zkSync Delays Mainnet v24 Mainnet Update Until May 16, Why?

Bittime - On Monday (13/05),zkSyncwere supposed to launch the anticipated v24 major update. However, in an official announcement, they announced the postponement of the update until Thursday (16/05). This decision was taken with careful consideration to ensure the smoothness and security of the zkSync platform.

Key Features in zkSync Mainnet Update 

Source: https://twitter.com/zkSyncDevs/ 

The v24 zkSync major update will bring a number of significant changes. Here are some of the main features highlighted:

New P256Verify

In this update, zkSync introduces precompiled P256Verify. This feature will increase security and efficiency in transaction verification.

zkSync Bridgehub

These basic components open the door to interoperability between all ZK Stack chains. With zkSync Bridgehub, users can easily interact with various protocols and assets in the blockchain ecosystem .

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Developments on the ZK Stack Side

In addition to the major zkSync update, the development team has also completed some important work on the ZK Stack side:

1. Validium: This protocol enables secure and efficient off-chain transactions. With Validium, zkSync is even more ready to scale.
2. Custom DA Layer: Work on the custom data availability (DA) layer has been completed. This layer ensures transaction data can be accessed quickly and securely.
3. Custom Base Tokens: zkSync now supports custom base tokens, expanding users' flexibility in managing their assets.

Transparency and Positive Response zkSync v24 Update 

The decision to delay the v24 update received a positive response from the zkSync community. Users and developers appreciate the transparency of the development team in maintaining network security and stability. 

A member of the zkSync forum stated, “While this delay may be disappointing for some, it is better to wait so that the update can be implemented smoothly and with minimal risk.”

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Future Prospects and Analysis 

With this update, zkSync further solidifies its position as a reliable and efficient large-scale settlement protocol in the blockchain ecosystem. The fast, secure and cost-effective solutions offered by zkSync continue to gain recognition from users and developers worldwide.

Conclusion

Some of the key features highlighted in zkSync's v24 mainnet update are the new P256Verify and zkSync Bridgehub. P256Verify will increase security and efficiency in transaction verification, while zkSync Bridgehub opens the door to interoperability between all ZK Stack chains.

Additionally, the development team has also completed important work on the ZK Stack side, including Validium, a custom DA layer, and support for custom base tokens. All this aims to strengthen zkSync's position as a reliable and efficient large-scale settlement protocol in the blockchain ecosystem.

With the upcoming v24 update, zkSync continues to strive to provide a fast, secure, and cost-effective solution for blockchain transactions. Let's look forward to the great benefits that this update will bring to the blockchain ecosystem and its users.

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