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Binance integrates Ethereum on the zkSync Era network

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by COINS NEWS 87 Views

HUGE NEWS! Specially for farmers who ???????????? anticipating an airdrop?

This now gives the biggest CEX access for Deposits and withdrawals for #ETH tokens on the zkSync Era network!

Now this may not be the coin pumping news to come out for September but it's a good Alpha for what's to come in the L2 that's been building too much hyped for the past months

To give a bit of an overview Arbitrum has a higher TVL, number of active users, and weekly transactions than zksync (right now). Though zkSync has lower average gas fees (gas refunds) and faster finality time.

Arbitrum uses optimistic rollups, which are more scalable than zero-knowledge rollups, but they also have a higher risk of fraud. zkSync uses zero-knowledge rollups, which are more secure, but they are also less scalable.

Both are amazing networks but zkSync is getting traction like crazy.

Time to ramp up on the transactions, dapps usage and bridging in zksync!

Link to the news - https://www.binance.com/en/support/announcement/binance-completes-integration-of-ethereum-eth-on-zksync-era-network-opens-deposits-and-withdrawals-ee1c87b20f2248618446bf21d72556ed

EDIT: I put in a "?" On the main header guys because there is no confirmed airdrop yet, I don't want anyone going in thinking it's there already, no not yet, it's highly speculated and perhaps a huge drop if ever. But no criterias yet, but these news are bullish, and even before this the farmers have been non-stop, Jesus just the l2 stats have Zksync topping Arb transactions.

submitted by /u/Omnomnomnivor3
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