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ZkSync is a layer 2 scaling solution for Ethereum, designed to process a high throughput of transactions using zero-knowledge proofs. It aims to provide a more efficient and cost-effective way to transfer and trade Ethereum-based assets. ZkSync uses zero-knowledge proofs to batch and compress multiple transactions into a single proof, which is then verified on the Ethereum mainnet. This approach reduces the load on the Ethereum network and can significantly lower transaction fees. ZkSync also supports token swaps and other DeFi (Decentralized Finance) applications. The project is developed by Matter Labs, a team focused on building scalable and secure blockchain solutions. ZkSync has gained attention in the Ethereum community as a promising scaling solution, especially in the context of increasing network congestion and gas fees on the Ethereum mainnet. It is important to note that while ZkSync aims to address scalability and cost issues on Ethereum, it is still a relatively new technology and may have limitations or risks that should be considered. Users and developers interested in using ZkSync are advised to conduct thorough research and consider the latest developments and community feedback."

• Layer 2 scaling solution for Ethereum, Uses zero-knowledge proofs, Designed to process high throughput of transactions, Aims to reduce transaction fees on Ethereum, Supports token swaps and DeFi applications, Developed by Matter Labs, Gaining attention in the Ethereum community, Still a relatively new technology, Users advised to conduct thorough research and consider latest developments and community feedback