ZkSync
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zkSync (ZK) revolutionizes Ethereum scalability by leveraging zero-knowledge rollups, a sophisticated cryptographic technique. This Layer-2 protocol enhances transaction speeds and reduces fees, addressing two of Ethereum's most pressing challenges. Unlike traditional scaling methods, zkSync ensures that Ethereum's core values—freedom, self-sovereignty, and decentralization—are preserved at scale.
Zero-knowledge rollups bundle multiple transactions into a single batch, which is then processed off-chain. This significantly reduces the computational load on the Ethereum mainnet, allowing for faster and cheaper transactions. The protocol's architecture ensures that data integrity and security are maintained, even as transaction throughput increases.
zkSync also offers a seamless user experience, integrating with various websites and technologies to provide easy access to its features. This integration is crucial for widespread adoption, as it allows users to interact with the Ethereum network without needing to understand the underlying complexities.
Privacy is another cornerstone of zkSync. The protocol employs advanced cryptographic methods to ensure that transaction details remain confidential, enhancing user security. This focus on privacy does not compromise the transparency and auditability that are essential to blockchain technology.
The zkSync Era aims to push the boundaries of what is possible with Ethereum, making it more accessible and efficient without sacrificing its foundational principles.
#Zksync $ZK
Zero-knowledge rollups bundle multiple transactions into a single batch, which is then processed off-chain. This significantly reduces the computational load on the Ethereum mainnet, allowing for faster and cheaper transactions. The protocol's architecture ensures that data integrity and security are maintained, even as transaction throughput increases.
zkSync also offers a seamless user experience, integrating with various websites and technologies to provide easy access to its features. This integration is crucial for widespread adoption, as it allows users to interact with the Ethereum network without needing to understand the underlying complexities.
Privacy is another cornerstone of zkSync. The protocol employs advanced cryptographic methods to ensure that transaction details remain confidential, enhancing user security. This focus on privacy does not compromise the transparency and auditability that are essential to blockchain technology.
The zkSync Era aims to push the boundaries of what is possible with Ethereum, making it more accessible and efficient without sacrificing its foundational principles.
#Zksync $ZK
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UBS tests digital gold investments on ZKsync: A boost for the platform's token? $ZK
Swiss banking giant UBS has taken a significant step in adopting blockchain technology by successfully conducting a proof of concept for its digital gold investment product 'UBS Key4 Gold' on the Ethereum layer 2 network, ZKsync. This initiative aims to explore ways to expand its gold offering while prioritizing customer privacy.
UBS's proof of concept allows Swiss clients to purchase physical gold with real-time pricing, high liquidity, and optional physical delivery. By utilizing blockchain technology, the aim is to enhance the efficiency and transparency of transactions, as well as reduce costs and increase accessibility to this type of investment.
UBS's proof of concept allows Swiss clients to purchase physical gold with real-time pricing, high liquidity, and optional physical delivery. By utilizing blockchain technology, the aim is to enhance the efficiency and transparency of transactions, as well as reduce costs and increase accessibility to this type of investment.
Abstract Chain: Pudgy Penguins Creator Igloo Unveils Ethereum Layer-2 Blockchain
Igloo Inc., the innovative minds behind the popular Pudgy Penguins NFT collection, has officially launched Abstract Chain, a next-generation Ethereum Layer-2 blockchain, on the mainnet. This cutting-edge network is built on ZKsync's ZK stack, leveraging zero-knowledge rollups to achieve unmatched scalability and ultra-low transaction fees for on-chain applications.
Revolutionizing Web3 Apps and Communities
Abstract Chain is purpose-built to power Web3 apps and support vibrant crypto communities. According to the project’s documentation, the network introduces advanced features like native account abstraction, enabling wallets to function as smart contracts.
These capabilities pave the way for a seamless user experience, offering options like:
Social media or email-based logins
Account recovery tools
Passkey authentication
In tandem with the launch, Igloo debuted The Portal, an intuitive blockchain platform that simplifies onboarding for Web3 users. With just an email address, users can create a wallet and access a rich ecosystem of over 100 decentralized apps (dApps), making blockchain technology more accessible than ever.
