ZKsync is an ever-expanding verifiable blockchain network secured by mathematics. ZKsync introduces itself as the elastic chain. It is an open source project.
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Step 3: Buy ZKsync
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ZK is the native token of ZKsync, which allows you to pay for actions on their platform.
Matter Labs is the startup behind ZKsync. Since 2019, they have been experimenting with layer2 zk proofs for scaling up on Ethereum. They aim to become the first EVM-compatible zk rollup with significantly lower fees.
In 2020, ZKsync started their Testnet and after later being named ZKsync 2.0, they later continued with the name ZKsync Era in 2023 for their main network. Full rollout of their Alpha Mainnet is still on the horizon.
ZKsync is a network of ZK chains, where ZK stands for zero knowledge. These are rollups (bundled transactions) and validiums (scalability solution enabling 9000 or more transactions per second) that are modular and verifiable with high performance. A ZK chain can handle higher transaction volumes in an elastic network without higher costs or the need for heavier hardware.
ZK chains deliver native interoperability in an easy-to-use interface. This ensures trustless communication and transfer of assets between chains so that liquidity and users can be distributed across the ZK chain ecosystem. Security is provided by cryptography.
With ZKsync, you can sign in by providing only your FaceID/Passkeys, eliminating the need for a seed phrase and preventing hacks from occurring quickly. A customizable user interface allows users to access all ZK chains with what feels like a single account. Face recognition or your fingerprint control your login here.
If you want to build an app or ZK chain on ZKsync it can be done in minutes with familiar EVM (Ethereum Virtual Machine) code that works exactly as you expect it to.
You can build an app project on ZKsync Era, the first ZK chain.
If you want to have your own ZK chain then you just make up your own rules, token and other features so that you automatically have access to shared users and liquidity.
This is a layer2 zero knowledge (ZK) EVM to scale blockchains like the Internet does. ZKsync Era EVM projects use high speed with low cost that benefit from the same security as on Ethereum, as usual with zk rollups. Layer2 zk rollups collect transactions, bundle them as if they were 1 transaction and send it to layer1, Ethereum, to process all those transactions at once. This is faster, cheaper and equally secure.
They also have a Software Development Kit (SDK), so you can put together a dApp from scratch from parts using a kind of block box.
Era supports the use of multiple programming languages, including Rust, Python, JavaScript and others that allow you to create smart contracts. With their Contractfactory, it is possible to create multiple smart contracts at once, which can make a programmer's life a lot easier. Moreover, you can upgrade their smart contracts so that if a bug occurs, you don't have to start from scratch.
After easily creating an ERC-20 token, you can set up platform-specific features in Era, such as easy and low-cost payment methods and native account settings, such as programmable Smart Accounts.
Their Paymaster feature allows app developers to charge transaction fees to users (Gasless Paymaster), giving accessibility a big boost.
Like Solana, they have the crowdfunding option, so you can sell tokens to the public in a public sale, so your cryptocurrency is already distributed to many people who do marketing as a matter of course for you. Moreover, this way you have funds that you can use for the development of your token.
Before you go live, they have the Sepolia testnet, so you can make sure everything in your contract(s) is right before you go to market. With their extensive Test and Debug program, you'll quickly find out if there's a bug or not.
ZKsync Era has been audited many times. With their bug bounty, they encourage everyone to report imperfections or bugs.
ZKsync can be found on Telegram, X, GitHub and Discord.
Their FAQ is a summary of important features of ZKsync. For developers or the very interested is their documentation ready for you.
Their decent ecosystem includes typical apps and networks, such as gaming, the decentralized exchange, oracles, DeFi, wallets, marketplaces and other usual components of a popular blockchain network.
So you could say that ZKsync Era is mainly for developers of cryptocurrencies and the ecosystem is for users. The value of the cryptocurrency ZK is driven by both.
The setup of their Era is very similar to the way Solana does it, so there's a decent chance of success because of the simplicity of joining their ecosystem and the ability for developers to cover transaction costs.
It is very possible that ZKsync will join the ranks of the popular layer2 solutions for Ethereum and may even surpass them given ZK Era's features. However, since it is open source, it may also quickly face competition.
The network is also used to acquire passive income.
ZK is used to pay transaction fees on the ZKsync network.
You can store your ZKsync tokens in our Vault. Here your tokens can also be found in a well organized environment. From the Vault you can easily buy, sell and swap any cryptocurrency we offer for another cryptocurrency.
Yes, you can buy ZKsync with iDEAL at Anycoin Direct. You can also pay with Paypal, SEPA, Sofort, VISA, Mastercard and EPS.
You don’t need to buy whole cryptocurrencies to trade them. You can buy small parts of any cryptocurrency. For example, on Anycoin Direct, the minimum purchase amount is €10.
Yes, buying ZKsync is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy ZKsync safely with us with a wide range of payment options.
Yes, ZKsync is legal in England. You don't have to worry about the legality of buying ZKsync .
Depending on the amount of cryptocurrencies you own and the country you live in, the rules for this are different. Always make sure to get information from your personal government authorities.
No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.
Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.
The maximum supply is 21 billion. At the time of writing, only about 4 billion of that is in circulation. Market capitalization is already around $500 million at the time of writing, good for spot 125 in CoinGecko.
Some of this crypto entered the market via an airdrop in 2024. ZKsync did drop quite a bit recently after the airdrop, which most receivers started trading right away.
We can say, however, that there is a high probability of dilution from new tokens. In 2025 there will be about 1.5 billion tokens from the team and investors, which are currently locked. After 4 years, all these tokens will be unlocked. A portion of the coins will then still be reserved for the ecosystem and for development of the ZK token now and in the future.