Benefits of having Gro on zkSync
It is yet another time to delve into the world of Gro. For this article, we shall be looking at zkSync. zkSync comes up in association with Gro courtesy of Gro’s partnership with Argent.
What is zkSync?
zkSync is a Layer 2 scaling solution that offers cheaper and faster transactions than the original Ethereum blockchain. By Layer 2 scaling solution, we are talking about a network or technology that operates on top of an underlying blockchain protocol to improve its scalability and efficiency. You see, Layer 2 scaling solutions are important because they increase throughput without compromising any of the original decentralization or security features of the blockchain.
As for zkSync, they are a part of Layer 2 solutions that is referred to as ZK rollups. What ZK rollups do is to basically bundle up off-chain transactions, compressing them into smaller transactions that are then sent to Layer 1, essentially proving that the transactions are valid without giving away any more information than is necessary.
Some of the benefits that Gro stands to gain from Argent’s use of zkSync include;
- kSync has a record of delivering much cheaper gas than most other rollups, they guarantee as much as a 1% of the gas charge on Layer 1.
- Really fast speeds are guaranteed too. Users will experience speeds as high as 2000tps.
- At the snap of a finger, you can transfer your assets back to Layer 1 with generally no fuss
- The security in zkSync is based on the main Ethereum blockchain so you can be rest assured that you are sufficiently secured.
These and other factors influenced Argent’s decision to use zkSync. They truly are the most cost-effective rollup solution, with high transaction speeds and frictionless transfers between Layer 1 and Layer 2. Users will be able to experience Gro strategies on Layer 2 thanks to the connection between Gro and Argent! What are you waiting for ? Get on this flight that only goes up !