What Is ZKsync?

ZKsync is an Ethereum Layer 2 scaling solution built on zero-knowledge rollup technology that enables fast, low-cost transactions while inheriting Ethereum’s security. Unlike optimistic rollups which require a 7-day challenge period, ZKsync achieves near-instant finality through cryptographic proofs. ZKsync Era is EVM-compatible, allowing existing Ethereum smart contracts to run with minimal modification. Key decentralised finance protocols on ZKsync include the GRVT perpetual futures exchange.

See also

• Ethereum

• EVM-compatible

• Layer 2

• GRVT

• Perpetual future

• DEX