zkSync Highlights Technological Progress and Roadmap for Scaling Ethereum
zkSync Highlights Technological Progress and Roadmap for Scaling Ethereum
🔐 Scaling Verifiability
zkSync, an Ethereum zkRollup Layer 2 project, has shared updates on its progress in scaling Ethereum through zero-knowledge proofs. In 2023, the team focused on laying the technological foundations, including shipping the ZK Stack framework, deploying the Boojum proof system, achieving 188 TPS during an event, and undergoing a major security audit. The team emphasizes the importance of decentralization, security, and verifiability in their approach. For 2024, the priority is making zkSync the best platform for building decentralized applications by focusing on decentralization and scaling verifiability through zero-knowledge proofs. The ultimate goal is to enable unlimited throughput on Ethereum while maintaining verifiability on lightweight devices.
Huge misconception. Ethereum is the world's settlement layer not because it has the largest economic security, but because it's the LARGEST VERIFIABLE BLOCKCHAIN with smart contracts. You don't need to trust validators. You can run a full node on a laptop, the cost is very low.
By today's market prices, Ethereum has $110b staked while Solana stands at $70b staked. Solana's economic security is getting really close to that of Ethereum. Isn't economic security one of the major reasons L2s choose Ethereum as its home?
Massive amount of work went into making @zksync the most scalable, secure, reliable and affordable ZK EVM. I'm deeply grateful to many teams and individuals who contributed to this colossal effort. 2023 was the year of laying the technological fundamentals for Ethereum's
zkSync Era is a year old! In that year, we: 🛠️ Shipped the ZK Stack, a modular framework for building sovereign hyperchains 💻 Deployed the Boojum proof system to reduce hardware requirements 🏎️ Hit 188 TPS during 2023’s Inscription Event 🔒 Hosted the largest Code4rena
zkSync Era is a year old! In that year, we: 🛠️ Shipped the ZK Stack, a modular framework for building sovereign hyperchains 💻 Deployed the Boojum proof system to reduce hardware requirements 🏎️ Hit 188 TPS during 2023’s Inscription Event 🔒 Hosted the largest Code4rena
gm zkEVM! 👋🏻 zkSync Era Mainnet Alpha is now open to all users. Developers, projects, and users can now experience the power of zkEVM. Read more: blog.matter-labs.io/gm-zkevm-171b1… 1/11
zkSync Lite Shuts Down as Team Pivots to Institutional Finance Layer
zkSync is **sunsetting its Lite product** after determining it fulfilled its original mission. The team is now shifting focus to **Prividium**, a new settlement and coordination layer designed specifically for institutional finance on Ethereum. The new direction emphasizes: - Private execution and selective disclosures - Settlement anchored to Ethereum - Adoption from financial institutions zkSync positions this pivot as building infrastructure for "programmable settlement" as traditional finance evolves, with the $ZK token underpinning network activity. Full details: [zkSync blog post](https://www.zksync.io/blog/zksync-lite-sunset)
ZKsync Lite Shutdown: Security Council Verifies State Root, Claims Delayed 203 Days
**Transaction Submission Paused** ZKsync has halted transaction submissions as the Security Council verifies the final state root before activating the claim contract. **Key Timeline** - Withdrawals: Enabled after verification completes - Expected verification time: Approximately 4,872 hours (~203 days) - Claims: Will only go live after verification is complete **Important Reminders** - Funds not withdrawn before May 4 are **not lost** - All funds remain fully claimable through upcoming tools - Read-only API will stay online for at least one year - Funds remain protected under governance The team will share updates once claiming becomes available.
Lite Withdrawal Portal Launches with Sponsored Withdrawals and Independent Verification
Users with funds on Lite can now claim their balances on Ethereum L1 through a new dedicated withdrawal portal. **Key Features:** - Independent verification tools published for transparency - First 100,000 withdrawals will be sponsored - Withdrawal mechanism placed under Token Assembly governance - Process designed to reduce dependence on single operators All funds remain safely accessible and claimable on the Ethereum mainnet.
ZKsync Lite Block Production Ends After Pioneering L2 Era
**ZKsync Lite officially ceased block production on May 4, 2026**, marking the end of an era for one of Ethereum's pioneering Layer 2 solutions. **Key Points:** - ZKsync Lite was the first mainnet proof-of-concept for ZK rollups, demonstrating zero-knowledge scaling in production - The platform onboarded millions of users and helped scale Ethereum during a critical period - This is a **planned and orderly sunset** that was previously communicated to users - The shutdown **does not affect ZKsync Era** or any other ZKsync Chains - Users were advised on how to safely withdraw their funds before the deadline ZKsync Lite served as a payments-focused rollup that proved the viability of ZK technology for Ethereum scaling. Its legacy continues through ZKsync Era and other chains in the ecosystem.
ZKsync Protocol v31 Upgrade Proposal Introduces Native Chain Interoperability
ZKsync has submitted its v31 protocol upgrade proposal (ZIP-16) to the governance forum for community review. **Key Features:** - **ZKsync Connect**: Native interoperability between ZKsync Chains using $ZK token - **Stage 1 Support**: Enhanced capabilities for L1-settling chains - **Expanded Compatibility**: Broader ZKsync OS support The upgrade focuses on improving cross-chain communication within the ZKsync ecosystem. Native interop allows different ZKsync chains to interact seamlessly while denominating transactions in $ZK. The proposal is currently open for governance discussion, allowing the community to review and provide feedback on the technical specifications and implementation timeline.