Discover how Layerswap allows Coinbase and other top crypto-exchange users to seamlessly transmit money to zkSync Era, the Ethereum scaling Layer-2 protocol driven by ZK technology.
Users of Coinbase and other top crypto-exchanges will now be able to send money to zkSync Era, the Layer-2 protocol that scales Ethereum with cutting-edge ZK technology, using the new Layerswap solution.
Thanks to Layerswap, traders can access zkSync Era on Coinbase, Kraken, and KuCoin
Users will be able to quickly transfer money from a number of sources, including Coinbase, to zkSync Era thanks to Layerswap’s connection with the platform.
Along with Coinbase, other cryptocurrency exchanges on Layerswap’s list of supported platforms include KuCoin, Kraken, Binance.US, Huobi, Bittrex, and Bitfinex.
Therefore, users will be able to transfer tokens like ETH, USDC, and LRC without any hassle from 17 exchanges to 16 networks, from 9 networks to CEXs, and between chains with the help of Layerswap’s new seamless solution.
Additionally, Layerswap hopes to join the enormous growth being experienced by the Layer 2 protocol scaling Ethereum with cutting-edge ZK technology with the new integration with zkSync Era.
The relationship between Coinbase and the zkSync Era ecosystem
The Ethereum Foundation and other venture capitalists, including a16z, Dragonfly, Coinbase Ventures, Blockchain Capital, and others, have collectively invested $458 million in the zkSync Era project.
The highest network activity any Ethereum scaling solution has ever seen in such a short time has been witnessed by zkSync Era since its inception.
According to Messari, zkSync Era’s rise in terms of TVL (or Total Value Locked in DeFi) in Q1 2023 was more than even Polygon’s zkEVM.
With its quick, low-power transactions, zkSync’s innovative Layer 2 scaling solution can scale Ethereum without jeopardizing network security.
Additionally, zkSync belongs to the rollup category of blockchain technologies, which permits a group of off-chain transactions to be wrapped, verifying only one transaction conducted in the primary substrate.
The next zkSync Era airdrop
Recently, every piece of information on a potential zkSync Era airdrop was analyzed.
First, it is important to note that Matter Labs, the business that aimed to expand Ethereum through Zero-Knowledge proofs in order to uphold the principles of freedom and decentralization, is the creator of the zkSync technology.
There are now two versions of zkSync: 1.0’s zkSync Lite and 2.0’s zkSync Era, which, unlike the former, allows for the implementation of smart contracts.
Having said that, it is thought suitable for individuals who haven’t already done so to transfer some of their ETH onto the two blockchains in order to receive a future airdrop of zkSync Era. Transferring ETH to zkSync Lite and zkSync Era will be possible via MetaMask’s self-custodial crypto-wallet.
