ZKSYNC
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Famous Cryptocurrency Analyst Targets 'ZKSYNC' Ethereum Scaling Solution Set to Soar
#ZKSYNC Renowned cryptocurrency analyst Pentoshi, who has previously accurately predicted the peak of the Bitcoin bull market in 2021, believes that Ethereum (ETH) scaling solution ZKSYNC is currently trading under The radar is preparing to lift off on Pentoshi. Told his 727,200 followers on social media platform Because it is a scalable solution zero-knowledge proof (ZKP) developed by a team of experts from ConsenSysZKSYNC It works by using ZKP to significantly reduce the size of Ethereum transactions, allowing it to accommodate more transactions without compromising network security. Pentoshi expects ZKSYNC to attract more users. As it is a powerful and secure scaling solution, more detailsZKSYNC It was first released in 2021 and is currently in development. It is expected to be completed by 2023. ZKSYNC is backed by many leading companies such as ConsenSys, Coinbase Ventures, and Andreessen Horowitz. Financial investors interested in investing in ZKSYNC are advised to closely monitor the situation. Because it tends to rise strongl#Pentoshi#ConsenSys#Coinbase#AndreessenHorowitz#ZKP#Ethereum#Scaling#Siamstr
zkEVM-based mainnet to adopt zkSync Era, Gambit
This article is sponsored by a third party.
Gambit, with its ambitious goal to be the leading leveraged trading platform in the zkSync Era, stands on the cusp of redefining blockchain-based leveraged trading. Leveraging advanced technology and unique features, the platform is set to offer diverse asset offerings, competitive fees, and superior security, making it an ideal choice for traders seeking a decentralized trading solution.Moreover, Gambit has successfully integrated with Pyth Network, an advanced oracle ecosystem, to deliver real-time price updates and access to a vast array of real-world data.
A distinguishing feature of Gambit's offering is its strategic utilization of Pyth Network. The Pyth Network, an advanced oracle system, provides unparalleled protection by factoring in estimated uncertainty using available information - a service not offered by any other oracle system. Coupled with Gambit's unique data aggregation from multiple oracles, it ensures the highest accuracy and safety, guarding against single point failures, a considerable step ahead of its competitors.
Another innovative aspect of Gambit's core includes the USD stablecoin vault and CNG token staking. These features allow users to stake USD stablecoin to receive ERC-4626-based yield-bearing tokens, thus providing liquidity for synthetic trades. This commitment to efficient and innovative trading solutions underlines Gambit's dedication to its users.
Gambit also excels in offering a cost-effective trading environment, with up to 200x leverage and gas costs at just 1/13th of the Ethereum mainnet. As the world's first zkEVM-based mainnet to adopt zkSync Era, Gambit ensures lower fees, at least 20% less than its competitors. With its secure, user-friendly, and economical trading experience backed by real-time data and precision, Gambit is poised to become the go-to platform for blockchain leveraged trading.
#ZKEVM #ZKSYNC #KOREA
Gambit, with its ambitious goal to be the leading leveraged trading platform in the zkSync Era, stands on the cusp of redefining blockchain-based leveraged trading. Leveraging advanced technology and unique features, the platform is set to offer diverse asset offerings, competitive fees, and superior security, making it an ideal choice for traders seeking a decentralized trading solution.Moreover, Gambit has successfully integrated with Pyth Network, an advanced oracle ecosystem, to deliver real-time price updates and access to a vast array of real-world data.
A distinguishing feature of Gambit's offering is its strategic utilization of Pyth Network. The Pyth Network, an advanced oracle system, provides unparalleled protection by factoring in estimated uncertainty using available information - a service not offered by any other oracle system. Coupled with Gambit's unique data aggregation from multiple oracles, it ensures the highest accuracy and safety, guarding against single point failures, a considerable step ahead of its competitors.
Another innovative aspect of Gambit's core includes the USD stablecoin vault and CNG token staking. These features allow users to stake USD stablecoin to receive ERC-4626-based yield-bearing tokens, thus providing liquidity for synthetic trades. This commitment to efficient and innovative trading solutions underlines Gambit's dedication to its users.
