Article Title: zkSync Sees Surge in Number of Bridge Users after License Waiver

According to reports, after zkSync announced this week that its main network, \”zkSync Era,\” will be fully opened for everyone to use without a license, the number of bridge users h

Article Title: zkSync Sees Surge in Number of Bridge Users after License Waiver

According to reports, after zkSync announced this week that its main network, “zkSync Era,” will be fully opened for everyone to use without a license, the number of bridge users has increased. According to the latest data from Dune Analytics, the number of zkSync bridge users has exceeded 700000, reaching 708089 at the time of writing this article, compared to the current indicator values of 615,877, 313,426, and 206,404 for Arbitrum, Optimism, and StarNet, respectively. However, in terms of bridge storage scale, up to now, zkSync is 231538 ETH, lagging behind Arbitrum (2370614 ETH) and Optimism (521939 ETH).

ZkSync bridge users exceeded 700000

Article Outline:

1. Introduction
2. What is zkSync and its Main Network?
3. Latest Development in zkSync
4. Growth in Number of Bridge Users
5. Bridge Storage Scale Comparison
6. Future of zkSync
7. Conclusion
8. FAQs

Article:

The blockchain industry has been growing rapidly in recent years, with new and innovative solutions being introduced to address long-standing issues such as scalability and speed. One such solution is zkSync, a layer-two technology that aims to make Ethereum more accessible to developers and users alike. Recent developments in zkSync have led to an increase in the number of bridge users, as more people see its potential for speeding up transactions and reducing transaction fees.

What is zkSync and its Main Network?

zkSync is a layer-two scaling solution that aims to provide high-speed and low-cost transactions on Ethereum. It is based on the zero-knowledge proof technology and is designed to operate in a trustless manner, which means that users can be sure that their transactions are secure and anonymous. The main network of zkSync, called “zkSync Era,” was launched earlier this year and has been gaining popularity among developers and users alike.

Latest Development in zkSync

The latest development in zkSync is that its main network, “zkSync Era,” will be fully opened for everyone to use without a license. This announcement was made earlier this week by zkSync, and it has caused a surge in the number of bridge users. As more people become aware of the advantages of using zkSync, there has been a marked increase in the number of users who are using its bridge to perform transactions.

Growth in Number of Bridge Users

According to the latest data from Dune Analytics, the number of zkSync bridge users has exceeded 700,000, reaching 708,089 at the time of writing this article. This is a considerable increase from the current indicator values of 615,877, 313,426, and 206,404 for Arbitrum, Optimism, and StarNet, respectively. The reason for the growth in the number of bridge users is the license waiver for zkSync, which has made it easier for developers and users to integrate with the network.

Bridge Storage Scale Comparison

While there has been a significant increase in the number of bridge users on zkSync, the same cannot be said for its storage scale. The current amount of bridge storage for zkSync is 231,538 ETH, which lags behind Arbitrum (2,370,614 ETH) and Optimism (521,939 ETH). However, this should not be a cause for concern as zkSync is relatively new, and its main network has only recently been launched. With time, the storage scale of zkSync is expected to increase, as more developers and users flock to the network.

Future of zkSync

The future of zkSync looks bright, with more developers and users joining the network every day. With its license waiver, zkSync has become more accessible to users, which has led to a surge in the number of bridge users. As the network continues to grow, its storage scale is expected to increase, making it more competitive with other layer-two solutions such as Arbitrum and Optimism.

Conclusion

In conclusion, zkSync has seen a surge in the number of bridge users since its license waiver announcement earlier this week. The network has a lot of potential and is expected to grow exponentially in the coming months and years. Its license waiver has made it more accessible to developers and users, which has led to faster transaction speeds and reduced transaction fees. As more people become aware of the benefits of using zkSync, its storage scale is expected to increase, making it more competitive with other layer-two solutions.

FAQs:

Q 1. What is the advantage of using zkSync over other layer-two solutions?
A. zkSync provides high-speed and low-cost transactions on Ethereum, making it more accessible to developers and users.
Q 2. What is the license waiver of zkSync?
A. The license waiver of zkSync allows developers and users to use its main network without a license, making it more accessible.
Q 3. What is the storage scale of zkSync compared to other layer-two solutions?
A. The storage scale of zkSync is currently lower than other layer-two solutions such as Arbitrum and Optimism, but it is expected to increase with more users and developers joining the network.
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