Matter Labs Rebrands zkEVM, Opens Mainnet for Developers

Projects can use this opportunity to test dapps in a controlled environment before a public alpha launch of what’s to be known as zkSync Era

article-image

Vladimir Kazakov/Shutterstock.com modified by Blockworks

share

The Ethereum layer-2 scaling race has just gotten tighter.

Pre-registered projects are now able to deploy Matter Labs’ latest zero knowledge (zk) roll-up technology on the Ethereum network.

To differentiate the distinct versions of their scaling solutions, Matter Labs has rebranded zkSync 1.0 to zkSync Lite and zkSync 2.0 to zkSync Era, the latter allowing dapps compatible with the Ethereum virtual machine (EVM).

ZkSync Lite saw lackluster adoption compared to other layer-2s due to the lack of smart contract support, leaving it with minimal utility, Blockworks Research analyst Sam Martin noted in a report

Dubbed the Fair Onboarding Alpha Stage, this will be the final stage before zkSync Era becomes fully available for all projects on Ethereum mainnet. 

This stage will last roughly four to six weeks before Full Launch Alpha, given that there are no security considerations, Anthony Rose, the head of engineering at Matter Labs, told Blockworks. 

During this time, mainnet will be closed to end users, enabling projects to deploy and test their applications in a closed environment, Shazia Hasan, protocol marketing lead at Matter Labs wrote in a blog post

ZkSync Era will be completely open source — though Matter Labs does not advise forking the code now, as there may still be security updates that need to be addressed.

Rose does not envision a prover standard to emerge following the launch of ZkSync Era, but notes that “you could imagine a world in which there are the standard network effects — perhaps ~1-2 main players, space for a handful of smaller players — and it isn’t a given that a single prover is required for this scenario.”

“That being said, there are obvious benefits from standardization and our plans for Hyperchains are possible due to (in part) some functionality that is possible when you share a proof system,” Rose said.

Hyperchains are what Matter Labs calls layer-3 blockchains that the team says “will enable limitless scaling with limitless customization,” according to a blog post.

Fierce competition for roll-up technology solutions 

Matter Lab’s launch of Era comes just two days after layer-2 scaling giant Polygon Labs announced that its zkEVM solution would go live on Ethereum mainnet next month.

This latest deployment “marks another milestone in zk rollup development as teams from Polygon, Scroll, Taiko, and others get closer to a fully fleshed out zkEVM fully accessible to everyone,” Martin said.

Unlike Polygon’s zkEVM which has been classified as a type-3 by Ethereum founder Vitalik Buterin, Era is classified as a type-4 zkEVM. 

This is because “it takes high-level smart contract source code written in Solidity and compiles it to a more zk-SNARK friendly language,” Martin said.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Screen Shot 2024-05-16 at 14.53.45.png

Research

Loss-versus-rebalancing (LVR) is arguably Ethereum DeFi’s biggest problem, and thus reducing LVR is fundamental to the success of Ethereum. This report dives into the world of LVR. We uncover its importance for AMM designers, discuss the two major mechanism design categories and various projects developing solutions, and offer a higher level perspective on the importance of AMMs in general.

article-image

Yesterday saw Congress’ upper chamber side with the House on a measure aimed at overturning SAB 121

article-image

Oklahoma’s new crypto bill will go into effect in November of this year

article-image

The deposits hit a $20 million cap in just 45 minutes

article-image

Twelve Democratic Senators voted in favor to pass the resolution Thursday

article-image

Pump.fun is “aware” that bonding curve contracts on Pump.fun were exploited, and has since paused trading

article-image

Some investment pros are mulling crypto allocations between 1% and 10% and seeking ex-BTC exposure for interested clients