zkSync has been busy in 2024, highlighted by the successful implementation of the new prover Boojum, reducing transaction fees and hardware requirements. The community has been active, with meetups, presentations, and a zkEVM Bootcamp graduation. The DevRel team worked on migrations, plugins, and toolsets. Ecosystem projects like Cronos Chain and zkCandyHQ are utilizing zkSync, while Pudgy Penguins is set to launch Pudgy World soon.
2024 has already been a busy year for zkSync and our community. We wanted to take a step back and recap what we’ve been up to over the past couple of months 👇🏽
RWA Supercycle Analysis
Real World Assets (RWA) are gaining significant traction in the blockchain space. Recent market indicators suggest a potential supercycle forming around tokenized real-world assets. Key developments: - Traditional finance institutions increasingly exploring RWA tokenization - Regulatory frameworks becoming clearer for digital asset backed by physical assets - Infrastructure for RWA trading and settlement maturing - Growing institutional demand for on-chain real estate and commodity exposure Market analysts note this trend differs from previous crypto cycles by having stronger fundamentals and traditional finance backing. The integration of real-world assets could provide more stability and practical use cases for blockchain technology. *Learn more about RWA opportunities in our detailed report.*
StarkWare Announces Upgraded Prover Technology

StarkWare has unveiled an enhanced prover system aimed at improving transaction efficiency on their network. - New technology promises reduced transaction costs - Implementation expected to increase processing speeds - Development follows recent Circle STARKS announcement with Polygon The upgrade represents a significant step in StarkWare's ongoing efforts to optimize Layer 2 scaling solutions for Ethereum. This advancement builds upon their existing STARK-based proof system architecture. *Technical implementation details and specific performance metrics are yet to be released.*
Deutsche Bank Launches DAMA 2 on Memento's ZK Chain
Deutsche Bank has unveiled DAMA 2, a groundbreaking institutional infrastructure for onchain finance powered by zkSync's Layer 2 technology. Key features: - Built on Memento's ZK Chain using zkSync Prividium - Combines privacy, compliance, and scalability - First major institutional deployment on Ethereum L2 The project represents a significant milestone in institutional adoption of blockchain technology, providing a comprehensive blueprint for asset tokenization and servicing. [Read the official Deutsche Bank press release](https://www.db.com/news/detail/20250618-dama-2-litepaper-institutional-blueprint-for-asset-tokenisation-and-servicing-on-ethereum-layer-2)
zkSync Stack Advances Layer 2 Infrastructure with Sub-Second Proofs and Privacy Features
Layer 2 blockchain infrastructure is evolving rapidly with CLOB-specific solutions leading the way. Key developments include: - Block times under 100ms - Verifiable execution capabilities - Built-in privacy features zkSync's latest stack introduces three major components: - **Airbender**: Enables sub-second proof generation - **Prividium**: Facilitates private transaction matching - **Elastic Network**: Supports custom chain creation with shared liquidity pools This infrastructure advancement signals a shift toward specialized L2 solutions that prioritize speed, security, and privacy.
Nana Murugesan and Jeremy Allaire Discuss ZK Proofs on The Money Movement Podcast
Nana Murugesan joins Jeremy Allaire on The Money Movement podcast to explore zero-knowledge (ZK) proofs. The discussion covers: - The necessity of ZK-proofs for Ethereum scaling - ZK-powered applications in privacy and identity - How ZK technology is facilitating institutional adoption of blockchain This episode follows a recent trend of industry leaders discussing ZK technology. Previously, Sandy from Scroll emphasized the importance of developer-friendly tooling to drive real-world adoption of ZK proofs. **Listen to the full episode:** [YouTube Link](https://www.youtube.com/watch?v=oL7NM6chBQM)