This article explores Arbitrum’s market share within Layer 2 ecosystems, examining its growth, competition, and overall impact on the Ethereum scalability landscape.

Arbitrum at a Glance

Arbitrum, developed by Offchain Labs, is an Optimistic Rollup solution designed to enhance Ethereum’s scalability by processing transactions off-chain while relying on Ethereum’s mainnet for security and finality. Since its mainnet launch in 2021, Arbitrum has seen rapid adoption, becoming a hub for DeFi protocols seeking lower gas fees and faster transaction speeds without compromising Ethereum’s security.

DeFi Market Share Metrics

As of Q2 2025, Arbitrum consistently ranks #1 in terms of Total Value Locked (TVL) among Layer 2 networks. According to L2Beat and DefiLlama:

1. The TVL on Arbitrum exceeds $3.5 billion, buoyed by the presence of major DeFi platforms such as GMX, Uniswap, Aave, Curve, and Radiant Capital.
2. Arbitrum holds approximately 45–50% of the total L2 DeFi TVL, significantly ahead of competitors like Optimism, Base, and zkSync Era.

Why Arbitrum Leads

Several factors contribute to Arbitrum’s dominant DeFi market share:

1. Ecosystem Maturity

Arbitrum was one of the earliest L2 solutions to launch and gain traction. Its early mover advantage allowed it to attract core DeFi protocols and build developer confidence, leading to a more mature and stable ecosystem.

2. Native Projects

Unlike other chains that rely on forks of Ethereum-native protocols, Arbitrum has fostered original DeFi platforms like GMX, a decentralized perpetual exchange, which became a flagship project attracting billions in TVL and daily trading volume.

3. Developer and DAO Support

Arbitrum launched its native token ARB in 2023 alongside the Arbitrum DAO, a decentralized governance body that allocates hundreds of millions of dollars in incentives through the Arbitrum Short-Term Incentive Program (STIP) and other ecosystem grants. This has supercharged DeFi growth on the chain.

4. Infrastructure and Partnerships

Arbitrum boasts strong infrastructure support, including integrations with cross-chain bridges (e.g., Hop, Stargate), major oracles (e.g., Chainlink), and multi-chain wallets. Strategic collaborations with centralized exchanges and institutional DeFi partners have also expanded its reach.

Competitor Landscape

While Arbitrum leads, competition remains fierce in the Layer 2 space:

• Optimism, backed by Coinbase’s Base and the OP Stack, holds second place with around 25–30% of L2 DeFi TVL. Its modular stack strategy and Superchain vision are positioning it as a long-term contender.
• Base, although newer, has gained traction via native apps like Friend.tech and its integration into Coinbase’s ecosystem.
• zkSync Era and Starknet are pushing zero-knowledge proof-based scalability, though they currently lag in DeFi adoption due to ecosystem nascency and tooling complexity.

Challenges and Outlook

Despite its dominance, Arbitrum faces several challenges:

• Network congestion and high L2 fees during peak usage remain an issue, although still significantly lower than Ethereum mainnet.
• Security audits and smart contract risks are ongoing concerns, as more complex DeFi primitives launch on the chain.
• Sustained growth without overreliance on incentives will be a test as Arbitrum matures.

Looking ahead, Arbitrum’s continued leadership will depend on user retention, protocol innovation, and integration with Ethereum upgrades like EIP-4844 (Proto-Danksharding), which will further reduce L2 transaction costs.

Journey Ahead

Arbitrum stands as the undisputed leader in the DeFi Layer 2 landscape, commanding nearly half the total DeFi market share among Ethereum L2s. Its strong developer ecosystem, early traction, and DAO-driven incentives have cemented its role as a DeFi powerhouse. While competition is heating, Arbitrum’s current momentum and infrastructure depth position it as a critical player in the next phase of Ethereum’s scalability journey.

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Two key technologies are competing in this arena: Arbitrum and zk-Rollups. Both are Layer 2 solutions that promise to alleviate congestion on Ethereum, reduce gas fees, and improve transaction throughput. But which one is truly leading the race?

Understanding Layer 2 Solutions

Layer 2 solutions are protocols that operate on top of existing blockchains, improving their scalability without compromising security. These solutions aim to handle transactions off the main Ethereum chain, aggregating them before sending the final results back to the main network. By doing this, they help alleviate congestion on the Ethereum network while ensuring faster and cheaper transactions.

