The First zkEVM on Ethereum | zkSync Era

Marco Cora is the Head of Business Development at Matter Labs (zkSync). In this episode, we talk about the imminent launch of zkSync's zkEVM! This Ethereum L2 will significantly increase the throughput of the Ethereum network, reduce transaction costs, and improve overall efficiency. We talk with Marco about why they believe an EVM-compatible zkRollup-based L2 is better technology for scaling Ethereum long term and why we as users should care. Given the launch of optimistic rollup-based L2s like Arbitrum and Optimism, we were eager to discuss the ongoing process of onboarding DeFi and Web3 teams to zkSync Era, how they will bootstrap liquidity, and if zkSync launches a token, how it will work in decentralizing their L2. Given zkSync is solely run and operated by the zkSync team's servers, it is currently centralized, but this is expected to be transitioned to a decentralized system this year or some time in early 2024. Find out how to get ahead for what is anticipated to be the next biggest L2 launch since Arbitrum! THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN OR NFT RELATED TO ANY PLATFORMS DISCUSSED. ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ 🙋‍♀️ Interested to sponsor episodes of The Edge? Fill this out: https://hl6pu9d99u5.typeform.com/to/E3NY5Mqn ------ 🌲 LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod 🔎 DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/ ✅ FOLLOW DEFI DAD ON TWITTER: https://twitter.com/DeFi_Dad ✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap ------ The Edge Podcast Sponsor Resources 📈 GTRADE | DECENTRALIZED LEVERAGE TRADING https://gains.trade/ 🌊 STADER | MULTICHAIN LIQUID STAKING https://staderlabs.com/ 🔔 PUSH PROTOCOL | WEB3 COMMUNICATIONS https://app.push.org/ ⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS https://www.utopialabs.com/ ------ Topics Covered 00:00 - Intro 03:25 - History of zkSync & Gitcoin Grants 04:00 - Background on Matter Labs and zkSync 07:25 - Defining a zkRollup and zkEVM 15:50 - What will a zkEVM enable for users 23:15 - zkSync suite of products 29:30 - Hyperchains and Hyperscaling 33:50 - How near is Hyperscaling 37:50 - Why CEXs may opt to run on a zkEVM 41:55 - What do we know about a zkSync token 46:00 - Lessons from other L2 launches 50:15 - Projects to launch on zkSync Era 55:50 - What's least understood about L2s 01:00:10 - Advice for crypto newbies 01:01:30 - Scaling Ethereum security and values 01:03:55 - Closing ------ Guest Links Marco Cora on Twitter https://twitter.com/Be1garat zkSync on Twitter https://twitter.com/zksync Learn about zkSync Era https://zksync.io Learn about Matter Labs https://matter-labs.io/ ----- All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. 4RC invested in the Series B round for zkSync. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.