Who is behind zkSync?

ZKSync is founded by Matter Labs, a German-based company working on scaling Ethereum. It began working on the zkSync solution in December 2019 and released its zkSync v1.0 in June 2020. This first iteration was able to scale to 300 transactions per second.

The development of zkSync 2.0 saw the release of the alpha version of zkEVM, which enabled the compatibility of Ethereum Virtual Machine (EVM) in the rollup environment. Furthermore, with the development of zkPorter, a sharding solution, zkSync is working on increasing throughput from 3,000 tps (in its 1.1 version) to 20,000 tps.