zkSync Mainnet: Baby Alpha Launch

Launch of an Ethereum layer-2 scaling blockchain network.

There is no start time for this event, only that it is on Oct. 28. This time is a placeholder.

DETAILS

• Launch Details
  • zkSync, currently running on a testnet since February 2022, will be launching its mainnet
  • The mainnet launch is broken down into 3 different stages;
    • Baby Alpha stage (this launch, and lasts about 1 month) – open only to zkSync team to deploy contracts and stress test
    • Fair Launch Alpha (Q4 2022) – open to developers to deploy contracts, but no external users
    • Full Alpha (End of the year 2022) – open publicly to users
  • zkSync will have a native token, but the token is not expected to launch during this stage, and there is no information yet on the tokenomics or when the token will launch

• Features
  • ZkSync is a layer-2 Ethereum scaling solution using zero-knowledge (zk) rollup proof technology to offer faster and cheaper transactions (up to 10x to 20x), with the same level of security as layer-1 Ethereum
  • Developers will be able to build and deploy smart contracts to zkSync using Zinc or Solidity (via its zkEVM (Zero Knowledge Ethereum Virtual Machine)
  • Summary of zkSync features;
    • Mainnet-level security with zero reliance on 3rd parties
    • ETH and ERC20 tokens support
    • transaction with instant confirmations and 10-minute finality on layer-1
    • ability to pay transaction fees with tokens besides ETH
    • low transaction fees (~1/100th of mainnet costs for ERC20 tokens and ~1/30th for ETH transfers)
    • withdrawals to mainnet in ~10 minutes
  • zkSync ecosystem already has hundreds of dApps ready to be deployed on the mainnet
  • Users can send deposit/withdraw funds from layer-1 testnet (Goerli) to zkSync via the native bridge, and participate on the testnet. List of available testnet dApps can be found here