zkSync
Last updated
Last updated
zkSync is a Layer 2 scaling solution for Ethereum that utilizes zkRollup technology to significantly increase the transaction throughput while reducing the gas fees on the network.
In simpler terms, zkSync is a technology that allows users to execute transactions off the main Ethereum network, which reduces congestion and transaction fees. The transactions are then compressed into a cryptographic proof and submitted back to the main Ethereum chain for verification. This results in faster, cheaper, and more scalable transactions on the Ethereum network, without sacrificing security or decentralization.
zkSync Lite is a simplified version of zkSync that allows for fast and low-cost transfers of Ethereum and ERC-20 tokens. It is a non-custodial solution that enables users to transfer tokens between wallets without having to go through the main Ethereum network. However, it does not support smart contracts or complex dApps.
zkSync Testnet is a testing environment for developers to test their smart contracts and dApps before deploying them on the main network. It is a replica of the mainnet with all the features and functionalities, but with test tokens instead of real tokens. Developers can test their applications without incurring any gas fees or risking real funds.
zkSync Era Mainnet is the main network for zkSync that is fully operational and supports smart contracts and dApps. It uses zkRollup technology to compress transactions and offers fast and low-cost transactions with high throughput. It is compatible with Ethereum and ERC-20 tokens, and supports various use cases, including decentralized exchanges, NFT marketplaces, and more.
In summary, zkSync Lite is a simplified version for fast and low-cost transfers, zkSync Testnet is a testing environment for developers, and zkSync Era Mainnet is the fully operational main network that supports smart contracts and dApps.
See next page for detailed guide on how to start transacting on zkSync Era!
