ZK
ZK Rank #265
Layer 2Ethereum Ecosystem
₹0.8100
▼ 4.71%
24h
Market Cap
₹8,086,870,124
24h Volume
₹11,441
All-Time High
₹30.68
All-Time Low
₹0.915558
Circ. Supply
9,983,790,276
of 21,000,000,000 max
Fully Diluted
₹17,010,000,000
Price Chart
24h Price Range
INR
₹0.81
₹0.86
Overview
About ZK
ZKsync is an Ethereum layer-2 network that uses advanced cryptographic proofs to process transactions more cheaply while keeping Ethereum-level security. Its token, ZK, is used for governance and fees.
zkSync was developed by Matter Labs, founded by Alex Gluchowski, launching its mainnet in 2023 after years of research into zero-knowledge proof technology. The team built zkSync as one of the earliest general-purpose zero-knowledge rollups compatible with Ethereum smart contracts.
zkSync executes transactions off Ethereum's main chain and generates cryptographic zero-knowledge proofs confirming their correctness, which are then verified on Ethereum. This gives it strong security guarantees inherited directly from mathematical proofs rather than a challenge period, unlike optimistic rollups which assume validity unless disputed.
ZK is intended to govern the zkSync protocol and its ecosystem as decentralization progresses, and pays for transactions on the network. Matter Labs has also promoted the idea of the ZK Stack, an open framework letting other projects launch their own zero-knowledge-powered chains connected to zkSync's ecosystem.
Key Facts
Market Rank#265
Max Supply21,000,000,000
Circulating9,983,790,276 ZK
SymbolZK
