Browsing: Ethereum scaling solutions

Ethereum transaction volumes have recently captured attention as the network sets remarkable records, handling up to 2.88 million transactions in a single day.This surge in activity highlights not only Ethereum’s capacity for high throughput but also the effectiveness of its Layer 2 Ethereum scaling solutions.

ZKsync retirement marks a pivotal moment in the evolution of Ethereum scaling solutions, as Matter Labs transitions away from ZKsync Lite, its original zero-knowledge rollup, launched in June 2020.This planned and orderly phase-out signals the end of a system that has effectively validated its foundational concepts, paving the way for the advanced ZKsync Era and updates within the ZK Stack framework.