Backed by Visionary Investments
Igloo’s ambitious journey was fueled by an $11 million investment round led by Founders Fund, underlining the strong confidence in the Abstract Chain's potential. Earlier in June 2024, Igloo also acquired Frame, a Layer-2 initiative focused on empowering artists. This strategic acquisition is set to integrate Frame’s technology into Abstract Chain, enriching its ecosystem and fostering innovation.
Market Impact on Pudgy Penguins Token
Despite the successful launch of Abstract Chain, the Pudgy Penguins ($PENGU ) token has faced a 15.05% price drop, reflecting broader market trends. Over the past 30 days, the token has seen a 37% decline in value. However, this launch marks a significant milestone that could drive long-term adoption and potential market recovery.
The Road Ahead
With Abstract Chain, Igloo is setting the stage for a consumer-centric Web3 revolution, combining advanced scalability, user-friendly interfaces, and an expanding dApp ecosystem. As the blockchain landscape evolves, Abstract Chain could redefine how Web3 apps and communities interact within the decentralized world.
#AbstractChain #EthereumLayer2 #ZKSync #CryptoRevolution #Web3Innovation
$ETH
$PENGU
Revolutionizing Web3 Apps and Communities
Abstract Chain is purpose-built to power Web3 apps and support vibrant crypto communities. According to the project’s documentation, the network introduces advanced features like native account abstraction, enabling wallets to function as smart contracts.
These capabilities pave the way for a seamless user experience, offering options like:
Social media or email-based logins
Account recovery tools
Passkey authentication
In tandem with the launch, Igloo debuted The Portal, an intuitive blockchain platform that simplifies onboarding for Web3 users. With just an email address, users can create a wallet and access a rich ecosystem of over 100 decentralized apps (dApps), making blockchain technology more accessible than ever.
Backed by Visionary Investments
Igloo’s ambitious journey was fueled by an $11 million investment round led by Founders Fund, underlining the strong confidence in the Abstract Chain's potential. Earlier in June 2024, Igloo also acquired Frame, a Layer-2 initiative focused on empowering artists. This strategic acquisition is set to integrate Frame’s technology into Abstract Chain, enriching its ecosystem and fostering innovation.
Market Impact on Pudgy Penguins Token
Despite the successful launch of Abstract Chain, the Pudgy Penguins ($PENGU ) token has faced a 15.05% price drop, reflecting broader market trends. Over the past 30 days, the token has seen a 37% decline in value. However, this launch marks a significant milestone that could drive long-term adoption and potential market recovery.
The Road Ahead
With Abstract Chain, Igloo is setting the stage for a consumer-centric Web3 revolution, combining advanced scalability, user-friendly interfaces, and an expanding dApp ecosystem. As the blockchain landscape evolves, Abstract Chain could redefine how Web3 apps and communities interact within the decentralized world.
#AbstractChain #EthereumLayer2 #ZKSync #CryptoRevolution #Web3Innovation
$ETH
$PENGU
In addition to the amount of $ZK coins belonging to ZkSync in circulation on 17.06.2025, a certain amount of locked coins will be unlocked and put into circulation.
The amount of ZK coins that will be unlocked and put into circulation is 770 million ZK.
Market value in dollar terms is $116.43 million. (%3.67)
The distribution of the amount that will be unlocked and put into circulation is given in the table.
#ZK #Zksync #JuneUnlock
The amount of ZK coins that will be unlocked and put into circulation is 770 million ZK.
Market value in dollar terms is $116.43 million. (%3.67)
The distribution of the amount that will be unlocked and put into circulation is given in the table.
#ZK #Zksync #JuneUnlock
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#zksync supported by meme coin zeek (meow) increased by 6%.
zksync SS date is February 29, rumors continue.
zksync SS date is February 29, rumors continue.
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#zkSync The fastest offline batch query on the entire network is here! !
Use local data offline query: eligibility_list.csv, the query will not be submitted to the official interface and will not be blocked by witches!
zkSync airdrop offline batch query tool:
https://zksync-airdrop-ashen.vercel.app
#zksync #airdrop #美联储利率决策即将公布 #第55期新币挖矿IO
$BTC $ETH
Hello everyone! I am Lao Tian from the Wujie Club. Follow me and don’t get lost. Lao Tian will take you to the highway~
Use local data offline query: eligibility_list.csv, the query will not be submitted to the official interface and will not be blocked by witches!
zkSync airdrop offline batch query tool:
https://zksync-airdrop-ashen.vercel.app
#zksync #airdrop #美联储利率决策即将公布 #第55期新币挖矿IO
$BTC $ETH
Hello everyone! I am Lao Tian from the Wujie Club. Follow me and don’t get lost. Lao Tian will take you to the highway~
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Don't forget to follow #Airdrop on Binance web3 wallet. there is an ecosystem #zksync share airdrop.
