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 zkSync launches new STARK based proof system with a focus on mass usability

zkSync launches new STARK based proof system with a focus on mass usability


Published: 2023-07-17


1. Main Topic: ZK-Sync launches Stark-based proof system ZK-Sync,a layer-2 scaling solution for Ethereum,has recently launched a Stark-based proof system. This proof system allows users to make transactions on the Ethereum blockchain with enhanced privacy and security. By utilizing zero-knowledge proofs,ZK-Sync ensures that transaction details are kept confidential,while also maintaining the scalability and efficiency of the Ethereum network. The introduction of this new proof system is expected to solve the issues of high gas fees and slow transaction times on the Ethereum blockchain,providing a more seamless and cost-effective experience for users.

2. Topic: Enhanced privacy and security in transactions With the launch of ZK-Sync's Stark-based proof system,users will benefit from enhanced privacy and security in their Ethereum transactions. The integration of zero-knowledge proofs ensures that transaction details remain confidential and cannot be accessed by any third party. This addresses concerns regarding the transparency of transactions on the blockchain,making it a more attractive option for individuals and businesses looking to protect their sensitive financial information.

3. Topic: Scalability and efficiency of the Ethereum network ZK-Sync's Stark-based proof system also aims to improve the scalability and efficiency of the Ethereum network. As more users are attracted to the blockchain,the network has experienced issues with high gas fees and slow transaction times. By implementing this proof system,ZK-Sync enables faster and more cost-effective transactions,making it easier for users to engage with decentralized applications and conduct business on the Ethereum platform. This development could potentially lead to increased adoption of Ethereum as a mainstream blockchain solution. Note: The summaries provided above are only intended to give a brief overview of the main topics addressed in the article. For a complete understanding of the subject matter,it is advisable to read the full article.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 61,122.07 2,449,868,498.99
2 ARS title=ARS 1,082.80 2,069,454,998.00
3 ETH title=ETH 3,007.79 1,324,334,039.39
4 SOL title=SOL 128.47 682,074,921.88
5 PEPE title=PEPE <0.01 340,719,625.95
6 ENA title=ENA 0.81 241,937,222.93
7 DOGE title=DOGE 0.14 168,704,105.09
8 XRP title=XRP 0.50 163,964,440.14
9 ETHFI title=ETHFI 3.84 163,695,545.30
10 WIF title=WIF 2.48 133,994,308.70
11 PENDLE title=PENDLE 4.32 99,185,145.41
12 BONK title=BONK <0.01 96,502,334.69
13 AVAX title=AVAX 33.18 90,589,543.81
14 NEAR title=NEAR 6.24 83,896,238.31
15 BOME title=BOME <0.01 71,398,443.15
16 RUNE title=RUNE 4.75 69,689,749.41
17 WLD title=WLD 4.37 63,865,356.50
18 TRX title=TRX 0.12 59,773,889.05
19 SEI title=SEI 0.58 56,471,642.54
20 OP title=OP 2.34 55,689,218.68
21 MATIC title=MATIC 0.66 50,443,217.97
22 AMP title=AMP <0.01 47,766,372.90
23 FLOKI title=FLOKI <0.01 42,887,661.79
24 FIL title=FIL 5.58 41,670,452.22
25 ADA title=ADA 0.43 40,723,221.46
26 ORDI title=ORDI 38.66 40,425,280.75

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Amp title=AMP <0.01 +22.24
2 Ethena title=ENA 0.81 +2.92
3 W 0.63 +2.78
4 BasedSwap title=BSW 0.08 +2.06
5 Jito title=JTO 3.07 +1.66
6 BinaryX [OLD] title=BNX 0.99 +1.23
7 LeverFi title=LEVER <0.01 +0.61
8 Paris Saint-Germain Fan Token title=PSG 5.31 +0.55
9 TRON title=TRX 0.12 +0.21
10 Pax Dollar title=USDP 1.00 +0.01

