ZKsync to Close Legacy Lite Network in 2026, Redirecting Users to Era and Elastic
The blockchain scaling project will wind down its original Lite network while maintaining withdrawals, encouraging migration to its newer Era and Elastic platforms.
ZK
Summary
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Terms & Concepts
ZKsync: A layer-2 scaling solution for Ethereum using zero-knowledge rollups to increase speed and reduce fees.
ZKsync Era: A newer version of ZKsync supporting smart contracts and enhanced scalability over the original Lite network.
Zero-Knowledge Rollups: A scaling solution bundling many transactions off-chain and verifying them on-chain using cryptographic proofs.