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About ZKS

zkSync is a Layer-2 scaling solution for Ethereum, enabling faster, cheaper transactions by using zk-rollups, all while maintaining Ethereum's security guarantees. It facilitates high throughput and scalability for decentralized applications.

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Frequently Asked Questions about zkSync

What is zkSync (ZKS)?

zkSync is a Layer-2 scaling solution for Ethereum that enhances transaction speed and reduces costs by using zero-knowledge rollups (zk-rollups).

How does zkSync work?

zkSync aggregates multiple transactions into a single batch, processing them off-chain. It leverages zero-knowledge proofs to ensure transaction validity while keeping costs low.

What makes zkSync unique?

zkSync is unique for its use of zk-rollups to scale Ethereum transactions while inheriting Ethereum's security guarantees. It enables faster and cheaper transactions without compromising on security.

Where can I buy and trade zkSync (ZKS)?

ZKS tokens can be traded on various centralized exchanges. The most popular exchange for trading zkSync is Binance, where the most active trading pair ZKS/USDT has a trading volume of $268 million in the last 24 hours.

What are the benefits of using zkSync?

zkSync enables faster and cheaper transactions on Ethereum by utilizing zk-rollups, all while ensuring the security and decentralization of Ethereum's mainnet.

How can I store my zkSync (ZKS) tokens securely?

ZKS tokens can be stored in any ERC-20 compatible wallet, including MetaMask, Trust Wallet, and hardware wallets like Ledger and Trezor.

Is zkSync (ZKS) a good investment?

As of December 4, 2024, zkSync has a market cap of approximately $1.5 billion and a 24-hour trading volume of $268 million. As with any investment, it is essential to conduct thorough research and consider market volatility.