What is the difference between zkSync and zkSwap? What are their respective functions?

Previously zkSync officially stated that the team has nothing to do with ZKSwap, and also stated that although ZKSwap is built based on zkSync's code base, it is not ZKrollup. Such a news statement has attracted the attention of many people. Many people will be curious that these two seemingly identical blockchain technologies are not related. So what is the difference between zkSync and zkSwap? According to the current data analysis, the difference between zkSync and zkSwap mainly lies in three aspects: project goals, application fields and technical implementation. Next, the editor will explain these two different concepts in detail.

What is the difference between zkSync and zkSwap?

zkSync and zkSwap are two different blockchain technology projects. They have some differences in design goals, applications and technical implementation. The following is a detailed analysis.

1. Project goals

zkSync is a Layer 2 expansion solution that uses zero-knowledge proof technology to achieve the scalability of Ethereum, reduce transaction costs, and increase throughput.

zkSwap is a Layer 2 expansion solution focusing on decentralized exchange applications. Its goal is to provide a low-cost, high-throughput, decentralized trading experience without sacrificing security.

2. Application areas

zkSync mainly focuses on smart contracts and decentralized finance (DeFi) applications on Ethereum. By moving transactions from the Ethereum main chain to zkSyncLayer2, transaction speeds can be increased and fees reduced.

zkSwap focuses on decentralized exchange applications, utilizing Layer 2 technology to provide high throughput and maintain control of user assets.

3. Technical implementation

zkSync uses zero-knowledge proof technology to achieve capacity expansion. zk-rollup aggregates a large number of transactions to Layer2, and then submits the aggregated data to the Ethereum main chain to ensure security.

zkSwap also uses zero-knowledge proof technology. The specific implementation may be different, but the goal is to conduct fast, low-cost decentralized transactions on Layer 2.

What are the uses of zkSync and zkSwap?

zkSync and zkSwap are both blockchain solutions based on zero-knowledge proof technology. Their use is mainly focused on improving the scalability of the Ethereum network and reducing transaction costs.

ZkSync is a mainstream expansion technology that implements innovative solutions for Ethereum expansion. Zk refers to zero knowledge, while rollups represent smart contracts. The role of smart contracts is to aggregate a large number of transactions from the main layer and merge them into one transaction.

Zero-knowledge proofs or zk-Proofs have active cryptographic security. For example, the zk-Rollup solution determines the integrity of transactions without disclosing supporting evidence.

ZKSwap is a brand new exchange protocol based on zkRollup technology. It transfers tokens on Ethereum to Layer2 through zk-rollup technology and guarantees the status of Layer1 and Layer2 based on continuously generated zero-knowledge proofs. Consistency allows all exchanges to occur on Layer 2, enabling real-time exchange with zero gas fees and unlimited scalability. ZKSwap allows users to get rid of the limitations of Ethereum TPS and block confirmation time, allowing DEX to have a silky experience like CEX (centralized exchange), and at the same time control the security of their funds in real time.

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