zkSync

ZKSync, an Ethereum Layer 2 scaling solution, has successfully implemented the Dencun upgrade, which supports EIP-4844 (proto-danksharding) and utilizes blob-carrying transactions to reduce gas fees. OpenZeppelin audited the upgrade for security. While the full impact on transaction fees across Layer 2 solutions may take time to stabilize, ZKSync is starting with one blob per batch to ensure a smooth transition. This upgrade marks a significant milestone in scaling Ethereum and bringing it closer to mainstream adoption, with further work ongoing on validiums, data availability layers, optimized zero-knowledge proofs, and future protocol upgrades.

The zkSync community is anticipating the effects of EIP-4844 on L2 transaction fees in the Ethereum ecosystem. They are slowly rolling out updates, starting with 1 blob per L2 batch to improve fee markets. The team has been preparing for this transition to ensure security and stability. Further advancements include validiums, DA layers, optimized ZK-proofs, and future protocol upgrades as Ethereum continues its path towards mainstream adoption.

zkSync was the first L2 to implement EIP-4844, also known as Protodanksharding, on Ethereum. This update introduces 'blobs' to reduce L2 fees, bringing cheaper transactions and advancing Ethereum's scalability. The EIP is a collaborative effort involving ETH core devs, researchers, and L2 teams to enhance Ethereum's rollup-centric roadmap.

ZK Den, an Ethereum zkRollup Layer 2 project focused on accelerating crypto adoption, is hosting a Twitter Space on Wednesday, March 13th at 14:00 UTC. The Space will feature discussions on NFTs with guests from @hue_nfts, @ageofanura, and @zkPengz. There are also rumors that @anthonykrose may join and commit to using an NFT as their profile picture.

Cronos has achieved the status of being the #1 chain in Total Value Locked (TVL) on the Cosmos network. They are now collaborating with Crypto.com to develop a Layer 2 solution based on zkSync, aiming to cater to Crypto.com's large user base of 80 million. This partnership showcases how successful projects like Cronos and zkSync are aligning to create new solutions and opportunities in the blockchain space.

The zkSync community shares that while HTTPS moved our lives online in the past, ZK technology will now move our lives onchain.

The team from @the_matter_labs will be actively participating in ETHDenver, engaging in workshops, panels, and discussions on topics like ZK Rollups, bridging, proven, and more. Key events include discussions on Trustless Bridging with ZKP, Future of Rollups, Formal Hardening for ZK Rollups, Decentralized Proving, ZK Singularity, and debates on zkVMs vs zkEVMs. The team will cover various topics from performance cryptography engineering to L3 scaling and the rise of the Hyperchain.

In the latest ecosystem roundup, the zkSync community collectively celebrated as ETH surpassed $3K before getting back to focusing on shipping. The roundup serves as an informational update, reminding everyone to stay safe and conduct their own research. For more details, check out the full recap.

Join the ZK Quest sidequest while building at ETHDenver. Sign up for the devfolio hackathon, explore zkSync's ecosystem, and stand a chance to win ETH from the $200,000 reward pool. The adventure begins Friday at 9am local Denver time.

Slush and Matter Labs are collaborating to develop and enhance zkSync Era and ZK Stack, with a focus on decentralizing the network. Slush's proficiency in bridging will contribute to addressing the interoperability issue, ensuring quick, cost-effective, and secure transactions between zkSync hyperchains.