Key Points:

  • The zkSync 2.0 test network will undergo a regenerative update on February 8.

  • This event is intended to prepare for the upcoming milestone Fair Onboarding Alpha.

  • This reinvention introduces groundbreaking changes.

zkSync, Ethereum’s second layer network based on the ZK Rollup, tweeted that the zkSync 2.0 testnet will undergo a regenerative update on February 8.

zkSync 2.0 Testnet Be Updated February 8 To Prepare For Fair Onboarding Alpha 4

Regeneration is coming in preparation for Fair Onboarding Alpha. The recreating process will reset transaction history and token balance and require teams to redeploy the contract. This only applies to the zkSync 2.0 test network, not zkSync 1.0.

Devs on zkSync 2.0 testnet, the system will undergo a regenesis on Wed., Feb. 8 to prepare for Fair Onboarding Alpha. The regenesis will reset transaction history, token balances & require teams to redeploy contracts. This only applies to zkSync 2.0 testnet & not zkSync 1.0.1/3

— zkSync (@zksync) February 3, 2023

According to the project, this reinvention introduces breaking changes, including updates to:

  1. Account summary/payment manager

  2. SDK

  3. L1 contract

As previously shared by the project, the next major milestone of zkSync 2.0 is the Fair Onboarding Alpha which will be released soon. It will allow developers to test code in a closed environment that considers the system’s overall cost, improves evidence generation performance, and corrects all audit findings.

zkSync 2.0 Testnet Be Updated February 8 To Prepare For Fair Onboarding Alpha 5

It is known that the duration of Fair Onboarding Alpha will be determined together with the ecosystem project. During the Alpha phase of fair implementation, the system will be closed to external users. Upon completion, the system will enter the Alpha phase of full launch and open to external users.

Scaling and cost reduction on the Ethereum (ETH) network has become the focus of most solutions today. There are currently four specific solutions for scaling the Ethereum network: Sidechain, Plasma, Rollup, or State channel. While the Optimistic rollup has yet to prove much since the mainnet, Sidechain, and Plasma are still suffering from some security flaws, expectations are now placed on zk-Rollup solutions.

However, zkSync is a solution attracting a lot of attention from big names in the market, such as Binance, Ethereum Foundation, and Coinbase.

Besides, zkSync 2.0 (or zkSync v2) is an upgraded version of zkSync. zkSync v2 is made to look like Ethereum with smart contracts written in Solidity/Vyper but with lower fees. It gives developers design space to experiment with applications not possible on Ethereum today.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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