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ZKsync ZK

£0.0405614

4.74 % (24h)

Marketcap

£149,063,084

Volume 24h

£17,626,818


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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.