Matter Labs Launches Next Phase of Its zkEVM, Rebrands zkSync 2.0 to zkSync Era

Developers can now deploy their registered projects on zkSync Era, though the network remains closed for end users.

A boy holding a huge bulb
  • Matter Labs launched a new phase of its Ethereum zkEVM scaling solution.
  • zkSync Era is now completely open source.
  • Matter Labs also said it’s going to announce an updated roadmap soon.

Matter Labs, the development team behind Ethereum Layer-2 scaling solution zkSync, has launched the next phase of its zkEVM project, the company announced in a blog post on Friday.

The phase, dubbed Fair Onboard Alpha, now allows developers to deploy their registered dApps on the zkSync zkEVM platform. Matter Labs will also enable token bridging, run security audits, contests, and bug bounty programs, and improve developer tools.

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“We want to take a moment to thank our community for their unwavering support in helping us make it to this milestone. We’re proud and humbled that you’ve been with us every step of the journey.”

While zkSync’s zkEVM will remain closed during this stage, it’s now open source, allowing anyone to view, modify, and fork the code.

“We believe anything but full open source is a form of censorship, and that open sourcing the technology will help accelerate mass adoption of our ZK-rollup and establish zkSync Era’s zero-knowledge prover as the gold standard.”

However, Matter Labs recommended not to fork the network until the launch of the next phase.

Besides launching the new zkEVM phase and going open source, Matter Labs has also announced rebranding zkSync 2.0 to zkSync Era and sharing details about its updated roadmap.

Matter Labs said in a blog post that it’s rebranding zkSync 2.0 to zkSync Era, a name the company believes “represents a new phase in crypto adoption.”

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“As we look to the future and continue to build partnerships that onboard native and non-native users alike, we’ve chosen a name that represents a new phase in crypto adoption. A name that: is simple and universally understood has broad appeal and wide applicability speaks to our vision for a new era of Ethereum.”

The final zkSync Era phase – Full Launch Alpha – is set to launch sometime this year. Matter Labs also said it would release an updated roadmap with an overview of the next milestones soon.

On the Flipside

  • Both Matter Labs and Polygon have said that their zkEVM projects are the first to be deployed on Ethereum mainnet.
  • Matter Labs’ zkEVM remains to be closed for everyday users.

Why You Should Care

Matter Labs’ zkSync Era is one of the leading Ethereum scaling projects in the market. If the team manages to launch zkSync on mainnet and open it for the public in the coming months, this might be a monumental milestone for Ethereum adoption.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Arturas Skur

Arturas Skur is a cryptocurrency news reporter at DailyCoin who covers Web 3.0 domains, DeFi, and Ethereum Layer-2s. With over five years of experience in journalism and public relations, Arturas brings his critical thinking and analytical abilities to deliver insightful news stories. In his free time, he enjoys hiking, playing with his dog, and reading.