October 27, 2022, 3:49PM EDT
• 6 min read

State of Scaling Issue 9: Summary of zkSync 2.0

Quick Take

  • In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding.
  • With days left before the mainnet launch of zkSync 2.0, there has been some scrutiny over some of the technical improvements that zkSync brings to the Ethereum ecosystem.
  • The proof generation for zkSync is currently closed-sourced, which means that the sequencer for zkSync is centrally operated for now.
  • In terms of adoption, zkSync has attracted a handful of applications that intend to deploy on the Solidity-friendly environment provided by zkSync 2.0’s zkEVM.
  • zkSync has hinted at an eventual token, although the tokenomics, utility and distribution plan has yet to be communicated.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here