-	$11К	$4.5M	1	109	0%	0%	0%	1.06%
188	MEOW-WETH	$0.0₅4767	-	$11К	$4.8M	4	137	0%	-0.51%	-0.10%	30.93%
189	ZksEx-WETH	$0.0₅9066	-	$11К	$9.04К	0	<1	0%	0%	0%	0%
190	WETH-USDC.e	$3,488.32	-	$10К	$42M	0	<1	0%	0%	0%	3.54%
191	KOI-WETH	$0.02633	-	$10К	$26M	9	49	0.02%	-0.39%	0.57%	2.82%
192	WETH-USDC.e	$3,517.71	-	$ 9.8К	$42M	10	203	0%	-0.52%	0.69%	1.54%
193	ZKDERPINA-WETH	$0.0₉1337	-	$ 9.3К	$9.22К	0	<1	0%	0%	0%	0%
194	WBTC-WETH	$63,021	-	$ 8.8К	$10M	3	12	0%	0.09%	-0.18%	3.18%
195	PEPE-WETH	$0.00001128	-	$ 8.8К	$202.99К	1	<1	0%	0%	0%	0%
196	ZKPEPE-WETH	$0.0₅5069	-	$ 8.7К	$492.07К	38	499	-0.58%	10.20%	7.60%	3.43%
197	WETH-USDC.e	$10,459.7	-	$ 8.7К	$126M	0	<1	0%	0%	0%	2.69%
198	crvUSD-USDT	$0.2242	-	$ 8.7К	$5.28К	2	<1	0%	0%	-0.01%	-1.44%
199	WETH-WETH	$3,389.07	-	$ 8.5К	$45.79К	0	<1	0%	0%	0%	0%
200	WETH-USDC.e	$3,488.66	-	$ 8.4К	$42M	0	<1	0%	0%	0%	3.34%

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