OpenZeppelin Audits, Matter Labs Fixes Security Problems With zkSync Layer 2

Key Points:

• The findings of the most recent security audits performed by OpenZeppelin, a provider of smart-contract security solutions, on zkSync, a zero-knowledge, proof-based scaling solution created by Matter Labs, have been made public.
• The most recent audit, which was completed in December, concentrated on three additional Layer 2 system smart contracts with accompanying interfaces and one library, as well as the “bootloader” system from zkSync.

The findings of the most recent security audits performed by OpenZeppelin, a provider of smart-contract security solutions, on zkSync, a zero-knowledge, proof-based scaling solution created by Matter Labs, have been made public.

Numerous problems were apparently found during the audits, most of which have now been resolved.

Matter Labs team has rectified 40 of the 45 concerns discovered during the company’s two previous audits, including two critical and two medium-severity issues.

The most recent audit, which was completed in December, concentrated on three additional Layer 2 system smart contracts with accompanying interfaces and one library, as well as the “bootloader” system from zkSync.

ZK-rollup scaling that provides compatibility

An option for ZK-rollup scaling that provides compatibility with the Ethereum blockchain is called ZkSync. Without sacrificing Ethereum’s security, it seeks to give developers the option to move their apps from the Ethereum mainnet to zkSync Layer 2 with little gas cost and quick transaction times. On October 28, zkSync 2.0’s alpha release was made available as the first stage in a three-step procedure to make the Layer 2 network accessible to the general public.

In light of the productive collaboration, OpenZeppelin and Matter Labs have decided to keep working together in the long run to further improve the security of zkSync. The team said that the network security of zkSync now has an additional layer of reliability thanks to the security audits.

According to Anton Astafiev, head of security at Matter Labs, “Our collaboration with OpenZeppelin continues to produce such fantastic results, and we are delighted to broaden this alliance in order to further make zkSync as secure and dependable as possible for our users and ecosystem projects.”

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