Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

ZKsync and its ZK Token: Everything You Need to Know About the L2 That Is Revolutionizing Ethereum

Have you ever wondered how Ethereum can process thousands of transactions per second without breaking the main chain? ZKsync is the answer, and it just launched its native ZK token. Let’s break down what’s happening here.

The Airdrop That Shocked: 3.675 Billion Tokens Distributed

ZKsync recently distributed 17.5% of its total supply via airdrop. The numbers are huge: over 695,000 wallets received tokens, making it one of the largest airdrops in blockchain history. Each wallet received a maximum of 100,000 tokens (to prevent power concentration), and the best part: the tokens were liquid from day one.

This is no coincidence. ZKsync is betting on real decentralization, where early users and community contributors are the true owners.

zk-Rollups: How ZKsync Scales Ethereum Without Sacrificing Security

Here comes the technical part, but don’t worry, it’s simpler than it sounds.

ZKsync uses zk-rollups: technology that packages thousands of transactions into a single cryptographic proof. Instead of Ethereum processing each transaction individually (maximum 15 TPS), ZKsync can handle thousands.

The benefits are clear:

  • Speed: transactions a thousand times faster
  • Cost: gas fees drastically reduced (we’re talking cents instead of dollars)
  • Privacy: transactions are verified without revealing sensitive data

The Elastic Network: Modularity and Interoperability on Another Level

ZKsync doesn’t just want to scale Ethereum. Its Elastic Network allows the creation of “private blockchains” on demand. A finance company can create its own chain complying with regulations, a game can have its own with gasless transactions, all interconnected without liquidity silos.

These features include:

  • Gasless transactions: yes, just like it sounds
  • Account abstraction: forget about traditional seed phrases
  • EVM compatibility: developers don’t need to learn anything new

Decentralized Governance: The Community Rules

ZKsync implements a three-layer governance system:

  1. Token Assembly: ZK holders vote on protocol updates
  2. Security Council: Oversees protocol integrity
  3. ZK Guardians: Independent entities acting as a system of checks and balances

No centralized teams making decisions for everyone. It’s different here.

Institutional Use Cases: Tokenization and Compliance

ZKsync is attracting serious corporate interest:

Tokenization of real-world assets: companies can turn properties, stocks, or commodities into tokens, enabling fractionalization and better liquidity.

Regulatory compliance: ZKsync’s private and permissioned chains are a paradise for regulated industries (insurance, banking, etc.).

This is what sets ZKsync apart from other L2s: it’s not just fast, it’s enterprise-ready.

Gaming: Where ZKsync Is Dominating

The blockchain gaming industry is using ZKsync to create frictionless experiences:

  • High transaction capacity (needed for games on-chain)
  • Improved UX (users don’t think about gas or wallets)
  • Interoperability: your assets move from one game to another seamlessly

ZKsync is positioning itself as the de facto infrastructure for blockchain gaming.

Security: No Joke

ZKsync has invested over $10 million in security audits. Additionally:

  • Formal verification: pure math guaranteeing everything works as it should
  • Trusted Execution Environments: secure hardware for sensitive operations

The team understands that in crypto, trust is everything.

Tokenomics: Sustainability in Mind

Of the total ZK token supply:

  • 33% for investors and team (with 4-year vesting to prevent dumping)
  • 67% for community initiatives, airdrops, and incentives

The ZK token’s utility includes governance, staking, and fee payment.

What’s Next: The Promising Roadmap

ZKsync has ambitious plans:

  • Decentralization of the proving network: anyone can generate proofs
  • Staking mechanisms: soon you’ll be able to put your tokens to work
  • More zk-chains: diversification of use cases

The Verdict

ZKsync isn’t just another L2. It’s the infrastructure Ethereum needed: fast, cheap, decentralized, and enterprise-ready. The massive airdrop to 695,000+ users is a vote of confidence that the community believes in this.

If Ethereum is the global protocol, ZKsync can be the highway everything runs on.

ZK-5.69%
ETH0.19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)