ZKsync Pivots Focus to Private Institutional Infrastructure Over L2 Positioning
ZKsync Pivots Focus to Private Institutional Infrastructure Over L2 Positioning
馃彟 ZKsync's institutional pivot
ZKsync is reframing its positioning in the Ethereum ecosystem. Rather than marketing itself as a Layer 2 solution, the project is now emphasizing its role as private institutional infrastructure.
Key Points:
- ZKsync views Ethereum as "the best settlement layer that exists"
- The project aims to onboard the entire financial system onchain
- Focus is on providing privacy solutions for institutions
- Institutions can build using their existing stack while settling on Ethereum
This strategic messaging shift highlights ZKsync's ambitions beyond retail crypto users. The project is positioning itself to serve traditional financial institutions that require privacy and compliance features while maintaining connection to Ethereum's settlement layer and broader blockchain ecosystem.
"We are not building an L2. We are building a private institutional infrastructure that is using Ethereum because it's the best settlement layer that exists." @gluk64 sharing ZKsync's vision to onboard the whole financial system onchain on @DefiantNews and @CamiRusso.
zkSync CEO Alex Gluchowski Discusses Private Infrastructure at Consensus
zkSync CEO Alex Gluchowski sat down for an interview at Consensus to discuss the project's approach to private infrastructure and the future of zkRollup technology. **Key Topics:** - Private infrastructure development for zkSync - The evolution of Layer 2 scaling solutions - zkSync's vision for Ethereum scalability The full interview provides insights into how zkSync is building infrastructure to support mass adoption of crypto while maintaining user sovereignty. [Watch the full interview](https://www.zksync.io/media/alex-gluchowski-zksync-private-infra-consensus)
馃敂 Season 1 Extended to May 11th
Season 1 has received a **small extension** and will now conclude on **Monday, May 11th**. The extension accommodates the final mint of the season. **Key Details:** - Rewards will stop streaming after May 11th - Extension allows time for the season's final mint to complete - A comprehensive Season 1 report with key takeaways will be published by end of May This marks the official end of the first season, with the Staking Pilot Program Admin preparing a public summary of results and learnings.
ZKsync Staking Pilot Program Season 1 Report Coming End of May
The **Staking Pilot Program Admin** will publish a comprehensive report summarizing Season 1's key findings and takeaways. The report will be **shared publicly by the end of May** following the conclusion of Season 1. - Season 1 of the ZKnomics Staking Pilot Program launched in February - Participants have been earning $ZK rewards throughout the season - The upcoming report will provide insights into program performance and learnings
ZKsync Lite Withdrawals Now Live After Security Council Verification
**ZKsync Lite withdrawals are now officially enabled on Ethereum L1** following the completion of the Security Council's independent verification of the final state root. **Key Details:** - Users can withdraw remaining Lite balances through the official portal at [lite.zksync.io](https://lite.zksync.io/) - The first 100,000 withdrawals are being sponsored to encourage early withdrawal and improve user experience - The verification process took approximately 4,872 hours before claims went live **Security Measures:** - Independent verification tools have been published - The withdrawal mechanism is under Token Assembly control - Process designed to minimize reliance on single operators **Important:** Only use official ZKsync links and channels during withdrawal. Full details available in the [official blog post](https://www.zksync.io/blog/zksync-lite-sunset).