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There is a strange group of people who say things like "I don't do any trading with 50-100$ , why are you selling a product that has increased by 300%?".
What should I do? Should I keep it for a memory? 😤
Now I can easily collect what I sold. I hope you understand what I mean.
Oh my God
#0XBULLBTC #pepe #Ripple #zksync #Dechat
What should I do? Should I keep it for a memory? 😤
Now I can easily collect what I sold. I hope you understand what I mean.
Oh my God
#0XBULLBTC #pepe #Ripple #zksync #Dechat
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The first post coming to Binance Square is zksync. Everyone is saying that zksync is about to issue an airdrop. If Starknet’s airdrop is a big deal, then zksync’s airdrop is a big deal. This is one of the key layouts of our airdrop training camp. This project is also a project that our students focus on. If you include zksynclite, we have been following this project for more than a year, and it is time to reap the rewards! #strk #zksync #空投训练营 #空投
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$ZK Sync is an advanced solution for Ethereum that makes transactions faster, cheaper and more secure. Think of it like a toll road for Ethereum, where transactions can move more smoothly without the need for long queues.
Here are some of the advantages of ZKSync:
* Fast: Transactions can be processed thousands of times faster than regular Ethereum.
* Cheap: Transaction fees are much cheaper, almost free.
* Safe: Transactions are guaranteed to be safe and protected.
* Confidential: Transaction details are kept confidential, so privacy is maintained.
* Easy to Use: Works with existing Ethereum apps and wallets.
Remember: ZK Sync is still in the development stage, so it's a good idea to do some research before using it.
How? Interested in trying ZK Sync?
#Binance #Web3 #Ethereum #zksync
Here are some of the advantages of ZKSync:
* Fast: Transactions can be processed thousands of times faster than regular Ethereum.
* Cheap: Transaction fees are much cheaper, almost free.
* Safe: Transactions are guaranteed to be safe and protected.
* Confidential: Transaction details are kept confidential, so privacy is maintained.
* Easy to Use: Works with existing Ethereum apps and wallets.
Remember: ZK Sync is still in the development stage, so it's a good idea to do some research before using it.
How? Interested in trying ZK Sync?
#Binance #Web3 #Ethereum #zksync
🎉 Daily Transaction Costs on Spotlight Layer 2 Comparison
🏆
Here are the comparison of daily transaction cost between layer 2 ecosystems
#arbitrum
#zksync
#LineaBuild
#base
#Optimism's
🏆
Here are the comparison of daily transaction cost between layer 2 ecosystems
#arbitrum
#zksync
#LineaBuild
#base
#Optimism's
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If you do a good job of robbing, it is not difficult to get a high score
But it is very difficult to get a full score, because you don’t know what specific points they will examine, and there are so many aspects that can be examined
As shown in the picture, the scoring standard of STRK, my highest account scored 6 points, 3600 coins. The full score is 7 points, 10,000 coins, one point difference, the result is several times different. It is true that one point overwhelms tens of thousands of people
So this time I tried my best to do my best in zkSync. In order to challenge the full score, I tried to increase the number of smart contracts of the boutique account to more than 50, and try to do well in other aspects. I don’t believe that I can’t get a full score💯
#空投 #撸毛 #zksync
But it is very difficult to get a full score, because you don’t know what specific points they will examine, and there are so many aspects that can be examined
As shown in the picture, the scoring standard of STRK, my highest account scored 6 points, 3600 coins. The full score is 7 points, 10,000 coins, one point difference, the result is several times different. It is true that one point overwhelms tens of thousands of people
So this time I tried my best to do my best in zkSync. In order to challenge the full score, I tried to increase the number of smart contracts of the boutique account to more than 50, and try to do well in other aspects. I don’t believe that I can’t get a full score💯
#空投 #撸毛 #zksync