ZKsync $ZK waiting for ETH bullrun? Alt explosion is somewhere.

28 Sep

*Project description:
ZKsync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge rollups (ZK-Rollups) to provide faster and cheaper transactions while maintaining Ethereum’s security and decentralization.

*Type of project:
Layer 2 scalability solution with ZK-Rollups.
*Is it under a block?:
Yes, ZKsync operates on Ethereum as a Layer 2 solution, leveraging ZK-Rollups to scale Ethereum’s transaction throughput without compromising on security.
*Latest update or news:
As of August 2024, ZKsync launched its zkPorter feature, combining on-chain and off-chain data availability to significantly boost scalability and reduce gas fees for decentralized applications (dApps).

*Narrative:
Layer 2 scalability, ZK-Rollups, and Ethereum ecosystem.

*Why is it a good investment?
*Institutional Backers and Angel Investors:

1. a16z (Andreessen Horowitz):
   Andreessen Horowitz has invested in ZKsync, recognizing its role in solving Ethereum’s scalability challenges through zero-knowledge proofs and ZK-Rollups.
   
2. Framework Ventures:
   Framework Ventures has also backed ZKsync due to its technical innovations in Layer 2 solutions and its potential to significantly reduce transaction costs on Ethereum.
   
3. Union Square Ventures (USV):
   USV has supported ZKsync, seeing its potential to become a key infrastructure layer in the Ethereum ecosystem, especially for scaling decentralized applications.

*Angel Investors:

1. Vitalik Buterin (Co-founder of Ethereum):
   While not a direct investor, Buterin has been a strong advocate for Layer 2 scaling solutions like ZKsync that focus on zero-knowledge proofs, aligning with Ethereum’s long-term roadmap.
   
2. Stani Kulechov (Founder of Aave):
   Known for his support of DeFi scalability solutions, Kulechov has expressed interest in ZKsync’s potential to reduce transaction fees for DeFi platforms, though no direct investment is confirmed.

*Futuristic Use Case:

• Scalability for Ethereum-based dApps:
  ZKsync enables decentralized applications on Ethereum to process transactions faster and cheaper by using ZK-Rollups, making it ideal for DeFi, gaming, and NFT platforms.
  
• DeFi cost reduction:
  By lowering gas fees and increasing transaction throughput, ZKsync allows DeFi protocols to operate more efficiently, making it an attractive solution for developers and users alike.
  
• Cross-chain interoperability:
  ZKsync is working towards integrating with other Layer 1 and Layer 2 solutions, allowing seamless interoperability across different blockchain ecosystems, which will enhance cross-chain DeFi and NFT trading.
  
• Enterprise and institutional adoption:
  As enterprises begin to explore blockchain solutions, ZKsync’s ability to scale Ethereum efficiently could attract institutional adoption, offering secure and scalable transaction capabilities.

*Why will it make a significant amount of profits?

• Unique competitive edge:
  ZKsync’s use of ZK-Rollups provides a more scalable and secure solution compared to other Layer 2 solutions like Optimistic Rollups. Its ability to settle transactions on Ethereum while reducing gas fees makes it a standout choice for developers and users.
  
• Growing demand for Layer 2 solutions:
  As Ethereum continues to face congestion and high gas fees, the demand for Layer 2 solutions like ZKsync will increase, driving the adoption of the platform and ZK tokens.
  
• zkPorter and scalability features:
  ZKsync’s zkPorter feature, which combines on-chain and off-chain data availability, enhances scalability for decentralized applications. This innovation allows ZKsync to handle more transactions with lower fees, attracting more dApps and users to the platform.
  
• Long-term integration with Ethereum 2.0:
  As Ethereum transitions to its full Ethereum 2.0 upgrade, ZKsync will continue to be a critical scaling solution, working alongside Ethereum to support a growing number of users and applications, ensuring sustainable growth for ZK.

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21 Okt

Catatan

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