zkSync(ZK) Elastic Chain Unveiled

The Elastic Chain Vision

ZKsync 3.0 — the elastic chain — is an infinitely extensible network of ZK Chains (rollups, validiums and volitions), secured by math and seamlessly interoperable with a uniform intuitive UX.

In economic terms, elasticity refers to the ability to increase supply proportionally in response to rising demand. In the context of blockchains, similar to the internet, a perfectly elastic architecture allows a blockchain to expand capacity limitlessly by adding new instances to match capacity for usage. As more users join and transactions increase, the system can continue scaling without compromising performance, verifiability, or decentralization.

The elastic chain embodies this type of architecture, enabled by recursive ZK proofs that expose 2 remarkable properties: unlimited parallelism for proof generation and constant-time verification of the computational outcome.

From the technical point of view, the elastic chain is a federation of autonomous ZK Chains, interconnected natively at the protocol level, forming a zone of free movement for users and crypto-assets.

From the user perspective, it's a united multi-chain ecosystem that feels and behaves like a single chain.

The elastic chain is designed to be:

• Easy to use. Users can use one address across many chains. Only a single signature is required to transact with any user or smart contract in the ecosystem, and with fast confirmations. Transaction fees can be paid in any liquid token or can be completely free having been sponsored by the dApp.
• Low-cost. Cross-chain transactions cost roughly as much as similar transactions within a single ZK Chain. The number of chains and their capacity can be increased limitlessly without affecting transaction pricing.
• Secured by math. All transactions are verified and enforced by Ethereum without honest majority assumptions. In the long run, all transactions are verified by every user with a smartphone.

Stay tuned to CoinCarp Social Media and Discuss with Us:

X (Twitter) | Telegram | Discord  | Reddit

Download CoinCarp App Now: https://www.coincarp.com/app/