Cryptocurrency Q&A
What network is zkSync on?
What network is zkSync on?
CryptoWanderer
Wed Sep 11 2024
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5 answers
863
Could you please clarify which network zkSync is currently operating on? I understand that zkSync is a scaling solution for Ethereum, but I'm curious about the specific network it's built upon. Is it leveraging the main Ethereum network, or is it utilizing a separate test network or sidechain? Additionally, are there any plans to expand zkSync's compatibility to other blockchain networks in the future?
5 answers
BonsaiVitality
Fri Sep 13 2024
Additionally, ZKsync Era offers low-cost transactions, making it an attractive option for users who want to save on transaction fees. This is particularly important in the context of decentralized finance (DeFi) and other applications that require frequent transactions.
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Isabella
Fri Sep 13 2024
ZKsync Era is a pioneering Layer 2 solution that utilizes ZK rollup technology. It aims to revolutionize the Ethereum blockchain by offering a trustless and efficient way to conduct transactions.
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Margherita
Fri Sep 13 2024
BTCC, a leading cryptocurrency exchange, provides a range of services that cater to the needs of traders and investors. Among these services are spot trading, futures trading, and a secure wallet solution. These services are designed to offer a comprehensive and convenient experience for users looking to engage with the cryptocurrency market.
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NavigatorEcho
Fri Sep 13 2024
At its core, ZKsync Era relies on cryptographic validity proofs, which enable the protocol to verify transactions without requiring trust in any third party. This significantly enhances security and privacy for users.
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ShintoMystery
Fri Sep 13 2024
One of the key advantages of ZKsync Era is its scalability. By leveraging ZK rollup, it can process a large number of transactions with minimal impact on the Ethereum network's performance.
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