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This video answers the questions: What is zkSync? How does zkSync Layer 2 Solution work? How does zk-Rollups work? - zkSync Blockchain Layer 2 Scaling Solution for Ethereum with zk-Rollups technology will be explained.
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Timestamps:
0:00 Introduction
0:25 What is zkSync and how it works?
1:27 What benefits come from using zkSync?
2:46 How does the zkSync future look like?
3:13 zkSync summary
3:32 Video end
ZkSync is a layer 2 solution that employs zk-rollups as its scaling method to transmit Ether and ERC-20 tokens. Zk-rollups roll up transactions from the Ethereum mainnet and provide transaction proofs, just like optimistic rollups do. Simply put, many transactions are combined into one and authenticated and secured by Ethereum.
The layer 2 protocol presents itself as an Ethereum-based scaling and privacy engine. It is based on a zero-knowledge (ZK) rollup architecture allowing infinite scaling, as the name would imply. Systems that are zero-knowledge-proof are thought to provide proactive cryptographic security.
Not only in this video various crypto topics will be explained. Remember to leave a like, and subscribe to the channel for more materials like this.
