News

zkSync v24 Update Audit Concluded, Mainnet Deployment Set for June 6!

Key Points:

  • zkSync’s v24 update, following a successful audit, promises improved security protocols and smart contract functionality for Ethereum-based DApps.
  • Exciting news for users as zkSync announces the deployment of v24 on June 6, marking a significant step towards enhancing scalability in the Ethereum network.
  • While the update rolls out, users should note a temporary 24-hour suspension of withdrawal and deposit functions on the zkSync native bridge, although third-party bridges remain accessible for seamless transactions.
zkSync v24 has reached a pivotal milestone with the completion of the audit for its highly anticipated v24 update.

The official Twitter account of zkSync Developers announced the successful conclusion of the audit, marking a significant step forward in enhancing the platform’s capabilities.

The zkSync v24 update introduces several improvements aimed at enhancing the user experience and optimizing performance. Notably, it includes enhancements to security protocols and smart contract functionality, ensuring a robust and reliable infrastructure for decentralized applications (DApps) built on zkSync.

Read more: Bitcoin Spot ETF vs Futures ETF: Differences To Make The Right Investment Choice

zkSync’s Highly Anticipated Mainnet Deployment

The announcement is the confirmation of the mainnet deployment scheduled for June 6. This eagerly awaited event signals the transition of zkSync v24 from testing to production, bringing its advanced features and benefits to users worldwide.

zkSync v24 users are advised of a temporary disruption in withdrawal and deposit functions of the zkSync native bridge. These functions will be disabled for a 24-hour period following the mainnet deployment. Despite this temporary limitation, users can still leverage third-party bridges to facilitate their transactions seamlessly.

The decision to disable withdrawal and deposit functions temporarily aligns with zkSync’s commitment to ensuring the security and stability of its platform during the transition period. By implementing this precautionary measure, zkSync aims to mitigate any potential risks and ensure a smooth and uninterrupted user experience.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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