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Pendle title=PENDLE 4.32 -16.93
2 Cats Of Sol title=COS 0.01 -14.79
3 Waves title=WAVES 2.38 -14.76
4 Ooki title=OOKI <0.01 -13.39
5 SSV Network title=SSV 41.09 -13.06
6 Ether.fi title=ETHFI 3.84 -12.91
7 OAX title=OAX 0.21 -11.59
8 IRISnet title=IRIS 0.02 -11.46
9 Metis title=METIS 58.10 -10.05
10 COMBO title=COMBO 0.72 -9.71
11 Alchemy Pay title=ACH 0.03 -9.46
12 Mines of Dalarnia title=DAR 0.14 -9.22
13 Balancer title=BAL 3.46 -9.17
14 dogwifhat title=WIF 2.48 -9.11
15 iExec RLC title=RLC 2.46 -8.97
16 Chromia title=CHR 0.27 -8.76
17 1000SATS (Ordinals) title=1000SATS <0.01 -8.65
18 NEAR Protocol title=NEAR 6.24 -8.60
19 Ethereum Name Service title=ENS 14.68 -8.25
20 Hedera title=HBAR 0.09 -8.24
21 Magic title=MAGIC 0.70 -8.00
22 COTI title=COTI 0.11 -7.98
23 Illuvium title=ILV 91.21 -7.96
24 Synthetix Network title=SNX 2.64 -7.94
25 Loom Network (NEW) title=LOOM 0.08 -7.86
26 Liquity title=LQTY 1.00 -7.85
27 Harmony title=ONE 0.02 -7.80
28 MANTRA title=OM 0.70 -7.75
29 Ocean Protocol title=OCEAN 0.82 -7.69
30 SingularityNET title=AGIX 0.80 -7.66

Bitcoin's Greed and Fear Index.

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Global CryptoCurrency News

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US news that has a significant impact on the market

at news day date time
1 Employment Cost Index q/q Tuesday 30-04-2024 13:30
2 S&P/CS Composite-20 HPI y/y Tuesday 30-04-2024 14:00
3 HPI m/m Tuesday 30-04-2024 14:00
4 Chicago PMI Tuesday 30-04-2024 14:45
5 CB Consumer Confidence Tuesday 30-04-2024 15:00
6 ADP Non-Farm Employment Change Wednesday 01-05-2024 13:15
7 Final Manufacturing PMI Wednesday 01-05-2024 14:45
8 ISM Manufacturing PMI Wednesday 01-05-2024 15:00
9 JOLTS Job Openings Wednesday 01-05-2024 15:00
10 ISM Manufacturing Prices Wednesday 01-05-2024 15:00
11 Construction Spending m/m Wednesday 01-05-2024 15:00
12 Wards Total Vehicle Sales Wednesday 01-05-2024 15:15
13 Crude Oil Inventories Wednesday 01-05-2024 15:30
14 Federal Funds Rate Wednesday 01-05-2024 19:00
15 FOMC Statement Wednesday 01-05-2024 19:00
16 FOMC Press Conference Wednesday 01-05-2024 19:30
17 Challenger Job Cuts y/y Thursday 02-05-2024 12:30
18 Unemployment Claims Thursday 02-05-2024 13:30
19 Prelim Nonfarm Productivity q/q Thursday 02-05-2024 13:30
20 Prelim Unit Labor Costs q/q Thursday 02-05-2024 13:30
21 Trade Balance Thursday 02-05-2024 13:30
22 Factory Orders m/m Thursday 02-05-2024 15:00
23 Natural Gas Storage Thursday 02-05-2024 15:30
24 Average Hourly Earnings m/m Friday 03-05-2024 13:30
25 Non-Farm Employment Change Friday 03-05-2024 13:30
26 Unemployment Rate Friday 03-05-2024 13:30
27 Final Services PMI Friday 03-05-2024 14:45
28 ISM Services PMI Friday 03-05-2024 15:00
29 FOMC Member Williams Speaks Saturday 04-05-2024 01:15

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