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ZKsync ZK

$0.0485328

18.26 % (24h)

Marketcap

$178,357,975

Volume 24h

$104,912,829


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Description

zkSync (ZK) is a Layer 2 scaling solution for Ethereum that leverages zero-knowledge rollups to improve transaction speeds and reduce costs. Launched in 2020, zkSync aims to provide a scalable and secure infrastructure for Ethereum-based applications. ZK, the platform's native token, is used for transaction fees, staking, and governance. zkSync seeks to enhance the Ethereum ecosystem by offering a high-performance scaling solution that maintains security and decentralization.