Technology expands our freedoms, unleashing creativity and innovation. Both are fundamental for progress and prosperity.
Nowhere is this truer than @LensProtocol.
Learn more about Lens Network, deploying as a ZK Chain on @zksync.
“Don’t trust, verify” doesn’t just apply to ZK.
@chroniclelabs is a verifiable Oracle network launching on zkSync.
With $10B+ in assets secured for protocols like @MakerDAO, Chronicle offers decentralized, cost-efficient, & resilient Oracles for builders and users on zkSync.
I tried a lot because of @zksync !
Zksync era will reward those with genuine experience. Thank you very much zkSync Era if you receive your reward😘😘😘
$ZKS #Airdrop
1/ @Circle is launching native $USDC on @zksync.
Here’s everything you need to know 🧵
‣ USDC vs USDC.e
‣ Migrating USDC.e to USDC
‣ Official zkSync Era contract addresses
🎉 Just became the proud owner of the amazing NFT "Warrior #93" on @zksync.
Explore the incredible collection here:
https://t.co/hEwYjx7aQb
🔥 #NFTs#DigitalArt
Tell me what you think about it! 😄 #NFTCommunity#CryptoArt via @NFTs2Me
We’re excited to share, we have:
1) Raised $200M and now have a total of $458M in mission-driven funding
2) Decided to go FULL OPEN SOURCE at our next milestone
3) Reserved ⅔ of a potential future token for the ecosystem
4) Formed a partnership with @OpenZeppelin
👇1/8
You're not on Ethereum because you trust the EF, Vitalik, or its users. You’re here because Ethereum eliminates the need for trust. Even if the core devs and validators turn rogue, Ethereum will persist and thrive.
To bring Ethereum to the masses, L2s must also eliminate trust.
For better or worse, blockchains are a hyper-adversarial environment. The conflict of interest is ubiquitous, and even the most sincere actors can be compromised or forced to be evil against their will. To build something that will last, you need to choose the most resilient stronghold as your home. Key to this is technology rooted in cypherpunk ideals.
Trusting core teams is not a sufficient substitute for a trustless network.
You should be on @zksync, because ZK tech makes verifiable computation exponentially scalable. Not because you need to trust teams working on the core protocol or their own L2s, like @the_matter_labs, @grvt_io, @cronosapp, @class_lambda, @moonsonglabs_, @SlushSDK, and many other contributors.
The most critical step in achieving this vision for @zksync is the broad decentralization of the network with a resilient governance framework. This is our sole focus right now. Huge progress has been made in this direction. We are coming close.
🎉 Just became the proud owner of the amazing NFT "Mixed" on @zksync.
Explore the incredible collection here:
https://t.co/LP25cm5qng
🔥 #NFTs#DigitalArt
Tell me what you think about it! 😄 #NFTCommunity#CryptoArt via @NFTs2Me
Fantastic overview!
A couple of comments:
1. DA
~300 TPS combined for most rollups is correct.
The math for the rollups with state diffs (@zksync, Starknet) is indeed different — by orders of magnitude!
State ∆s offer superlinear compression: when you interact with the same storage slots many times within the same batch (i.e. within a given time interval), your cost remains O(1). Practically speaking, for use cases such as oracles or DEXes it means something like a 1000x increase in DA capacity.
In addition, ZK rollups with state ∆s have an option of volition, which can arbitrarily increase DA capacity at the expense of security, which is acceptable for many computational use-cases. See: https://t.co/xLpHTaTXi5
2. Why not throw hardware at the problem?
The beauty of the ZK rollup + state diffs architecture—at @zksync, we abbreviate it as (∎, ∆)—is that full nodes don't need to re-execute transactions to reconstruct the state updates (unless they want to cross-check ZK execution, which matters mostly in the early days of the protocol). They don't even need to recompute the Merkle root (because the new root hash is proven with ZK). All they have to do is to apply patches of data to a fast key-value storage. This enables easy separation between high-end validators and low-end full nodes, without compromises on decentralization.
Data junkies, it’s your time to shine.
We'll retweet the first person to answer these three questions correctly:
↳ How many transactions were processed on zkSync in the past 24 hours?
↳ What was the average cost across all zkSync transactions on Mar 23rd, 2024?
↳ How many tokens were deployed in the past 30 days?
https://t.co/alEjsJQE49
We are thrilled to launch Staking Rewards for the $wstETH liquidity pools on #zkSync 🚀
Across this program, all wstETH/ETH liquidity providers will have opportunity to earn super boosted triple rewards, provided by SyncSwap, @LidoFinance and @HoldstationW 🌊🌊🌊
Get ready! 🧵