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Cryptocurrency News丨Three-minute overview of the zkSync 2.0 roadmap

The Ethereum Layer 2 project zkSync sent an email to users in the early morning of March 30th, Beijing time, to update the roadmap and timeline of zkSync 2.0, indicating that it will release a public test net in May 2021 and strive to launch the mainnet in August 2021.

In addition to zkSync 2.0, zkSync said it will continue to update zkSync 1.x and will release NFT and Swap functions on the mainnet in the spring of 2021. The NFT function should launch on the mainnet in May. In terms of Swap, zkSync said that it would not provide Swap with AMM functionality because it is easy to implement in 2.0 and does not want to compete with projects seeking to adopt zkSync.


Sophie will take you a quick overview of the zkSync 2.0 roadmap and the new features of zkSync 1.x.

zkSync said that the mission of zkSync 2.0 is based on the programming model and composability of EVM.

From the perspective of users and developers, the design of zkSync 2.0 is no different from EVM: users can keep their existing Ethereum addresses; each account has a state; contracts can call each other through atomic transactions, etc.


Expectations for zkSync 2.0

1. Portability of existing Solidity source code

Significant progress has been made in the realization of the new Turing-complete ZincVM. In addition to the existing Zinc programming language, it is now possible to compile anything that can generate an intermediate form of Yul (hello, Solidity!).

ZincVM is being optimized, and I hope it can easily support other programming languages such as Rust in the future. It is expected that most Solidity contracts can compile without modification or with only minimal changes.

2. Native support for all Ethereum wallets

zkSync 2.0 will natively support Ethereum's ECDSA signature scheme (thanks to the efficient circuit implementation of lookup based on PLONK). It means that all Ethereum wallets can be used directly, no need to sign with a key in the browser, and no exceptional integration work is required.

3. 20000 + TPS-scalability beyond zkRollup

The prosperity of NFT implies that it is about to be adopted by the mainstream. However, due to the inherent limitations of data availability on the chain, attracting millions of new mainstream users is a challenge that Rollup (whether ZK or optimistic Rollup) cannot handle alone.

zkSync 2.0 will introduce a new overall architecture that provides a combination of zkRollup and zkPorter accounts (users can freely choose and can be fully interoperable):

zkRollup: Inherit the ultra-safe attributes of the leading network at approximately 1/100 of the L1 cost.

zkPorter: TX cost is negligible (fixed at about $0.01), but it is protected by cryptography and crypto-economics and has better security than optimistic Rollup.

zkSync also announced the timeline of zkSync 2.0.

zkSync 2.0: Timeline

Public test net: May 2021

Documentation: Will be publicly available with test net.

Mainnet: The target is August 2021.

zkSync 1.x update: NFT and Swap will be released on the mainnet in the spring of 2021

Also, continue to update zkSync 1.x.

For payment functions, zkSync said that zkSync 1.x is the best among all existing Rollups in transaction costs and user experience. In the 9th round of Gitcoin donations, 82% of donations were made through zkSync. More

and more wallets announced support for zkSync, including Argent and imToken.

In April, it will be possible to directly trade homogenous tokens on zkSync L2 (via atomic swap/limit order) and negotiate cooperation with market makers. But it will not now implement the AMM function in zkSync 1.x because it is easy to implement in v2.0 and does not want to compete with projects seeking to adopt zkSync. Anyone can provide transactions through atomic swaps, which will significantly expand existing zkSync 1.x users' functionality.


Another exciting update is that zkSync 1.x will soon support NFT's native casting, transmission, and atomic swap and has the complete security guarantee of zkRollup. The NFT function should be launched on the mainnet in May.


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