Ethereum founder Vitalik Buterin praised a detailed article by zkSync co-founder Alex, noting that Ethereum has become a major investment hub for zkSync. Buterin acknowledged zkSync’s valuable yet often underappreciated contributions to the Ethereum ecosystem and expressed optimism about upcoming features. Alex’s article outlined the new zkSync upgrade, “Atlas,” which promises over 15,000 transactions per second, one-second zero-knowledge verification times, and nearly zero transaction fees. These figures represent just a glimpse of Atlas’s potential as it pioneers new possibilities for layer-two networks. zkSync is a scaling solution designed to enhance Ethereum blockchain performance by enabling faster, cheaper, and more secure transactions, addressing the growing demand for blockchain usage. Layer-two solutions like zkSync alleviate the load on the base blockchain layer, improving overall network efficiency. This partnership between Ethereum and zkSync could open new avenues for growth in the cryptocurrency and blockchain sectors, especially amid the rapid expansion of decentralized finance (DeFi) and non-fungible token (NFT) markets. The Atlas upgrade is expected to deliver more affordable and faster services, strengthening Ethereum’s reliability and resilience.
Source: binance
