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      zkSync Price (ZKSYNC)

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      What Is zkSync(ZKSYNC)?

      zkSync is a scaling and privacy engine for Ethereum. Its current functionality scope includes low gas transfers of ETH and ERC20 tokens in the Ethereum network, atomic swaps & limit orders as well as native L2 NFT support. 

      zkSync is built on ZK Rollup architecture. ZK Rollup is an L2 scaling solution in which all funds are held by a smart contract on the mainchain, while computation and storage are performed off-chain. For every Rollup block, a state transition zero-knowledge proof (SNARK) is generated and verified by the mainchain contract. This SNARK includes the proof of the validity of every single transaction in the Rollup block. Additionally, the public data update for every block is published over the mainchain network in the cheap calldata.

      What Are the Main Features of zkSync(ZKSYNC)?

      This architecture provides the following guarantees:

      • The Rollup validator(s) can never corrupt the state or steal funds (unlike Sidechains).
      • Users can always retrieve the funds from the Rollup even if validator(s) stop cooperating because the data is available (unlike Plasma). 
      • Thanks to validity proofs, neither users nor a single other trusted party needs to be online to monitor Rollup blocks in order to prevent fraud (unlike payment channels or Optimistic Rollups).

      What Is zkSync(ZKSYNC) Token?

      According to the zkSync team, there will be a token of zkSync, however, the release date is not set.

      zkSync (ZKSYNC) Community

      zkSync FAQ

      CoinCarp does not currently have price data for zkSync as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once zkSync is live on an exchange, CoinCarp will provide real-time zkSync coin prices from different exchanges.

      It depends on your personal risk tolerance and investment goals. zkSync is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
      If you decide to get involved in zkSync investing, you will also need to understand the zkSync project's white paper, team background, tokenomics, and the overall market environment.

      CoinCarp's tracking data suggests that the zkSync is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase zkSync from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for zkSync.

      According to CoinCarp's tracking data, no crypto exchange yet supports zkSync contracts or ETF trading. so you can't short zkSync

      It is impossible to predict what zkSync will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, zkSync's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of zkSync 5 years from now.

      zkSync's Logo
      zkSync ZKSYNC
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      ZKSYNC Price Statistics

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