zkSync / Matter Labs

A scaling and privacy engine for Ethereum

Details

zkSync is a Layer-2 scaling solution that preserves the security properties of the underlying blockchain by leveraging the latest generation of succinct zero-knowledge proofs. All funds in zkSync are held in a smart contract on the mainchain, while computation and storage are performed off-chain. For each Rollup block, a state transition zero-knowledge proof (SNARK) is generated and verified by the mainchain contract. This SNARK includes the proof of the validity of every transaction in the Rollup block.

Significant Events

2022-11-16

zkSync / Matter Labs raised $ 200 M in Series C round

2021-11-08

zkSync / Matter Labs raised $ 50 M in Series B round

2021-03-01

zkSync / Matter Labs raised $ 6 M in Series A round

2019-09-29

zkSync / Matter Labs raised $ 2 M in Seed round

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