Updates on zkSync Protocol Upgrade for Better Support of Solidity Features

04/08/2023 09:03 • AI Insights • 86 views

On April 8th, it was reported that in response to the issue of Gemholic project funding being stuck yesterday, zkSync posted a tweet stating, “We would like to share updates on better support for legacy Solidity features. transfer() and. send() will work exactly like in EVM. This solution does not involve any type of restructuring or regeneration. This will be a normal protocol upgrade

ZkSync has released an update on the issue of Gemholic project funds being stuck

On April 8th, a tweet from zkSync caught the attention of the blockchain community. The zkSync team announced that they would be implementing a protocol upgrade to improve support for legacy Solidity features. Specifically, the upgrade will ensure that the transfer() and send() functions work exactly like they do on the Ethereum Virtual Machine (EVM).
This article will take a closer look at what led to the zkSync protocol upgrade, what the upgrade entails, and what it means for users of the platform.

Background

Before we discuss the zkSync protocol upgrade, it’s essential to understand what the platform is and what issues it has had with funding.
zkSync is a Layer 2 scaling solution for Ethereum that enables faster and cheaper transactions without compromising on security. The platform operates off-chain, which means that transactions are processed more quickly and with lower fees. However, this also requires zkSync to rely on Ethereum for funding and interaction with smart contracts.
On April 7th, reports emerged that the Gemholic project, which was building on zkSync, had been unable to access its funding due to a bug in the transfer() function. This raised concerns among users and highlighted the need for improvements in the platform’s support for Solidity features.

The zkSync Protocol Upgrade

In response to the funding issue, zkSync posted a tweet announcing the upgrade and explaining its compatibility with the EVM’s transfer() and send() functions. The tweet stated that the solution would not require any restructuring or regeneration and would be a standard protocol upgrade.
According to the zkSync team, the reason for the upgrade is that the current Solidity support on zkSync is not comprehensive enough. This makes it challenging for developers to build on the platform, as they either have to modify their contracts or wait for new functionality to be added.
With the upgrade, developers will have the same level of Solidity support they are used to on EVM, making it easier to build and deploy on zkSync. This should improve the platform’s appeal to developers and enable more projects to use zkSync for their infrastructure.

Implications for zkSync Users

The zkSync protocol upgrade is good news for users of the platform, as it should result in better Solidity support and a better user experience. Once the upgrade is implemented, developers will not have to make changes to their contracts to work on zkSync, which should speed up integration times.
From a security perspective, the upgrade should not cause any significant issues, as it is a standard protocol upgrade. However, users should be aware that any new functionality added by the upgrade may have bugs or issues that need to be tested and resolved.
Overall, the zkSync protocol upgrade is a positive development for the platform and its users. It demonstrates the team’s commitment to improving the user experience and developing a comprehensive ecosystem that makes it easier for developers to build on Layer 2 solutions.

FAQs

Q: Why was the Gemholic project unable to access its funding?
A: The issue was caused by a bug in the transfer() function of zkSync, which prevented Gemholic from accessing its funds.
Q: When will the zkSync protocol upgrade be implemented?
A: The exact timeline for the upgrade has not been announced, but it is expected to be released in the near future.
Q: What other improvements can we expect from zkSync in the upcoming months?
A: The zkSync team has stated that they will be working on further improvements to Solidity support, security, and user experience, among others.

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