What is ZkSync

Тема в разделе "English (Bitcoin Forum)", создана пользователем Denislav, 2 янв 2023.

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  1. Denislav

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    What Is ZKsync?

    zkSync is a Layer 2 of Ethereum that aims to solve the issue of scalability using zkRollup technology.

    The term refers to the combination of zero-knowledge proofs and on-chain data availability, which allows validation running trustlessly.

    Proofing mechanism within zkRollup is also known as ZK-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge).

    It helps to validate possession of information without revealing that information (such as using a secret key) based on a new complex mathematical technology.

    ‘ZK-SNARKs’ reduces gas fees and enhances processing speed of a network significantly.

    At this point, users can bridge most assets from Ethereum to zkSync to trade efficiently.

    That includes ETH, WBTC, and ERC-20.

    Minting NFT on the chain is available as well.

    Aside from paying fee with ETH, users can also choose DAI for gas fee payment.


    ZkSync Airdrop – ZkSync Retroactive

    zkSync airdrop event is not an official one, but a retroactive case.

    This means the event is not a guaranteed thing, but a high probability match.

    Supporters will be able to receive free native token of zkSync once it launches in the near future.

    To be eligible, you need to actually participate in the network, below is a few things you can do.


    Join The Mainnet – First Step To ZkSync Airdrop

    Connect To ZkSync Mainnet


    At first, you can start by connecting your current Ethereum wallet to zkSync Mainnet.

    1. Go to https://zksync.su
    2. Choose ‘Wallet Connect’
    3. Scan the QR with KEYRING PRO
    4. Tap ‘Connect’
    You should be connected to zkSync Mainnet once signed. It is just the first step.

    The network only recognizes your activities when you make a few transactions, or just simply approve a token.

    In that case, depositing to zkSync Mainnet is necessary.


    Deposit To ZKsync Mainnet


    If you already have some ETH in your wallet, zkSync Bridge will be the most convenient option.

    You just need to bridge a small amount of ETH (Ex: $50 USD, or less) to zkSync for gas fee, as fee is also denoted to ETH on this Layer 2.

    To have the best estimation, please use our ETH to USD Converter.

    1. Click on ‘Top up’
    2. Choose ‘zkSync’
    3. Choose ETH, set an amount
    4. Click the ‘Top up’ button
    5. Approve transaction on KEYRING PRO
    Once completed, your bridged ETH will appear on your zkSync wallet.