zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet
Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker and Curve, are set to launch March 24 on zero-knowledge proof roll-up zkSync Era.
The Ethereum layer 2 scaling network has finally opened to users in alpha after four years in development, enabling faster and cheaper transactions. It is the first Ethereum Virtual Machine compatible zk-Rollup to launch on mainnet (competitor StarkWare uses a bespoke language called Cairo), allowing most Ethereum DApps to simply port over with very few changes.
Between 32 to 50 projects are expected to go live on March 24 or over the weekend, including Balancer, Pyth Network, Mute, Redstone, Graph and Argent. Banxa, Yearn Finance, Celer, Chainlink, Aragon, Woo Network and Tracer DAO are also porting to the network.
“Friday for us is the big one, it’s full launch alpha,” Anthony Rose, the head of engineering for zkSync developer Matter Labs, told Cointelegraph earlier in the week.
While zkSync Era can provide scaling "orders of magnitude" greater than Ethereum’s current 10 to 12 transactions per second (TPS), Rose said it would offer “tens of TPS” initially and scale up as demand requires.
The project launched its “fair onboarding alpha” on Feb. 17, allowing projects to port over and test out security and optimizations. Matter Labs said it spent $3.8 million on security testing, seven independent security audits and a bug bounty program to reduce the risk of any incidents.
The mission continues, and we’ve got more exciting news to share from zkSync Era’s fast-growing ecosystem. Today, we’re announcing our collaboration with WEMADE, creators of @WemixNetwork, to make the future of blockchain gaming a reality. #jointhemissionhttps://t.co/UVBHE838Rr
Zk-Rollups —
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