zkSync Era has achieved impressive milestones in its first year of operation. One of its notable accomplishments is the implementation of the Boojum Proof System, which has helped reduce the hardware requirements for validators. This is crucial for Layer-2 scaling solutions like zkSync Era, as they aim to improve transaction throughput on Ethereum.
During the 2023 Inscription Event, zkSync Era achieved a Transaction Per Second (TPS) rate of over 188, marking a significant performance milestone. The platform also hosted the Code4rena audit competition, offering a prize pool of nearly $1.1 million.
According to L2Beat, zkSync Era is currently ranked third in L2 performance, with an average TPS of 16.23, showing a week-on-week increase of 16.94%. In the past seven days alone, the platform has processed an impressive 37.77 million transactions.
The recent Ethereum Dencun Upgrade has further enhanced the user-friendliness of zkSync Era, with transaction prices falling to as low as one penny. Looking ahead, the platform’s next major goal is to focus on developing the Zero Knowledge (ZK) component of its vision. Overall, zkSync Era has made significant strides in its first year and continues to deliver innovative solutions for Ethereum’s scaling challenges.