Matter Labs has recently launched a new ecosystem portal for zkSync, which will be managed by DappRadar, as part of their efforts to fully decentralize the protocol.
zkSync is a layer-2 blockchain designed for Ethereum payments and was created by Matter Labs to scale the Ethereum blockchain ecosystem. It currently has over 200 projects and has facilitated more than 8.8 million testnet transactions.
Meet zkSync’s new ecosystem portal
Starting today, you can explore the universe of dapps on zkSync with the new ecosystem portal managed by @DappRadar, which features dapps’ key metrics, rankings, and more.
Learn more: https://t.co/zlA0AvVU5a
TL;DR
➡️ Another step toward…
— zkSync ∎ (@zksync) September 13, 2023
As reported by Cointelegraph in April, zkSync’s launch garnered attention as it bridged $115 million worth of funds in its first 10 days on the public mainnet.
The collaboration with DappRadar is part of Matter Labs’ ongoing plan to decentralize zkSync, as stated in a press release:
“Since the very beginning, the ultimate vision for Matter Labs has been to incubate, launch, and ultimately decentralize the zkSync protocol and ZK Stack. In another move toward this vision, Matter Labs is stepping back from managing zkSync’s rapidly growing ecosystem.”
The press release further explains that “decentralization comes from gradually subtracting Matter Labs from the building of the tech and stewardship of the ecosystem.”
These changes align with the principles outlined in the zkSync credo, a document that defines the zkSync community’s ideals, including “trustlessness” and “sovereignty.”
The ZK Credo addresses (1) principles and (2) community ethos.
(1) The foundational principles that are critical for decentralized networks:
– Trustlessness- Security- Reliability- Censorship-Resistance- Privacy- Accessibility- Hyperscalability- Sovereignty
(2) The…
— zkSync ∎ (@zksync) June 23, 2023
DappRadar’s platform will enhance the visibility of decentralized applications listed on the zkSync ecosystem portal, potentially leading to increased user engagement and greater media coverage from major outlets.
Related: Bitcoin Ordinals NFT trading volume tanks 98% since May — DappRadar
Matter Labs plans to further decentralize the zkSync protocol by relinquishing control over its technology, community governance, and other critical aspects of the network.
