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Alex Gluchowski: zkSync – The First EVM-Compatible zkRollup Protocol

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Sinopsis

zkSync is a trustless protocol for scalable low-cost transactions on Ethereum. It's also the only zkRollup protocol which supports EVM smart contracts.Alex Gluchowski is co-founder of Matter Labs, and co-creator of zkSync. We spoke with Alex in depth about how the protocol works and the potential for a highly scalable transaction and application layer on Ethereum.Topics covered in this episode:Alex's background and how he got into the crypto spaceAn overview of existing Ethereum scaling solutionsDifference between Optimistic Rollup and zkRollupTransferring funds to the zkSync Layer 2 and gas fees involvedHow the zkSync transaction sequencer worksWithdrawing funds to Layer 1 and timescales involvedHow the procol deals with reorgsHow block formation works on zkSyncThe function of the zkSync tokenEpisode links:zkSyncFor DeveloperszkSync on TwitterAlex on TwitterSponsors:Solana: Solana is the high performance blockchain supporting over 50k transactions per second to power the next generation of decentralized appl