The most prominent Layer 2 technologies in the race today are Optimistic Rollups (with Arbitrum as a leader) and zk-Rollups (Zero-Knowledge Rollups). These two have emerged as viable solutions to Ethereum’s scalability issues, but they take very different approaches to solve the same problem.

Arbitrum: The Optimistic Rollup Leader

Arbitrum has positioned itself as one of the most promising Optimistic Rollup solutions. It works by assuming that all transactions are valid by default (hence the term “optimistic”). Validators only intervene when there is a dispute, in which case they check the transaction. This design allows Arbitrum to process a high volume of transactions quickly, with less computational overhead.

Since its mainnet launch, Arbitrum has gained significant traction. Its Arbitrum One network has been widely adopted by developers looking for scalable Ethereum solutions.

Arbitrum provides several advantages, such as:

• EVM compatibility
  Arbitrum is fully compatible with the Ethereum Virtual Machine (EVM), meaning that developers can seamlessly port their existing dApps to Arbitrum without major code changes.
• Faster confirmation times
  Users experience much faster transaction speeds compared to the congested Ethereum mainnet.
• Lower transaction costs
  By processing transactions off-chain and only posting summaries on Ethereum, Arbitrum dramatically reduces gas fees.

zk-Rollups: A Zero-Knowledge Powerhouse

On the other side of the race, zk-Rollups are gaining momentum. Zero-Knowledge Rollups operate on a different principle—rather than assuming transactions are valid (as Optimistic Rollups do), zk-Rollups use cryptographic proofs to verify the correctness of every transaction. These zero-knowledge proofs allow zk-Rollups to process large batches of transactions and ensure that they are valid without needing to verify each transaction individually on the Ethereum mainnet.

This approach provides zk-Rollups with several key advantages:

1. Long-term scalability
   The cryptographic nature of zk-Rollups makes them highly efficient in the long run, as they can handle increasing network demands without sacrificing security or decentralization.
2. Faster finality
    zk-Rollups don’t rely on a dispute window like Optimistic Rollups, so transactions can be finalized almost immediately once the proof is generated.
3. Enhanced security
    Because every transaction is verified using cryptographic proofs, zk-Rollups offer a higher degree of security compared to Optimistic Rollups.

Who is Leading the Race?

Both Arbitrum and zk-Rollups have their strengths, and each has been rapidly evolving. Arbitrum, being an Optimistic Rollup, has seen quicker adoption in the short term due to its relative simplicity and immediate benefits like faster transaction speeds and reduced costs. Many DeFi protocols have migrated or integrated with Arbitrum, contributing to its ecosystem’s rapid growth.

However, zk-Rollups are gaining ground, particularly due to their superior security and near-instant transaction finality. Projects like zkSync are pushing zk-Rollup technology forward, and many believe that zk-Rollups may become the dominant solution as the technology matures.

In Summary

The competition between Arbitrum and zk-Rollups is emblematic of the larger race to scale Ethereum effectively. While Arbitrum has taken an early lead in terms of adoption and developer support, zk-Rollups offers an incredibly promising alternative with potentially stronger long-term scalability and security. Ultimately, the solution that best balances speed, security, and ease of use will likely come out ahead.

As we look toward the future of Ethereum and decentralized finance (DeFi), both Arbitrum and zk-Rollups will play pivotal roles in shaping the next phase of blockchain scalability. The real question is: Which Layer 2 solution will claim the crown? Only time will tell.

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PancakeSwap DEX Expansion to zkSync EraNetwork

This move promises to enhance PancakeSwap’s performance and provide users with a more seamless and cost-effective trading experience.

zkSync is renowned for its scalability and efficiency, addressing the scalability issues associated with Ethereum’s mainnet. By integrating with zkSync on Era Network, PancakeSwap aims to overcome the challenges of high gas fees and network congestion, providing its users with faster and more economical transactions.

The Era Network actively fosters seamless integration between different layer 2 solutions, representing an innovative blockchain infrastructure. PancakeSwap joins Era Network, leveraging various layer 2 technologies’ synergies to ensure improved interoperability and user experience.

Integration Highlights

Through the integration, PancakeSwap users benefit from reduced transaction costs and faster confirmation times, ensuring enhanced accessibility and convenience. Moreover, the collaboration attracts a broader audience, introducing new possibilities for DeFi enthusiasts and driving growth in the platform’s ecosystem.

