zkSync (ZK), a ZKP Layer-2, Will Be Listed on CoinW Exchange

CoinW,
the
world’s
pioneering
cryptocurrency
trading
platform,
will
list
ZK,
a
zero
knowledge
proof
based
Ethereum
Layer-2,
on
the
Layer
2
Zone.
For
all
CoinW
users,
the
ZK/USDT
will
be
officially
available
for
trading
on
17th
June
2024,
at
9:00
(UTC).
Meanwhile,
CoinW
will
also
list
 ZK
x3
ETF,
and
open
ZK3L/USDT
&
ZK3S/USDT
trading
pairs.
To
celebrate
the
listing
of
ZK,
we
are
launching
the “Join
the
ZK
bounty
program:
Register
&
Trade
&
Retweet”
event
with
a
reward
pool
of
5,000
USDT.

Discover
zkSync
Era
(ZK):
The
Future
of
Scalable
and
Instant
Transactions

ZKSync
Era
is
a
Layer
2
scaling
solution
for
Ethereum
that
leverages
zero-knowledge
(ZK)
rollup
technology
to
significantly
boost
Ethereum’s
transaction
throughput
while
maintaining
its
security
and
decentralization.
This
protocol
is
designed
to
process
multiple
transactions
off-chain,
generating
a
single
zero-knowledge
proof
(ZKP)
that
is
then
submitted
to
the
Ethereum
mainnet
for
verification.
This
approach
reduces
the
computational
load
on
the
mainnet
and
ensures
the
integrity
of
data
in
decentralized
networks.

Key
Features
and
Advantages

Zero-Knowledge
Rollup
Technology:
ZKSync
Era
uses
ZK
rollup
technology
to
bundle
multiple
transactions
into
a
single
proof,
processing
them
off-chain
and
significantly
boosting
Ethereum’s
transaction
throughput.

EVM
Compatibility:
ZKSync
Era
is
EVM-compatible,
allowing
most
smart
contracts
to
work
seamlessly
without
requiring
significant
changes.
This
compatibility
lowers
the
barrier
for
Ethereum
developers
to
migrate
to
ZKSync
Era.

Native
Account
Abstraction:
ZKSync
Era’s
native
account
abstraction
brings
multiple
user
experience
improvements,
including
programmable
authorizations,
leading
to
more
flexible
and
secure
wallet
designs.

L1
→
L2
Smart
Contract
Messaging:
ZKSync
Era
supports
seamless
communication
between
smart
contracts
on
the
Ethereum
mainnet
and
those
on
the
ZKSync
Era
Layer
2,
enabling
efficient
interactions
and
data
transfer.

Security
and
Decentralization:
ZKSync
Era
inherits
Ethereum’s
security
guarantees,
ensuring
that
all
transactions
are
verified
on-chain,
and
there
is
zero
reliance
on
third
parties.

Low
Transaction
Fees:
ZKSync
Era
offers
extremely
low
transaction
fees,
making
it
an
attractive
option
for
users
seeking
cost-effective
transactions.

Developer
Experience:
ZKSync
Era
provides
a
similar
developer
experience
to
Ethereum,
with
support
for
Solidity
and
Vyper,
custom
compilers,
and
compatibility
with
existing
frameworks
and
tools.

5,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
5,000
USDT
equivalent
ZK
prize
pool
will
be
up
for
grabs
from
June
11th,
2024,
at
10:00
to
June
18th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
$5,000
USDT.
 To
claim
your
rewards,
please
click here.

About
CoinW

CoinW is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure
crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About
ZK
(zkSync
Era)

zkSync
Era is
a
Layer
2
scaling
solution
that
retains
the
security
properties
of
the
underlying
blockchain
by
utilizing
the
latest
generation
of
succinct
zero-knowledge
proofs.
All
funds
within
zkSync
are
held
by
smart
contracts
on
the
main
chain,
while
computation
and
storage
are
performed
off-chain.