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According to reports, after zkSync announced this week that its main network, \”zkSync Era,\” will be fully opened for everyone to use without a license, the numb

Table of Contents

According to reports, after zkSync announced this week that its main network, “zkSync Era,” will be fully opened for everyone to use without a license, the number of bridge users has increased. According to the latest data from Dune Analytics, the number of zkSync bridge users has exceeded 700000, reaching 708089 at the time of writing this article, compared to the current indicator values of 615,877, 313,426, and 206,404 for Arbitrum, Optimism, and StarNet, respectively. However, in terms of bridge storage scale, up to now, zkSync is 231538 ETH, lagging behind Arbitrum (2370614 ETH) and Optimism (521939 ETH).

ZkSync bridge users exceeded 700000

I. Introduction
II. What is zkSync Era?
III. The Increased Number of Bridge Users
IV. Benefits of zkSync Era
V. Comparison between zkSync and Other Bridging Solutions
VI. zkSync’s Future Plans
VII. Conclusion
VIII. FAQs
# Article
In recent news, the blockchain community is buzzing about zkSync’s announcement that its main network, “zkSync Era,” will be fully opened for everyone to use without a license. This is an exciting milestone for zkSync and the Ethereum ecosystem, as this development opens up a world of possibilities for users all over the world.

What is zkSync Era?

zkSync is a layer two scaling solution for Ethereum that uses zero knowledge proofs to make transactions more secure, efficient, and cost-effective. The technology behind zkSync allows the platform to process thousands of transactions per second using minimal resources. Additionally, zkSync is compatible with existing Ethereum wallets and smart contracts, making it easy for users to adopt.
zkSync Era, the main network of zkSync, is a complete solution that offers a wide range of benefits to its users. It is designed to make Ethereum transactions faster and cheaper, reducing fees and congestion on Ethereum’s mainnet. Furthermore, zkSync Era is designed to be accessible to anyone, regardless of their technical abilities, by providing a user-friendly interface that simplifies the user experience.

The Increased Number of Bridge Users

After the announcement of the fully opened zkSync Era, the number of bridge users has increased significantly. According to the latest data from Dune Analytics, the number of zkSync bridge users has surpassed 700,000, with a current value of 708,089, while the current values for Arbitrum, Optimism, and StarNet are 615,877, 313,426, and 206,404, respectively. This rapid increase in zkSync users is a testament to the scalability and user-friendliness of the platform’s technology.

Benefits of zkSync Era

zkSync Era offers several advantages over other scaling solutions. For example, zkSync offers low transaction fees, which are up to 100 times lower than standard Ethereum transactions. This is because the system uses a roll-up construction, which allows it to record multiple transactions in a single block, reducing the overall number of transactions required. Additionally, zkSync is fully compatible with Ethereum’s existing infrastructure, including wallets and smart contracts, making it easy for users to adopt.
Another significant benefit of zkSync is its scalability. The platform is designed to process thousands of transactions per second, making it ideal for high-volume applications. This scalability is achieved by using zero-knowledge proofs, which allow zkSync to compress multiple transactions into a single proof, reducing the amount of data that needs to be processed.

Comparison between zkSync and Other Bridging Solutions

When it comes to bridging solutions, zkSync stands out in terms of its scalability and user-friendliness. For example, when compared to Arbitrum, zkSync is significantly faster and capable of processing more transactions per second. Similarly, compared to Optimism, zkSync offers lower fees and a more user-friendly interface. It is clear that zkSync is making significant strides in the world of blockchain bridging solutions.

zkSync’s Future Plans

Looking to the future, zkSync has ambitious plans for its development. One of the most significant of these is the implementation of zkPorter, which will allow zkSync to process transactions for multiple different applications simultaneously. Additionally, zkSync is working on developing infrastructure for cross-chain transfers, allowing users to move assets between different blockchain networks.

Conclusion

zkSync Era’s recent development is a milestone for Ethereum’s blockchain community, offering new possibilities for users all over the world. The platform’s scalability, user-friendliness, and low transaction fees make it an ideal solution for high-volume applications. With ambitious plans for future development, we’re looking forward to seeing what zkSync has in store for the future of blockchain technology.

FAQs

1. What is zkSync?
zkSync is a layer two scaling solution for Ethereum that uses zero knowledge proofs to make transactions more secure, efficient, and cost-effective.
2. How does zkSync compare to other bridging solutions?
zkSync offers substantially faster processing times and lower fees than other bridging solutions such as Arbitrum and Optimism.
3. What is zkSync’s future plans?
zkSync is working on implementing zkPorter, which will allow the platform to process transactions for multiple different applications simultaneously. Additionally, zkSync is developing infrastructure for cross-chain transfers between different blockchain networks.

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