As the decentralized finance sector continues to flourish, scalability and cost-effectiveness have emerged as critical factors in the success of DEXs and other DeFi platforms. PancakeSwap’s decision to integrate with zkSync on Era Network reflects its commitment to addressing these challenges head-on and delivering enhanced services to its ever-growing community.

For DeFi enthusiasts and traders, the integration offers a chance to experience a scalable and cost-efficient ecosystem, unleashing the full potential of their assets without high fees and slow transaction speeds.

Layer 2 scaling solutions drive the blockchain industry’s evolution, playing a crucial role in overcoming constraints of mainnet blockchains. Platforms like PancakeSwap, as they adopt technologies like zkSync and collaborate with Era Network, propel the future of DeFi towards being more inclusive, efficient, and user-centric, thereby transforming the landscape of decentralized finance.

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They are thrilled to announce a significant milestone for Kyber Network as they embark on a new journey by deploying KyberSwap on zkSync Era. This integration not only proves their position as a pioneering EVM DEX aggregator but also brings them closer to delivering the most optimal swap rates and seamless transactions in DeFi.

Kyber Network has successfully deployed KyberSwap’s aggregator and Classic liquidity protocol on zkSync Era, laying a strong foundation for further advancements and innovations in the near future. They also promise that there are more exciting developments to come as they continue to push the boundaries of decentralized finance.

Their deployment on zkSync Era includes the integration of native DEXs, such as Mute, Switch, SyncSwap and Velocore, further augmenting their liquidity offerings.

Kyber Network’s plans for zkSync Era

With the deployment of their Aggregator & Classic Liquidity Protocol, KyberSwap is well-positioned to take the lead as the primary Aggregator and liquidity backbone on zkSync Era, offering users a comprehensive and efficient trading experience as well as providing essential support to other protocols and partners.

To further bolster liquidity options and strengthen the ecosystem, they are actively forging collaborations with esteemed partners such as Lido Finance and QiDao Protocol and working closely with DEXs and aggregators to integrate their pools, expanding the accessibility and usability of their platform.

A major milestone on their roadmap is to bring a Rush of Liquidity with Elastic Liquidity and Farms. This strategic step will create a surge in Total Value Locked (TVL) on zkSync Era, ensuring vital liquidity for protocols, the foundation, and their valued partners.

In addition to liquidity enhancements, they are proud to announce that they will be deploying KyberAI, the first real AI-enabled trading tool on zkSync Era. This will empower zkSync Era users to trade with greater insight and confidence, opening new possibilities in the realm of DeFi trading.

About zkSync Era.

zkSync Era is the first zero-knowledge zkEVM for Ethereum, offering a Layer-2 protocol scaling solution backed by state-of-the-art Zero Knowledge (ZK) technology.

Launched in June 2020, zkSync showcased an initial transaction capacity of 300 transactions per second. zkSync 2.0 brought qualitatively different features, such as Account Abstraction and EVM support through Solidity and Vyper.

On February 16, 2023, Matter Labs, the team behind zkSync, announced the rebranding of zkSync 2.0 into zkSync Era.

Furthermore, Matter Labs has received substantial funding, the largest among all L2 scaling solutions. This significant support further validates the immense potential of the zkSync Era.

About Kyber Network

Kyber Network is building a world where any token is usable anywhere. KyberSwap.com, their flagship Decentralized Exchange (DEX) aggregator and liquidity platform, provides the best rates for traders in DeFi and maximizes returns for liquidity providers.

KyberSwap powers 100+ integrated projects and has facilitated over US$20 billion worth of transactions for thousands of users since its inception. Currently deployed across 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Velas, Aurora, Oasis, BitTorrent, Optimism and Solana.

SOURCE:

https://blog.kyberswap.com/expanding-to-new-realms-kyber-network-deploys-kyberswap-aggregator-and-classic-liquidity-protocols-on-zksync-era/?utm_source=socials&utm_medium=article&utm_campaign=zksync

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Good Games Guilds and iZUMi Finance have teamed up to simplify the trading experience for the GGG community by leveraging iZUMi’s iZiSwap platform on the zkSync network. Their partnership aims to provide enhanced trading opportunities and farming rewards to the GGG community through iZUMi’s cutting-edge iZiSwap platform.

Through this integration, GGG token holders can seamlessly trade their $GGG tokens, benefiting from faster transaction speeds and significantly lower fees. The collaboration aims to enhance the overall trading experience, increase liquidity, and improve accessibility for GGG traders on the zkSync network.

