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The first ZK-rollup of Ethereum (ETH), ZKsync Lite, will be retired in 2026.

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Cointelegraph中文
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3 months ago
AI summarizes in 5 seconds.

ZKsync Lite is the first zero-knowledge (ZK) Rollup network launched on Ethereum. Its team stated that it will be deprecated next year as it has completed its mission.

“By 2026, we plan to deprecate ZKsync Lite (also known as ZKsync 1.0), which is our original ZK-rollup launched on Ethereum,” ZKsync wrote on X on Sunday. “This is a planned, orderly exit for a system that has completed its mission and does not affect any other ZKsync systems.”

It added that ZKsync Lite “is a groundbreaking proof of concept that validated the key ideas for building production-grade ZK systems.”

The tech company Matter Labs launched ZKsync Lite in 2020, designing it for fast transfers and minting non-fungible tokens (NFTs). However, it does not support smart contracts, which limits its use cases.

The network was the first to use validity proofs, allowing transactions to be instantly proven valid before they are packaged and sent to the Ethereum mainnet for final verification.

After launching its zero-knowledge Ethereum Virtual Machine (zkEVM) — ZKsync Era — Matter Labs stopped development on ZKsync Lite in early 2023.

ZKsync stated that ZKsync Lite users do not need to take immediate action, and the network continues to operate as usual. “Funds remain secure, and withdrawals to L1 will continue to operate normally throughout the process,” it added.

Its other products are also unaffected. The team stated that they will soon share “specific details, timelines, and migration guidance” regarding ZKsync Lite.

According to DefiLlama, the current funds bridged to the network are slightly below $50 million, but L2BEAT data shows that the network recorded just over 330 user operations in the past day.

In contrast, according to DefiLlama, ZKsync Era has a total locked value of $36.4 million in decentralized finance; L2BEAT shows that it had over 22,000 user operations in the past day.

The ZKsync blockchain may undergo further changes. Last month, co-founder Alex Gluchowski proposed reshaping its ZKsync governance token to prioritize “economic utility,” linking the token to network fees.

Related: Vitalik Buterin proposed introducing gas futures on Ethereum (ETH) to hedge against the risks of soaring transaction fees.

Original article: “Ethereum's first ZK-rollup, ZKsync Lite, will be retired in 2026”

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