About zkSync Era
Before addressing our approach to common launchpad issues, we would like to discuss our choice for the zkSync Era blockchain.
The ZkSync Era network provides a promising option for scaling Ethereum transactions quickly and affordably by utilizing off-chain computation. Although users of the Ethereum network have genuine possession of their assets and can trade them for actual money, the network struggles with exorbitant gas costs and sluggish transaction speeds.
To address this, zkSync Era has been developed to provide a user experience similar to Ethereum, but with lower fees and faster transactions. Smart contracts are coded in Solidity/Vyper, and can be accessed through the same clients as other EVM-compatible chains, just like on Ethereum. The security level for all transactions is the same as that provided by Ethereum because they are verified on the Ethereum mainchain.
Scalability is a challenging aspect of most protocols, as achieving scalability and decentralization is technically difficult. The zkSync network addresses this issue through its hyperscalability feature, which can process an unlimited number of transactions without a significant impact on security or cost. The launch of zkSync is considered the future of scalability on Ethereum, and many legacy users of the network are gradually recognizing the benefits of the scaling solution.
The solutions provided by zkSync are raising the bar for so-called Ethereum killers, who boast of higher scalability and plan to use this as a basis for dethroning Ethereum as the biggest smart contract hub. The ZkSync Era network is expected to continue growing, and the demand for ZkSync projects is expected to increase. Therefore, Syncera was designed to provide a secure, permissionless, and community-governed IDO ecosystem that can accommodate new investors entering the ZkSync ecosystem for the first time.
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