In addition, GGG will introduce a Farm Program in partnership with iZUMi Finance, starting on June 12th at 7 PM Singapore Time. This program offers farming rewards to community members who stake their GGG tokens on iZUMi Finance, encouraging active participation and fostering a vibrant and engaged community.

Moreover, as part of the partnership, GGG is dedicated to adding liquidity to iZUMi Finance, further enhancing the trading experience for the community. This liquidity addition will enable seamless token swaps, deepen the market, and create a more efficient trading environment for users. The collaboration between GGG and iZUMi Finance represents a significant step forward in advancing the decentralized finance landscape, empowering the GGG community, and fostering growth and development within the DeFi ecosystem.

About iZUMi Finance 

iZUMi Finance is a multi-chain DeFi protocol providing One-Stop Liquidity as a Service (LaaS). Its philosophy is that every token deserves better on-chain liquidity in an efficient and lasting way. As our name “iZUMi” in Japanese signifies, our ultimate goal is to help every partner and token to enjoy on-chain liquidity like spring water, continuous and long-lasting for centuries.

Website |  Twitter

About Good Games Guild

Good Games Guild is a Gaming Hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games along with their in-game assets, and building tools that will enhance the future of gaming and meta-verse.

Website |  Twitter

SOURCE:
https://medium.com/@goodgamesguild/ggg-partnership-izumi-finance-d4537b684cf8 

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zkSync is a cutting-edge layer-2 scaling solution that leverages zero-knowledge proofs to enable fast and secure transactions. This technology allows for nearly instantaneous transactions. As a result, users can enjoy a much smoother and more cost-effective experience when interacting with GGG.

By joining the zkSync ecosystem, GGG will be able to offer its users a whole host of new benefits. First and foremost, the integration will enable lightning-fast transactions, meaning that users can make trades, swaps, and other transactions in near-real-time.

In addition, GGG believes that the zkSync integration will be a significant driver of growth for the GGG ecosystem. By offering users a faster, more efficient, and more cost-effective experience, GGG expects to attract more users to the platform, driving up demand for GGG tokens and helping to create a more vibrant and thriving ecosystem overall.

In conclusion, they are excited to bring GGG to zkSync and believe that this move will be a significant step forward for the platform. They look forward to working with this great technology, bringing this integration to fruition, and they are eager to see the positive impact it will have on the GGG community.

ABOUT Good Games Guild

Good Games Guild is a Gaming Hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games along with their in-game assets, and building tools that will enhance the future of gaming and meta-verse.

Website | Twitter

ABOUT zKSync

zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum’s throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale.

Website | Twitter

RESOURCES

Good Games Guild

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This significant step marks a new milestone for Bounce Finance as it continues to provide Auction as a Service and meet the burgeoning demand for decentralized auctions across various blockchain networks. With zkSync Era, Bounce Finance users will enjoy numerous benefits including reduced transaction fees, swift transaction speeds, and exceptional security.

Introducing zkSync

zkSync is a ZK rollup, a trustless protocol that employs cryptographic validity proofs (SNARKs) to offer scalable and cost-efficient transactions on Ethereum. In the zkSync model, computation and the majority of data storage are performed off-chain, while maintaining Ethereum-level security for all transactions. zkSync Era is designed to resemble the Ethereum environment closely but requires lower fees.

The smart contracts within zkSync Era are crafted in Solidity or Vyper, much like in the Ethereum ecosystem, and can be accessed using the same client interfaces as other EVM-compatible chains. This gives users and developers the advantage of Ethereum’s comprehensive toolset and community support, while significantly reducing transaction fees, enabling unlimited throughput, and enhancing overall scalability.

Introducing Bounce Finance

Bounce Finance is a decentralized auction protocol that enables users to create and participate in a diverse array of auctions across numerous blockchain ecosystems. By leveraging the power of smart contracts and blockchain technology, Bounce Finance provides a trustless and permissionless environment for conducting on-chain auctions, ensuring a secure and transparent process for both buyers and sellers. Bounce Finance offers a wide range of auction products, including Token & NFT Auction, Real-World Collectible Auction, and Ad Space Auction.

Bounce Finance users can now seamlessly participate in decentralized auctions on the zkSync Era network through Bounce Finance’s user-friendly platform. The integration of zkSync Era underlines Bounce Finance’s commitment to addressing the diverse needs within the rapidly expanding digital asset market and providing users with numerous benefits that ensure a seamless and rewarding auction experience.

