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Ethereum L2 Solution zkSync Unveils Game-Changing Mega Upgrade with New Features

17.07.2023
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Ethereum L2 Solution zkSync Unveils Game-Changing Mega Upgrade with New Features

  • zkSync, an Ethereum Layer 2 scaling solution, has unveiled its latest mega upgrade, Boojum.
  • Boojum upgrade brings several benefits to the table.
  • The upgrade process of Boojum is designed to have no adverse impact on the network.

Ethereum Layer 2 scaling solution zkSync has announced its latest mega upgrade, named Boojum, aimed at enhancing overall performance and efficiency. The upgrade introduces a STARK-powered proof system, enabling improved performance on consumer-grade hardware. Boojum includes the RUST-based cryptographic library, powering the upgraded ZK circuit version for zkSync Era and the ZK Stack.

Say hello to Boojum 👋: zkSync Era’s new high-performance proof system for radical decentralization. Boojum is an upgrade that will transition zkSync Era to a STARK-powered proof system, providing world-class performance on consumer-grade hardware.
💡 Learn more:… pic.twitter.com/1GrwJ5Y07A

— zkSync ∎ (@zksync) July 17, 2023

What are the benefits of zkSync’s new system

The upgrade offers several benefits, including significantly higher efficiency with orders of magnitude beyond the current 100 transactions per second (TPS) capability. It also reduces hardware requirements, contributing to decentralization goals. zkSync aims to enable user-powered, decentralized proof generation, and Boojum is a step forward in that direction, with the prover running on consumer-grade GPUs and requiring only 16 GB GPU RAM.

The upgrade process is designed not to have any negative impact on the network. Boojum is currently deployed on the mainnet, allowing the shadow-proofing of transactions for testing before full migration.

The pursuit of dominance in Ethereum Layer 2 scaling platforms involves various solutions undergoing upgrades. zkSync’s Boojum upgrade coincides with the introduction of the Polygon zkEVM protocol, as both solutions strive to solidify their positions as leading Layer 2 protocols.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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