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zkSync Era

What is zkSync Era?

ZKsync Era is a Layer 2 ZK rollup, a trustless protocol that uses cryptographic validity proofs to provide scalable and low-cost transactions on Ethereum.

ZK Chains

ZK chains are high performance, verifiable, modular rollups and validiums powered by ZKsync. United in an elastic network, ZK chains can be added or expanded to handle increased transaction volume without affecting costs or hardware requirements for verification.

ZK Stack

ZKsync offers secure one-tap onboarding via FaceID/Passkeys, eliminating the need for seed phrases and reducing the risk of hacks. By automatically creating modular smart accounts at the protocol level, ZKsync enables a delightful, customizable UX, allowing users to seamlessly access all ZK chains with what feels like a single account directly from their application.

Main Features

  • Security inherited from Ethereum, with zero reliance on 3rd parties.
  • Permissionless EVM-compatible smart contracts.
  • Preserving key EVM features, such as smart contract composability.
  • Standard Web3 API.
  • State updates via transaction outputs (also known as state diffs) which provides significant cost savings over transaction inputs.
  • Native account abstraction with improvements over EIP4337 (implemented in Ethereum and other rollups).

Developer Experience

ZKsync Era was built to provide a similar developer experience as Ethereum.

  • Smart contracts can be written in Solidity or Vyper.
  • Smart contracts are compiled with custom compilers: zksolc and zkvyper.
  • Most contracts work out of the box so migrating projects is seamless.
  • Use existing frameworks like Hardhat, libraries like Ethers, Viem, or web3.js, and tools like theGraph, Thirdweb, or Chainlink.
  • Web3 API compatibility enables support of most developer tools.
  • Different tools for testing and debugging locally.

User Experience

  • Interacting with applications built on ZKsync Era is seamless, cheap, and fast.
  • Transactions have instant confirmations and fast finality on L1.
  • Transaction fees are extremely low (average transaction costs).
  • Transaction fees can be conveniently paid with ERC20 tokens (e.g. USDC) thanks to native account abstraction and paymasters.
  • Support for existing Ethereum-based wallets like Metamask, TrustWallet, Zerion, Rabby, etc.

Visit the website for more information

Visit their official website to learn more:
https://zksync.io/
Accounting Features Supported for
zkSync Era
Cost Basis & Inventory Tracking
Soon
Unrealized G/L & Impairment Calculation
Soon
Reconciliation & Sanity Checks
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QBO, Xero, Netsuite, etc.
Soon

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