Low Gas Fees

A major advantage of integrating zkSync Era is the substantially lower transaction fees. zkSync Era employs a robust ZK technology suite, which encompasses an LLVM-based Solidity compiler, a top-rated GPU prover, and soon, the pioneering Redshift proof system developed by Matter Labs. This sophisticated technology stack drives down the cost of an average transaction to just a fraction of a cent. Bounce Finance users can now take advantage of the low gas fees on zkSync Era and engage in more on-chain auctions through its App, together facilitating an inclusive, frictionless auction environment.

Robust Security

Another key feature of zkSync Era is mainnet-equivalent security without reliance on third parties. Among all scaling solutions, ZK Rollups stands out as the most secure. Leveraging the power of mathematical proofs, they completely absorb the security parameters of Layer 1, an essential characteristic when operating in highly competitive environments. This added security measure benefits Bounce Finance users by ensuring a safe and reliable platform for their auction activities, instilling confidence in the auction process and the overall ecosystem.

Faster Transaction Speed

zkSync Era pioneers the innovative idea of Hyperchains — autonomous ZK-chains on Ethereum, connected with a network of cost-efficient and fully trustless Hyperbridges. While the throughput of each distinct Hyperchain determines the capacity and degree of decentralization of its nodes, collectively, Hyperchains remove any limit on the total throughput achievable within the zkSync Era ecosystem.

This unlimited throughput translates to accelerated transaction speeds, providing Bounce Finance users with a swift and efficient auction experience that significantly reduces waiting times, thereby enhancing the overall user interaction with the platform.

The integration of zkSync Era with the Bounce Finance protocol represents a pivotal advancement in our mission to provide Auction as a Service, the ultimate decentralized auction experience for our users. By leveraging zkSync Era’s low fees, robust security features, and fast transaction speed, Bounce Finance sets a new standard in the decentralized auction space. We are excited to embark on this journey together with zkSync Era and look forward to exploring further possibilities to enhance and expand our platform.

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RESOURCES

Bounce Finance

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Bounce Finance users can now seamlessly participate in decentralized auctions on the zkSync Era network through Bounce Finance’s user-friendly platform. The integration of zkSync Era underlines Bounce Finance’s commitment to addressing the diverse needs within the rapidly expanding digital asset market and providing users with numerous benefits that ensure a seamless and rewarding auction experience. As Bounce Finance announced their Integration with Zksync Era.

Low Gas Fees

A major advantage of integrating zkSync Era is the substantially lower transaction fees. zkSync Era employs a robust ZK technology suite, which encompasses an LLVM-based Solidity compiler, a top-rated GPU prover, and soon, the pioneering Redshift proof system developed by Matter Labs.

Robust Security

Another key feature of zkSync Era is mainnet-equivalent security without reliance on third parties. Among all scaling solutions, ZK Rollups stand out as the most secure. Leveraging the power of mathematical proofs, they completely absorb the security parameters of Layer 1, an essential characteristic when operating in highly competitive environments.

Faster Transaction Speed

zkSync Era pioneers the innovative idea of Hyperchains — autonomous ZK-chains on Ethereum, connected with a network of cost-efficient and fully trustless Hyperbridges. While the throughput of each distinct Hyperchain is determined by the capacity and degree of decentralization of its nodes, collectively, Hyperchains remove any limit on the total throughput achievable within the zkSync Era ecosystem.

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About zkSync

A ZK rollup, trustless protocol that employs cryptographic validity proofs (SNARKs) to offer scalable and cost-efficient transactions on Ethereum. In the zkSync model, computation and the majority of data storage is performed off-chain, while maintaining Ethereum-level security for all transactions.

Website | Twitter

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About Bounce Finance

A decentralized auction protocol that enables users to create and participate in a diverse array of auctions across numerous blockchain ecosystems.

Website | Twitter

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SOURCE: MEDIUM

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Celer initially includes bridging via the xAsset (lock-and-mint) model between BNB Chain, Avalanche, and Polygon. Additionally they are also supporting zkSync Era with Celer Inter-chain Messaging so that projects are able to build cross-chain application logics across zkSync Era and the 10+ other blockchains that Celer-IM supports. As the ecosystem grows and zkSync Era becomes more battle-tested, Celer plan to add additional bridging support via xLiquidity, their liquidity-pool based model, for tokens natively issued or bridged onto zkSync Era. As cBridge Now Supports Zksync Era.

