Today's launch marks the first time an Ethereum Virtual Machine compatible ZK Rollup has hit mainnet. Uniswap, Sushi Balancer, Maker and Curve are among the DApps scaling up using zkSync Era.
— compute transactions away from the Ethereum blockchain while providing a tiny cryptographic proof that is written as a single transaction back on Ethereum showing that a bundle of other transactions has been carried out correctly. zkSync also employs recursion, which generates a proof showing a batch of other proofs have been carried out.
Zk-Rollups can enable virtually instant withdrawals, giving them an advantage over optimistic-rollup layer 2s such as Optimism, where withdrawals take a week. However, zkSync Era will impose a 24-hour waiting period initially as a security precaution. “The reason being is if you have some critical bug that has somehow got through the many different audits and security mechanisms and somebody completely drains the protocol, this is obviously a disaster for everybody involved,” he said. The waiting period is likely to be reduced to an hour within weeks.
"This was and probably still is my favorite feature,” Rose said, explaining that it’s an improvement onand will help remove the “jankiness” for new crypto users getting into the space. "Scalability is fine, the infrastructure needs to be there. But it needs to come with a user experience that can also scale."
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