ZKSync時代（ZK）：深入探討以太坊的第2層擴容解決方案

ZKSync Era 是一種 Layer-2 擴展解決方案，它使用 ZK-rollups 來簡化以太坊。它將多個交易集中到一個批次中，在不損害隱私或安全的情況下驗證它們。

ZKSync Era (ZK) is a Layer-2 scaling solution that uses ZK-rollups to streamline Ethereum. It lumps multiple transactions into a single batch, verifying them without compromising privacy or security. This approach significantly enhances transaction throughput on Ethereum, making it faster and cheaper to use.

ZKSync Era (ZK) 是一種 Layer-2 擴展解決方案，它使用 ZK-rollups 來簡化以太坊。它將多個交易集中到一個批次中，在不損害隱私或安全的情況下驗證它們。這種方法顯著提高了以太坊上的交易吞吐量，使其使用起來更快、更便宜。

Key advantages for investors to consider:

投資者需要考慮的主要優勢：

For investors, ZKSync Era is a potentially disruptive force in the Layer 2 market. As the Ethereum ecosystem continues to grow, solutions like ZKSync Era could play a crucial role in accommodating increased demand while maintaining low fees and high security.

對投資者來說，ZKSync Era 是 Layer 2 市場的潛在顛覆力量。隨著以太坊生態系統的不斷發展，像 ZKSync Era 這樣的解決方案可以在滿足不斷增長的需求同時保持低費用和高安全性方面發揮至關重要的作用。

ZK Key Fundamentals

ZK 關鍵基礎知識

Daily active users: ZKSync Era has approximately 265.44k daily active users, 1.34 million weekly active users, and 3.4 million monthly active users. However, user growth has stumbled since March 2024. The likely reason is that many zkSync users were airdrop farmers who were simply using the network to acquire ZK tokens during the June 2024 airdrop. We will have to wait to see if user growth resumes in the wake of the airdrop.

日活躍用戶：ZKSync Era 日活躍用戶約 26.544 萬，週活躍用戶為 134 萬，每月活躍用戶為 340 萬。然而，自 2024 年 3 月以來，用戶成長緩慢。我們將不得不等待，看看空投後用戶是否會恢復成長。

Fees and Revenues: ZKSync Era generates revenue by charging off-chain and on-chain fees. Off-chain fees are fixed at approximately $0.01 per transaction and cover the cost of storage state and generating a proof. On-chain fees, or gas fees, are charged to a sender when they complete a transaction. Earnings from these fees are then used to reward block producers who validate transactions on the network.

費用和收入：ZKSync Era 透過收取鏈下和鏈上費用來產生收入。鏈下費用固定為每筆交易約 0.01 美元，涵蓋儲存狀態和產生證明的成本。鏈上費用或汽油費是在發送者完成交易時向其收取的。這些費用的收入隨後用於獎勵在網路上驗證交易的區塊生產者。

As you can see from the chart above, ZKSync Era’s was making steady gains in early 2024, however the March Dencun upgrade by Ethereum seriously eroded fee revenue. This is inline with what’s been seen across all the Layer-2 solutions, where fee revenues have dropped by 50% to 98% post-Dencun.

從上圖可以看出，ZKSync Era 在 2024 年初穩步成長，但以太坊 3 月的 Dencun 升級嚴重侵蝕了費用收入。這與所有 Layer-2 解決方案的情況一致，在 Dencun 之後，費用收入下降了 50% 到 98%。

Transactions on-chain: As of March 2024, ZKSync Era can process 1 million transactions in 24 hours. As of June 2024, over 409 million transactions have taken place on the network. One benefit seen from the Ethereum Dencun upgrade is in the number of bridge deposits, which allow users to move crypto assets to different blockchains. As you can see in the chart below, these bridge deposits have increased post-Dencun, indicating that users prefer zkSync over other solutions.