Celer-bridged token addresses on zkSync Era:

• BNB – 0x7400793aAd94C8CA801aa036357d10F5Fd0ce08f
• BUSD – 0x2039bb4116B4EFc145Ec4f0e2eA75012D6C0f181
• AVAX – 0x6A5279E99CA7786fb13F827Fc1Fb4F61684933d6
• MATIC – 0x28a487240e4D45CfF4A2980D334CC933B7483842

Zksync  Era

This allows users to enjoy the lower costs of using a ZK rollup while maintaining the security of the Ethereum L1. Just like on Ethereum, smart contracts are written in Solidity/Vyper on zkSync Era and can be called using the same clients as the other EVM-compatible chains and will support existing Ethereum wallets out of the box on the Day 1 of its full mainnet launch.

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About zkSync

zkSync is an open-source Layer-2 blockchain that eliminates Ethereum’s costly gas fees, scaling constraints, and performance barriers using zero-knowledge proofs.

Bootstrapped by initial funding from the Ethereum Foundation, zkSync has powered over 10 million transactions, fuels major web3 applications, including Argent and Gitcoin, and recently launched the first EVM compatible zero-knowledge rollup, allowing developers to deploy general-purpose applications written in Solidity.

Website | Twitter

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About Celer Network

Celer is a blockchain interoperability protocol enabling a one-click user experience. Accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK. To gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

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SOURCE: CELER NETWORK BLOG

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RNS ID partnership with zkSync is to launch its On-Chain KYC with its privacy engine, a trustless and verified identity compliance in Web3.

Introduction

zkSync, which is regarded as the key innovation in RNS’s digital ID program. Is attempting to support its functional privacy features for on-chain legal ID. By implementing zero-knowledge proof and Merkle root-hashed ID properties.

These features provide users and businesses with complete autonomy over their own information and data. While also reducing transaction time during the KYC verification process.

The On-Chain Trustless KYC Solution

This method eliminates the user’s multiple verification processes by different requirements. This functionality creates a “mask” of one’s personal information through ZK Proofs without revealing one’s sensitive data, enabling unrestricted access to and use of the web3. RNS API allows multi-single integration points to the security features in the onboarding process.

This solution for the new KYC paradigm for zero-knowledge proof implementation is verifying identification without penetrating customer privacy; leveraging self-sovereign and zero-knowledge proofs is on the frontier of research.

The Advantages

While it is believed to provide support to the growing ecosystem of infrastructure among crypto enthusiasts. It will also pave the way to its marketing support and expansion of the geographical reach of RNS’ digital ID program and future digital projects and initiatives.

On the other hand, zkSync’s continued innovation and rollups offer enhanced privacy, ease of use, lower fees, and scalability.

This on-chain trustless KYC breakthrough provides an avenue to both platforms’ system integration of on-chain identity verification and programmable privacy features of blockchain native identity. It also aims to support global exchanges and bring trustworthy customers easily to its platform.

zkSync ‘s L2 to L3 ‘Opportunity’

zkSync’s rollups bring Ethereum to a higher level of scalability, security, customization, and high performance while maintaining its low fee.

As the precursor to Layer 3, Layer 2 or zkSync 2.0. Promises to provide every project with the complete security of Ethereum and be permanently future-proof. In its quest to offer constant solutions to Ethereum’s network performance. zkSync is set to deploy an architecture upgrade called the L3 ‘Opportunity’ or zkSync 3.0 early next year on a public testnet.

The Layer 3 ‘Opportunity’ prototype will provide significantly higher security, limitless customization, and trustlessly linked yet cheaper blockchain technology. It will inherit the full features of its predecessor, L2, but a better version, especially in security. Shielding from fraud and hacks in a very hostile digital environment. It shall also be an upgrade to perform faster transaction speed, reduce data cost, and ease of use, making app creation 10x easier.

About RNS ID

RNS ID is the world’s first Web3 legal identity platform. The RNS platform gives users universal access to virtual government services. It offers global citizens unprecedented access to borderless economic freedom and a new democratic paradigm in a borderless digital world.

Website | Twitter

About zkSync

zkSync is a ZK rollup, a trustless protocol that uses cryptographic validity proofs to provide scalable and low-cost transactions on Ethereum.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/zksync-to-support-rnsids-on-chain-kyc-solution-301684486.html

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