Gambit also excels in offering a cost-effective trading environment, with up to 200x leverage and gas costs at just 1/13th of the Ethereum mainnet. As the world's first zkEVM-based mainnet to adopt zkSync Era, Gambit ensures lower fees, at least 20% less than its competitors. With its secure, user-friendly, and economical trading experience backed by real-time data and precision, Gambit is poised to become the go-to platform for blockchain leveraged trading.
#ZKEVM #ZKSYNC #KOREA
#Write2earn
ZkSync Airdrop Boosts ZK Token to $900M TVL Despite Initial Hurdles
#ZKSYNC $ZK #AIRDROP #ZKsyncAirdrop
ZK Token Launch
The new ZK token, despite a 20% drop, boasts a market cap of over $900 million in total value locked (TVL).
High Engagement from ZkSync Airdrop
ZkSync’s airdrop on June 17 created significant excitement, with 45% of tokens claimed by 225,000 addresses within two hours. The surge in activity caused some network slowdowns, prompting capacity enhancements.
Anticipation and Background
The airdrop was eagerly awaited following Matter Labs’ launch of zk-EVM in March 2023, which increased its popularity. This, along with Arbitrum's recent token release, boosted interest in ZkSync Era, now ninth among Layer 2 networks with $776.4 million in TVL and 6.9 TPS.
ZkSync Lite and Eligibility
Launched in June 2020, ZkSync Lite focuses on fast and affordable transfers. Eligibility for the airdrop required users to transfer assets to ZkSync Era and meet additional criteria. About 17.5% of the token supply was distributed to 695,000 wallets, each receiving 450 to 100,000 tokens.
Market Performance
The ZK token’s market cap is $927 million, with a fully diluted valuation of nearly $5.3 billion, despite a recent 20% decline.
ZkSync Airdrop Boosts ZK Token to $900M TVL Despite Initial Hurdles
#ZKSYNC $ZK #AIRDROP #ZKsyncAirdrop
ZK Token Launch
The new ZK token, despite a 20% drop, boasts a market cap of over $900 million in total value locked (TVL).
High Engagement from ZkSync Airdrop
ZkSync’s airdrop on June 17 created significant excitement, with 45% of tokens claimed by 225,000 addresses within two hours. The surge in activity caused some network slowdowns, prompting capacity enhancements.
Anticipation and Background
The airdrop was eagerly awaited following Matter Labs’ launch of zk-EVM in March 2023, which increased its popularity. This, along with Arbitrum's recent token release, boosted interest in ZkSync Era, now ninth among Layer 2 networks with $776.4 million in TVL and 6.9 TPS.
ZkSync Lite and Eligibility
Launched in June 2020, ZkSync Lite focuses on fast and affordable transfers. Eligibility for the airdrop required users to transfer assets to ZkSync Era and meet additional criteria. About 17.5% of the token supply was distributed to 695,000 wallets, each receiving 450 to 100,000 tokens.
Market Performance
The ZK token’s market cap is $927 million, with a fully diluted valuation of nearly $5.3 billion, despite a recent 20% decline.
🔰FOLLOW FOR MORE CONTENT 🔰 #ZKSYNC Overview/Landscape, ITS ONE OF THE MOST IMPORTANT PROJECTS to keep in MIND. LISTEN HERE: Today #Binance has completed the integration of ETH on ZKSYNC ERA for Deposits and Withdrawals.
-Deposit of Ethereum (ETH) on the zkSync Era network will take 24 hours to be credited to users’ Binance accounts due to zkSync Era FINALITY mechanics.
-Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
BINANCE OFFICIAL LINK: https://www.binance.com/en/support/announcement/binance-completes-integration-of-ethereum-eth-on-zksync-era-network-opens-deposits-and-withdrawals-ee1c87b20f2248618446bf21d72556ed
#bitcoin #ETH #cryptocurrency
-Deposit of Ethereum (ETH) on the zkSync Era network will take 24 hours to be credited to users’ Binance accounts due to zkSync Era FINALITY mechanics.
-Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
BINANCE OFFICIAL LINK: https://www.binance.com/en/support/announcement/binance-completes-integration-of-ethereum-eth-on-zksync-era-network-opens-deposits-and-withdrawals-ee1c87b20f2248618446bf21d72556ed
#bitcoin #ETH #cryptocurrency
🚨🚨 Breaking : ZkSync planning on token generation this week with airdrop in middle of June:#zkSynkEra #ZKS #ZKSYNC $ZKS