交易上鍊：截至2024年3月，ZKSync Era可以在24小時內處理100萬筆交易。截至 2024 年 6 月，網路上已發生超過 4.09 億筆交易。以太坊 Dencun 升級的一大好處是橋存款的數量，它允許用戶將加密資產轉移到不同的區塊鏈。如下圖所示，這些橋押金在 Dencun 後有所增加，顯示使用者更喜歡 zkSync 而非其他解決方案。

The Team

團隊

Matter Labs, the development firm behind ZKSync Era, consists of highly skilled and experienced engineers, researchers, and technical experts. Alex Gluchowski, the company’s co-founder and CEO, holds a Master of Science in computer science from the Berlin Institute of Technology. Before co-founding Matter Labs, he served as the chief technology officer at ExpoGlobus. He also co-founded two other companies and served as the director of R&D at Entropy Labs, a software engineering firm specializing in financial technologies and networking applications.

Matter Labs 是 ZKSync Era 背後的開發公司，由技術精湛、經驗豐富的工程師、研究人員和技術專家組成。該公司的聯合創始人兼執行長 Alex Gluchowski 擁有柏林理工學院電腦科學碩士學位。在共同創立 Matter Labs 之前，他曾擔任 ExpoGlobus 的技術長。他還共同創立了另外兩家公司，並擔任 Entropy Labs（專門從事金融科技和網路應用程式的軟體工程公司）的研發總監。

Matter Lab’s chief product officer, Steve Newcomb, co-founded Loudfire, the company responsible for building the technology that enabled the first email to be sent from a mobile phone. Recently, the company welcomed Nana Murugesan to the team as company president. Murugesan previously served as VP of Business Development and International at Coinbase.

Matter Lab 的首席產品長 Steve Newcomb 是 Loudfire 的共同創辦人，該公司負責開發能夠透過手機發送第一封電子郵件的技術。最近，該公司迎來了 Nana Murugesan 加入團隊，擔任公司總裁。 Murugesan 先前曾擔任 Coinbase 業務開發和國際副總裁。

With this level of experience in the industry, it seems likely that the team will be capable of delivering on their vision.

憑藉如此豐富的行業經驗，該團隊似乎有能力實現他們的願景。

Financials

金融

Launched in June 2024, ZK is the native token used for governance in the ZKsync Era network. The token can be used to pay network fees within the ZKSync ecosystem, introduce governance protocols for networks, and cast votes regarding protocol updates.

ZK 於 2024 年 6 月推出，是用於 ZKsync Era 網路治理的原生代幣。該代幣可用於支付 ZKSync 生態系統內的網路費用、引入網路治理協議以及對協議更新進行投票。

There are 21 billion ZK tokens in supply, 17.5% of which were distributed to wallets via an airdrop on June 17, 2024. 19.9% of the supply was given to the ZKSync Foundation for ecosystem initiatives, and another 29.3% was given to governance (i.e., Total Assembly). The remaining 33.3% was split amongst team members and investors, with 16.1% going to the team and 17.2% going to investors.

ZK 代幣的供應量為 210 億個，其中 17.5% 透過 2024 年 6 月 17 日的空投分發到錢包。總裝配）。剩下的 33.3% 分配給團隊成員和投資者，其中 16.1% 歸團隊，17.2% 歸投資者。

As you can see in the chart above, ZK price has dropped significantly since the initial launch. This is likely due to heavy selling from those who were only looking to profit from the ZK airdrop.

從上圖可以看出，ZK 價格自首次推出以來已大幅下跌。這可能是由於那些只想從 ZK 空投中獲利的人大量拋售所致。

Platform upgrades, including the recently launched ZKSync 3.0 and its “Elastic Chain” concept (which somewhat resembles rival Polygon's AggLayer), will likely influence the token’s price. Additionally, the growth of the ZK ecosystem, market adoption of Layer-2 solutions, regulatory developments, and overall cryptocurrency market trends will likely play a crucial role in ZK’s price trajectory.

平台升級，包括最近推出的 ZKSync 3.0 及其「彈性鏈」概念（有點類似於競爭對手 Polygon 的 AggLayer），可能會影響代幣的價格。此外，ZK 生態系統的發展、Layer-2 解決方案的市場採用、監管發展以及整體加密貨幣市場趨勢可能會在 ZK 的價格軌跡中發揮至關重要的作用。