Matter Labs releases first phase of zkSync 2.0 mainnet called ‘baby alpha’

Matter Labs has launched the Ethereum scaling solution zkSync on mainnet in what it’s calling a “baby alpha” phase, meaning access will initially be very restricted. With the release of zkSync 2.0, the network — going beyond the testnet currently in use — has attained the ability to host smart contracts.

“zkSync 2.0 launch is going to be the first zkEVM to go into production, which would likely kick start the race for the most optimal zkEVM. As zkEVM matures, it would be able to onboard a significant portion of the Ethereum community and provide the much needed scaling for Ethereum,” said Arnold Toh, a research analyst at The Block. This is a much-anticipated launch because the scaling solution uses zero-knowledge technology.

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