Bankless The zkEVM is Here | zkSync's Steve Newcomb
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Sep 28, 2022 Steve Newcomb, Chief Product Officer at Matter Labs and zkEVM enthusiast, discusses the launch of zkSync's groundbreaking zkEVM. He explains how this technology enhances Ethereum scalability and sets it apart from traditional solutions. Key topics include innovative layer three concepts, the competitive landscape of zkEVMs, and the importance of collaboration in blockchain tech. Steve also addresses pressing questions about token distribution and the project’s future roadmap, making it a must-listen for crypto enthusiasts.
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zkSync 2.0: The Endgame for Ethereum Scaling
- zkSync 2.0 is the endgame for Ethereum scaling, featuring EVM compatibility, Solidity support, and an open-source nature.
- It's a significant step for the entire Ethereum community, scaling both technology and mission.
Layer 3: Infinite Scalability and Customization
- Layer 3 offers infinite scalability and customization, unlike the one-size-fits-all approach of Layer 2.
- Each use case, like DeFi or gaming, can customize a blockchain to its specific needs, creating fractal hyperchains.
Cosmos vs. ZK Sync: MySpace of Blockchains?
- Steve Newcomb compares Cosmos to MySpace, acknowledging its innovative ideas but noting its disorganized implementation.
- ZK Sync offers a structured approach, inspired by Cosmos, with different hyperchain structures and shared security.