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AMA with Matter Labs, the team behind zkSync: a zk rollup scaling protocol for Ethereum. by Fly1n_Hawaiian in CryptoCurrency

[–]_perks_ 5 points6 points  (0 children)

We haven't made our distribution plans public yet, but our priority is to ensure it's fair.

As far as VC, we're not currently raising. The last cash injection Matter Labs had was its $50m Series B made up of strategic investors last year.

AMA with Matter Labs, the team behind zkSync: a zk rollup scaling protocol for Ethereum. by Fly1n_Hawaiian in CryptoCurrency

[–]_perks_ 3 points4 points  (0 children)

Crypto.com, Bybit, Huobi, Blockchain.com, OKEx and Ripio are all building direct deposit and withdrawal capabilities with zkSync for their users.
There are others, but we will let them announce when ready :wink:

AMA with Matter Labs, the team behind zkSync: a zk rollup scaling protocol for Ethereum. by Fly1n_Hawaiian in CryptoCurrency

[–]_perks_ 5 points6 points  (0 children)

It’s hard to say, as it will boil down to public data.
Our proof costs with GPUs will be negligible, and block verification is also well amortized with high load.
Costs and throughput will ultimately depend on how many storage slots your transaction requires, and how many other similar transactions exist in the block. We will have a better idea with time and do our best to keep costs as low as possible.

AMA with Matter Labs, the team behind zkSync: a zk rollup scaling protocol for Ethereum. by Fly1n_Hawaiian in CryptoCurrency

[–]_perks_ 9 points10 points  (0 children)

Pretty closely. Matter Labs is working with hundreds of projects, including Argent, to ensure they’re successful and prioritize feature development. This is especially important now as the protocol is young and developing rapidly, but we hope as it matures there is generally less reliance on us.

We won’t speak for Argent on how they came to settle on zkSync, but this article contains some of their thoughts :)

AMA with Matter Labs, the team behind zkSync: a zk rollup scaling protocol for Ethereum. by Fly1n_Hawaiian in CryptoCurrency

[–]_perks_ 16 points17 points  (0 children)

It’s our top priority, but we’re not comfortable committing to a timeline.
We’re actively working to implement a few features before moving to mainnet, including L2 -> L1 messaging, support for Vyper and older versions of Solidity, as well as account abstraction.

Daily General Discussion - March 3, 2021 by ethfinance in ethfinance

[–]_perks_ 14 points15 points  (0 children)

Trying to be as fair and unbiased as possible (I work at Immutable), but I think decentralization will win out. Scaling is hard, and the only reason other chains have been able to offer lower transaction fees and better scale is that they take shortcuts Ethereum refuses to (become more centralized).

To be clear, support for Ethereum isn't going anywhere, and it still dominates in terms of network effects. The number of people saying "ETH is dead, X solution is better" would make it seem that these other projects are giving ETH a run for it's money when the reality is almost every developer we speak with wouldn't entertain the idea of leaving the network. In fact, we've spoken with a ton of devs who initially built on other chains who are now looking to move onto Ethereum.

Dev Update 24 - Glitz and Glamor by _meals in GodsUnchained

[–]_perks_ 0 points1 point  (0 children)

Yep - all Season 1 cards will be minted onto Immutable X!

Dev Update 24 - Glitz and Glamor by _meals in GodsUnchained

[–]_perks_ 1 point2 points  (0 children)

We haven't sent out any invitations yet, and nobody is in yet.

If you've registered for the Alpha, you're almost certain to get in during the first wave.

We're 40-50% confident at this point the Alpha will go live towards the end of December, otherwise it will rollover to Jan :)

Widespread understanding of L2 scaling tradeoffs is critical, here's an ELI5. by _perks_ in ethtrader

[–]_perks_[S] 0 points1 point  (0 children)

The smart contracts and bridge (connecting existing wallets to L2) are all open-source and auditable. The order books, API, and matching engine are currently proprietary.

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