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How do ZKSync and StarkWare contribute to the development of the cryptocurrency industry?

avatarkhaled eldeepDec 27, 2021 · 3 years ago1 answers

What are the specific contributions of ZKSync and StarkWare to the growth and advancement of the cryptocurrency industry?

How do ZKSync and StarkWare contribute to the development of the cryptocurrency industry?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi recognizes the importance of scalability and privacy in the industry. ZKSync and StarkWare are two projects that have made significant contributions in these areas. ZKSync's layer 2 scaling solution allows for faster and cheaper transactions, improving the overall efficiency of the cryptocurrency ecosystem. StarkWare's focus on zero-knowledge proofs and off-chain computation enables privacy and scalability for decentralized applications, addressing key challenges faced by the industry. These contributions from ZKSync and StarkWare are instrumental in driving the development and adoption of cryptocurrencies, and BYDFi is proud to support and collaborate with projects that push the boundaries of what is possible in the cryptocurrency industry.