We are thrilled to announce the official listing of zkSync (ZK), a revolutionary Layer 2 scaling solution for the Ethereum blockchain. You can now trade it on EXMO.com with USDT!
zkSync is a next-generation scaling solution designed to address the limitations of the Ethereum network, such as high transaction fees and slow processing times.
It is built on top of ZK-rollup technology, which involves the aggregation of multiple transactions into a single proof that can be verified on the Ethereum blockchain. It is now available for deposits, withdrawals and trading with USDT.
The platform employs zk-Rollups technology, a type of zero-knowledge proof that consolidates multiple transactions into one. This transaction is processed off-chain and then verified on the Ethereum blockchain. This approach greatly reduces the computational load on the main Ethereum network, thereby decreasing transaction fees and accelerating transaction times.
Created by Matter Labs, ZKsync was designed to enhance the efficiency of the Ethereum blockchain while maintaining its security and decentralisation. This system appeals to users and developers due to its compatibility with existing Ethereum smart contracts and tools, making it easy for decentralised applications to integrate and benefit from quicker and more affordable transactions.
Start trading ZK today!
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