Team Finance (by TrustSwap) is proud to announce that we now support zkSync Era as yet another addition to our list of supported blockchains.
What is zkSync Era?
zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge “Zero-Knowledge” (ZK) cryptographic technology designed to not only increase Ethereum’s throughput but to fully preserve its foundational values of freedom, self-sovereignty, and decentralization at scale.
What is a Layer 2 Network?
Layer 2 networks operate atop an underlying blockchain protocol (in this case Ethereum), enabling transaction processing off the mainnet (Layer 1).
This architecture yields numerous benefits for developers and users alike, encompassing improved scalability, enhanced transaction speeds, reduced gas fees, and upholding security, privacy, and decentralization akin to the mainnet.
Key Features of zkSync Era:
- Hyperscalability: To meet web3’s exponential demand, blockchains needs to scale like the Internet, processing an unlimited number of transactions without a marginal impact on security or cost. We call this property hyperscalability, which is the ultimate goal of zkSync Era design.
- Security++: ZK-rollups like Era are the only scaling solution that can inherit 100% of Ethereum’s security. But theory is not enough. zkSync is committed to going above and beyond to make Era by far the most secure L2, in practice.
- A brand new Era for UX: Self-custody combined with intuitive, delightful, and security-fostering UX is critical to onboard the first billion users to web3. Era’s design started with the end-user in mind.
- A Robust and Growing Ecosystem: Over 200 projects, including Chainlink, SushiSwap, Uniswap, Aave, Argent, 1inch, Gnosis, and Curve, have registered their interest to deploy on zkSync Era. These projects can now enjoy access to the industry-leading token management tools and services offered by Team Finance on zkSync network.
About Team Finance
Team Finance (powered by TrustSwap) is a suite of web3 SAAS tools for tokenized companies and organizations wanting to spend less time on token management and administration.
Team Finance enables web3 founders and CFOs to reduce their time and expenses on token operations with our fully audited and customizable token management solutions.
Team Finance aggregates popular token management tools, including minting, distributing, and locking tokens and liquidity, into one simple and easy-to-use platform.
=> Click here to start using Team Finance now with support for the zkSync Era chain.