Today, we’re pushing major structural changes to improve user experience, increase compatibility with Ethereum’s EVM, and upgrade performance on the zkSync v2 testnet. — Hello, Account Abstraction In this upgrade, we are adding Account Abstraction, a feature considered to be the “long dream of the Ethereum developer community”. In summary, the goal of account abstraction is to reduce the number of account types, or entities with an ether (ETH) balance that can send transactions.

zkEVM has arrived, the first EVM-compatible ZK Rollup on Ethereum’s testnet. The Beginning of the End Last May, we laid out our vision for zkSync’s zkEVM, a permissionless, Turing-complete ZK Rollup that would allow developers to build and deploy decentralized applications in a low-fee, highly scalable layer-2 environment using Ethereum’s native programming language, Solidity. This…

How our security systems are prepared to protect in a constantly evolving protocol — Upgradability, the Conduit for Innovation At this stage of early growth, zkSync is a rapidly evolving protocol, which requires the zkSync protocol to remain upgradable. If we were to give up upgradability, it would require all users and developers to withdraw and deposit to migrate into the new version every six months. Mastering the powers…

Banxa integration of zkSync will offer access to the industry-leading zero-knowledge scaling protocol, accelerating secure access to Layer 2 (L2) for the Ethereum network — Banxa, the world’s first listed payment service provider (PSP) and RegTech platform for the digital assets industry will integrate its fiat on-ramp platform with zkSync’s wallet. Banxa will eliminate the expensive intermediate step of depositing and withdrawing through Ethereum mainnet by supporting direct fiat onramp and offramps to zkSync’s Layer…

Fear the purple! Today we are ecstatic to announce that Tenderly, a developer platform widely used by Ethereum developers to monitor and test smart contracts, will be supporting zkSync! This integration is yet another crucial piece in ensuring a feature-rich yet familiar developer experience on zkSync. In addition to its…

Bonded by our shared values of maximum decentralization, we are excited to announce that decentralized indexing protocol The Graph is integrating with zkSync to provide an efficient way to query blockchain data. In addition to EVM-Compatibility, many DeFi and NFT protocols rely on The Graph — a critical piece of…

Matter Labs is pleased to announce that Crypto.com Capital has joined Matter Labs as a strategic funding partner to bring the power of zero-knowledge scaling technology to consumers globally. “Crypto.com Capital is pleased to support Matter Labs in their $50mm Series B funding round as they continue to build zkSync…

Covalent, a provider of indexing solutions for blockchains, is integrating with zkSync, expanding the availability of data on zkSync and simplifying the experience for developers who need reliable, high-quality data. The integration will provide a unified API to bring full transparency and visibility to assets across zkSync. zkSync 2.0 is…

We are thrilled to announce the addition of Blockchain.com Ventures as a strategic funding partner to Matter Labs’ zkSync protocol. Blockchain.com, a leading global crypto services firm, is excited to leverage the zkSync network to scale crypto. “As the crypto sector increasingly goes mainstream and more on-chain use cases emerge…