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Matter Labs and DappRadar Collaborate to Launch Decentralized Ecosystem Portal for zkSync

Algoine News
Summary:
Matter Labs and DappRadar collaborate to launch a new ecosystem portal for zkSync, a layer-two blockchain for Ethereum payments. The portal provides metrics and rankings for over 200 projects and has facilitated more than 8.8 million testnet transactions. This partnership marks a step towards decentralizing the protocol, with plans to relinquish control of the zkSync ecosystem and fully decentralize the technology and community governance. DappRadar's platform offers enhanced visibility and opportunities for press coverage.
Matter Labs unveiled a new ecosystem portal for zkSync, in collaboration with DappRadar, as they aim to further decentralize the protocol. zkSync, a layer-two blockchain for Ethereum payments, was developed by Matter Labs to address scalability issues. The protocol currently has over 200 projects and has facilitated more than 8.8 million testnet transactions. Users can now explore the world of dapps on zkSync through the ecosystem portal managed by DappRadar, which offers metrics and rankings. Since its launch in April, zkSync has bridged $115 million in funds within its first 10 days. Matter Labs' partnership with DappRadar is part of their ongoing plan to decentralize zkSync. The company aims to gradually step back from managing the protocol's growing ecosystem to achieve its ultimate vision. This move aligns with the zkSync credo, emphasizing ideals such as trustlessness and sovereignty. DappRadar's platform will enhance the visibility of dapps within the zkSync ecosystem, allowing for increased user engagement and potential media coverage. Matter Labs plans to continue decentralizing the protocol's technology, community governance, and other critical aspects in the future.

Published At

9/14/2023 8:00:00 PM

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