ZKsync
ZKsync is an L2 on Ethereum that leverages zero-knowledge proofs.
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About ZKsync
ZKsync is a layer-two (L2) scaling solution developed by Matter Labs to address Ethereum's scalability issues. It uses zero-knowledge proofs to process transactions faster and more cost-effectively than Ethereum.
ZKsync is important to crypto because it offers a way to make Ethereum transactions inexpensive and near-instant, providing a promising solution to scale Ethereum.