CoinW, the ground-breaking cryptocurrency trading platform, is set to introduce ZK, an Ethereum Layer-2 solution based on zero-knowledge proofs, on the Layer 2 Zone. Starting from 17th June 2024 at 9:00 (UTC), CoinW users will have access to trading ZK/USDT. Additionally, CoinW will list ZK x3 ETF and introduce trading pairs for ZK3L/USDT & ZK3S/USDT. In celebration of the ZK listing, we are launching the “Join the ZK bounty program: Register & Trade & Retweet” event with a prize pool of 5,000 USDT.
Embark on the zkSync Era: The Future of Scalable and Instant Transactions
zkSync Era serves as a Layer 2 scaling solution for Ethereum, utilizing zero-knowledge (ZK) rollup technology to enhance Ethereum’s transaction capacity while upholding security and decentralization. This innovative protocol processes multiple transactions off-chain, creating a single zero-knowledge proof (ZKP) submitted to the Ethereum mainnet for verification. By reducing the computational burden on the mainnet and ensuring data integrity in decentralized networks, this approach revolutionizes transaction processing.
Key Features and Benefits
Zero-Knowledge Rollup Technology: Leveraging ZK rollup technology, ZKSync Era bundles multiple transactions into a single proof, enhancing Ethereum’s transaction efficiency.
EVM Compatibility: ZKSync Era seamlessly integrates with EVM, enabling smart contracts to function without significant modifications. This compatibility simplifies the migration process for Ethereum developers to adopt ZKSync Era.
Native Account Abstraction: ZKSync Era’s native account abstraction offers enhanced user experiences, including programmable authorizations for more secure wallet designs.
L1 → L2 Smart Contract Messaging: Facilitating communication between smart contracts on the Ethereum mainnet and ZKSync Era Layer 2, ZKSync Era enables efficient interactions and data transfer.
Security and Decentralization: Inheriting Ethereum’s security guarantees, ZKSync Era ensures on-chain transaction verification without reliance on third parties.
Low Transaction Fees: ZKSync Era boasts minimal transaction fees, making it an appealing choice for cost-effective transactions.
Developer Experience: ZKSync Era provides a developer-friendly experience with support for Solidity and Vyper, custom compilers, and compatibility with existing frameworks and tools.
Limited-Time Offer of 5,000 USDT for CoinW Community
To commemorate the listing, a prize pool equivalent to 5,000 USDT in ZK will be available from June 11th, 2024, at 10:00 to June 18th, 2024, at 16:00 (UTC). By participating in registration, trading, and community events, CoinW users stand a chance to win a share of the $5,000 USDT prize pool. To claim your rewards, please visit the provided link.
About CoinW
CoinW stands out as a leading crypto trading platform prioritizing security, transparency, and user-centric values. With cutting-edge technology, deep liquidity, and a diverse range of supported cryptocurrencies, CoinW has garnered a wide user base to become a top-tier crypto exchange globally. Committed to upholding the highest regulatory standards and advancing the crypto industry, the CoinW exchange maintains a strong focus on security, transparency, and compliance. For more information on CoinW, visit the official website and follow CoinW’s Twitter Account, Btok, and Telegram Group.
About ZK (zkSync Era)
zkSync Era represents a Layer 2 scaling solution maintaining the security of the underlying blockchain by utilizing advanced zero-knowledge proofs. All funds within zkSync are secured by smart contracts on the main chain, while off-chain computation and storage take place for enhanced efficiency.
