zkSync

ZKsync is launching its Ignite program on January 6th, 2025, distributing 300M ZK tokens over 9 months to DeFi users on Era. The program targets: - DEX protocols - Perpetual trading platforms - Lending protocols This initiative follows recent developments including: - Implementation of SSO wallet simplification - Partnership with Blockchain Capital for asset tokenization - Commitment to Web3 infrastructure improvements The program represents a significant step in ZKsync's ecosystem development, aiming to incentivize DeFi participation across multiple protocol types.

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)

Despite the broader crypto market experiencing a bearish October, the ZKSync ecosystem is bucking the trend with significant developments: - Continuous shipping of new projects and updates - Strong ecosystem growth, contrasting with general market sentiment - Multiple initiatives launched, represented by letters: R Z I X Q S T C C P G This 'Octobull' for ZKSync highlights the resilience and progress of zkRollup technology on Ethereum Layer 2, even in challenging market conditions. Stay tuned for more updates on ZKSync's ecosystem expansion and its impact on Ethereum scalability.

Alex Gluchowski (@gluk64), founder of zkSync, recently spoke at @crecimientoar about blockchain scaling challenges and ZK technology as the ultimate solution. Key points covered: - ZkSync's product lineup: Lite, Era, and Elastic Chain - The importance of building practical dapps for real-world use - Introduction of FreeFi: An on-chain banking system integrating: - DeFi - Payments - Real-world assets (RWAs) - On-ramps - Last-mile integrations This comprehensive approach aims to address scaling issues while creating a user-friendly ecosystem for mainstream adoption. To learn more about zkSync's vision and FreeFi, check out the full discussion.

The ZK Sant event at Token2049 brought together ZKSync builders for networking and knowledge sharing. Key highlights: - Open mic format allowed projects to pitch their Elastic Chain visions - Event fostered connections within the ZKSync community - Organizers hinted at future ZK Sant gatherings Special thanks to event hosts: - ZKCandyHQ - Zerion - hue_nfts - getclave - playFiAI The event underscored the growing ecosystem around ZKSync and its Elastic Chain technology.

TreasureDAO is set to join the Elastic Chain, marking a significant development in the ZK ecosystem. A fireside chat is scheduled for tomorrow, featuring: - @gluk64 - @karelvuong - @jpatten__ Topics to be discussed include: - TreasureDAO community and games - Treasure Chain on ZK Stack - Elastic Chain ecosystem This move follows recent integrations and announcements in the ZK space, including: - ZKsync Era's integration with Zapper and Coinbase - Chainlink CCIP support on ZKsync Era - Multiple ZK Chains planning launches this year The Elastic Chain ecosystem aims to provide shared liquidity and applications across ZK Chains, potentially benefiting gamers and developers.

Messari has published an in-depth report on ZKSync's innovative rollup technology. The report covers: - Technical aspects of ZKSync - Governance structure - Elastic Chain concept - Ecosystem overview Authors @CabronElBufon and @redvelvetzip provide a thorough analysis of this groundbreaking Ethereum Layer 2 solution. The report aims to help readers understand ZKSync's potential impact on blockchain scalability and adoption. Interested parties can access the full report at: https://messari.io/report/understanding-zksync

Highlight.xyz has launched on zkSync Era, streamlining the NFT creation process. The platform offers: - Comprehensive tools for creators - Full marketplace support for buying and selling To mark this launch, Highlight.xyz is sponsoring a special Zeek NFT. This commemorative piece is available for minting at: https://highlight.xyz/mint/zksync:0xA5f00cc908FB6c0f648304efc825856e413CE568:1 Creators looking to dive into the NFT space on zkSync Era now have a powerful ally in Highlight.xyz, making the process more accessible than ever.

The @DPGAlliance has officially recognized @Quark_ID as the first decentralized identity protocol registered as a Digital Public Good. Key points: - Quark ID is an open-source protocol built on ZKsync Era - Issues decentralized identifiers (DIDs) for millions of Argentinian citizens - Aims to help citizens reclaim digital rights over: - Documents - Health data - Future payment processing To learn more about Quark ID, a 1-minute clip featuring @fernandezdiego and @TrustlessState is available. This recognition marks a significant step in the adoption of decentralized identity solutions.

**Nodle Network** and **ClickDeep Reals** are now fully operational on Era, a significant milestone for the platform. This update brings 250,000 Monthly Active Users (MAUs) to Era, utilizing Nodle's decentralized Physical Infrastructure Network (dePIN) for: - Authenticating media - Locating assets - Proving location The team's hard work has paid off, marking a crucial step in Era's development. The next phase involves joining the Elastic Chain, further expanding the network's capabilities. This integration demonstrates Era's growing ecosystem and its potential to support large-scale decentralized applications.