Close Menu
Crypto Chain Post
    Trending

    Bitcoin Spot Outflows Surge Amid Middle East Tensions

    June 13, 2025

    Shopify Launches USDC Payments With Coinbase

    June 13, 2025

    US Treasury Secretary: Stablecoin Market Could Greatly Exceed $2 Trillion

    June 13, 2025

    $190,000 Bitcoin Within the ‘Realm of Possibility,’ According to Analyst Kevin Svenson – Here’s His Outlook

    June 13, 2025

    Bitcoin (BTC) Price Prediction for June 12

    June 13, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Friday, June 13
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » zkSync Protocol Upgrade V24 to benefit builders and users
    Blockchain

    zkSync Protocol Upgrade V24 to benefit builders and users

    News RoomBy News RoomMay 10, 2024No Comments2 Mins Read

    zkSync Era is undergoing an upgrade and has some great news for users and builders. Following its most recent upgrade (VM version 1.4.2, Protocol version 22), which introduced EIP-4844 support and significantly decreased our fees by a factor of 10, now is the opportune moment to introduce some novel functionalities and enhancements to Protocol v24.

    The company encountered certain difficulties with v23 in its internal environments before deciding to standardize the enhancements

    A few of the enhancements to the new version will include the addition of EVM curve operations precompiles, the zkSync Bridgehub, and a new precompile for P256Verify. Furthermore, certain operations have adopted revised pricing structures.

    Establishing trust and interoperability requires compliance with specific ZK Stack chain quality requirements. To manage proof authentication across all chains, a standard set of Layer 1 smart contracts is required. A fair scaling to proof mechanism implementation is required of all chains.

    Shared bridges are an important part of bringing about unified liquidity in the ecosystem. A single bridge contract on Layer 1 will connect every L1 asset (ETH and ERC20s). These bridges facilitate user operations, such as withdrawals and deposits, across all ZK Stacks. There is also the positioning of their equivalents on the ZK Stack Chain.

    The zkSync Bridgehub serves as the primary component that facilitates communication between bridges and all ZK Stack chains contracts through a centralized point; it enables L1 assets, including L3s and validiums, to be secured in the same contract across all chains. Furthermore, all chains register at this connection point to interact with the mailboxes of other chains, request L1>L2 transactions, and register to enter the ecosystem.

    State Transition Manager (STM) contracts are intended to authenticate proofs associated with all chains. Additionally, it is accountable for implementing a DiamondProxy for every chain, which serves as the principal constituent and final representation of a chain on L1.

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Nillion Network and Cloudician Launch Privacy-First Petnet Node

    June 13, 2025

    Andreessen Horowitz champions blockchain integration for AI ownership and innovation

    June 13, 2025

    Binance’s BSC steals top spot of dApp transaction volume from Ethereum

    June 12, 2025

    Spheron Network Joins Forces with Chainbase to Bridge AI with Blockchain Technology

    June 12, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Shopify Launches USDC Payments With Coinbase

    June 13, 2025

    US Treasury Secretary: Stablecoin Market Could Greatly Exceed $2 Trillion

    June 13, 2025

    $190,000 Bitcoin Within the ‘Realm of Possibility,’ According to Analyst Kevin Svenson – Here’s His Outlook

    June 13, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.