5. Juni 2023

Rocket Pool Now Live on Ethereum Layer-2 zkSync Era!

Von admin

• Rocket Pool has announced its deployment on zkSync Era to allow users to stake ETH on Ethereum Layer-2.
• This is the second-largest liquid staking protocol in the industry and it will enable users to use rETH in DeFi protocols.
• Optimism and Arbitrum are two leading Ethereum rollups that use fraud proofs to scale Ethereum.

Rocket Pool Deploys on zkSync Era

Rocket Pool, one of the oldest and most community-driven crypto projects in the Ethereum space, has just announced its deployment on zkSync Era – an Ethereum Layer-2 scaling solution that uses zero-knowledge proofs to increase throughput and lower transaction fees. This marks the first liquid staking project to deploy on zkSync Era, which went live on Ethereum mainnet in March.

What does this mean for users?

Users can now use rETH token for cheaper transactions on the network and deploy it on other decentralized finance (DeFi) platforms. Currently, 687,456 ETH is being staked with Rocket Pool, making it the second-largest Ethereum liquid staking protocol behind Lido. Additionally, this move allows established projects expand beyond Ethereum mainnet by moving their protocols onto newly launched but promising Layer-2 scaling projects.

zkSync Era: Centralized or Decentralized?

Despite launching only a few months ago, zkSync Era is still considered centralized due to its beta status. However, with major protocols expected to move onto rollups like Optimism and Arbitrum – both of which use fraud proofs to scale Ethereum – more decentralization could be seen soon.

Significance of This Move

Having established projects move onto new Layer-2 scaling solutions is a positive sign for the industry as it increases throughput while decreasing costs without compromising security for users. Ultimately, this move provides more options for developers looking to build decentralized applications (DApps).

Conclusion

The launch of Rocket Pool’s deployment on zkSync Era marks an important milestone in scaling within the cryptocurrency industry as it provides more options for developers and users alike while preserving security measures necessary for adoption and growth within the space.