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zkSync Ecosystem Portal: A Move Toward Decentralization

Matter Labs and DappRadar launch a new zkSync ecosystem portal to enhance Ethereum's scalability and decentralization.
Published on 2023-09-14

Introduction to zkSync and Its Ecosystem

Matter Labs has unveiled a new ecosystem portal for zkSync, managed in collaboration with DappRadar. This initiative marks a significant step towards decentralizing the zkSync protocol. As a layer-2 blockchain solution, zkSync was developed to enhance Ethereum's scalability, particularly for payments.

zkSync's Role in Ethereum Scaling

zkSync serves as a pivotal method for scaling the Ethereum blockchain ecosystem. Its design aims to improve the speed and efficiency of Ethereum transactions, addressing the network's congestion issues and high fees. By operating as a layer-2 solution, zkSync offloads transaction processing from the main Ethereum blockchain, thereby increasing overall throughput.

Growth and Adoption of zkSync

The zkSync platform currently supports over 200 projects, reflecting its growing adoption within the blockchain community. Its robust infrastructure has facilitated more than 8.8 million testnet transactions, underscoring its capability to handle significant transaction volumes efficiently.

Collaboration with DappRadar

The partnership with DappRadar to manage the new ecosystem portal is a strategic move to enhance transparency and user engagement. This portal aims to provide users with comprehensive insights into the zkSync ecosystem, promoting informed participation and fostering an active community.

Toward Full Decentralization

The launch of this ecosystem portal is a crucial step towards achieving full decentralization for zkSync. By empowering users and developers with greater access and control, Matter Labs and DappRadar are paving the way for a more decentralized and scalable Ethereum network.

Conclusion

Matter Labs' collaboration with DappRadar to launch the zkSync ecosystem portal signifies a major advancement in Ethereum's scalability efforts. This development not only enhances the protocol's decentralization but also supports the growing demand for efficient blockchain transactions.

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