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Author Topic: Zksync ERA is here  (Read 670 times)
rodskee
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January 03, 2024, 12:15:14 PM
 #81

https://www.theblock.co/post/269517/zksync-outpaces-ethereum-in-monthly-transaction-volume-propelled-by-inscription-activity
"zkSync, a Layer 2 scaling solution for Ethereum, processed more transactions than the Ethereum mainnet over the past month.
zkSync handled 34.7 million transactions in 30 days, surpassing Ethereum’s 34.2 million in the same period.

zkSync, a Layer 2 scaling solution for Ethereum, recorded more transactions than the Ethereum mainnet over a one-month period, processing 34.7 million transactions in the past 30 days.

A total of 34.2 million transactions were recorded on Ethereum's mainnet during the same period, according to L2Beat data. Next in line was Arbitrum, which saw 31.4 million transactions over the past 30 days."
Why have I not crossed this thread   a friend of mine told me about this back mid last year but I
forget to check and he though I am not interested so i did not dig , but now having read this? I realized that
I made a big mistake for taking this for granted, congrats to all who have gained from this.

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January 03, 2024, 12:40:04 PM
 #82

https://www.theblock.co/post/269517/zksync-outpaces-ethereum-in-monthly-transaction-volume-propelled-by-inscription-activity
"zkSync, a Layer 2 scaling solution for Ethereum, processed more transactions than the Ethereum mainnet over the past month.
zkSync handled 34.7 million transactions in 30 days, surpassing Ethereum’s 34.2 million in the same period.

zkSync, a Layer 2 scaling solution for Ethereum, recorded more transactions than the Ethereum mainnet over a one-month period, processing 34.7 million transactions in the past 30 days.

A total of 34.2 million transactions were recorded on Ethereum's mainnet during the same period, according to L2Beat data. Next in line was Arbitrum, which saw 31.4 million transactions over the past 30 days."

It's likely due to airdrop speculation, otherwise Zksync Era is expensive to use amongst all L2s. Just now, I paid 45 cents for transaction, and ETH is ~2400, ETH doubles and you will pay close to $1 USD per transaction.

I refuse this much fee which touts itself as scaling solution.
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January 03, 2024, 11:05:53 PM
 #83

It's likely due to airdrop speculation, otherwise Zksync Era is expensive to use amongst all L2s. Just now, I paid 45 cents for transaction, and ETH is ~2400, ETH doubles and you will pay close to $1 USD per transaction.

I refuse this much fee which touts itself as scaling solution.

However, in order for your wallet to be eligible, it is necessary to continue to perform the minimum number of interactions on the network, choosing a time for this when the cost of transactions on the network decreases. For example, the acquisition of a free ticket to https://robots.farm/airdrop/quests or sending an email on the service https://mail.dmail.ai it will cost you 5-10 cents.

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batang_bitcoin
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January 03, 2024, 11:57:58 PM
 #84

Where do you guys are looking for these zksynch projects? While people are thriving to get along with all the solana chain projects, there goes the other interesting projects that someone might have the first dibs of it. Because this is how this market works nowadays, whoever gets the first dibs have the better opportunity and chance of making much. Any websites or lists to follow where all the projects can be seen and with some details that can help an investor to look at?

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shinratensei_
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January 04, 2024, 01:15:07 AM
 #85

It's likely due to airdrop speculation, otherwise Zksync Era is expensive to use amongst all L2s. Just now, I paid 45 cents for transaction, and ETH is ~2400, ETH doubles and you will pay close to $1 USD per transaction.

I refuse this much fee which touts itself as scaling solution.
this is true its funny, zksync perform quite bad compared with the other L2 i remember it having massive fee when ethereum gas was spiking while the other L2 have relatively low fee, I guess its because there are people seeking opportunities to get airdrop by restroactive but this blockchain isn't that great if compared with it predecessor like optimism or arbitrum but i will still use it for the sake of interacting with smart contract just in case the airdrop is out and I can at least get a piece of the airdrop otherwise i can't stop getting salty.
but then again though if anyone out there don't really seek for an airdrop then just use the other L2 that might be cheaper, hopefully the team of zksync could come up with solution at least they could mitigate spike in fee.
otherwise once airdrop is out everyone would abandon this blockchain.

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libert19
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January 04, 2024, 04:02:11 AM
 #86

It's likely due to airdrop speculation, otherwise Zksync Era is expensive to use amongst all L2s. Just now, I paid 45 cents for transaction, and ETH is ~2400, ETH doubles and you will pay close to $1 USD per transaction.

I refuse this much fee which touts itself as scaling solution.

However, in order for your wallet to be eligible, it is necessary to continue to perform the minimum number of interactions on the network, choosing a time for this when the cost of transactions on the network decreases. For example, the acquisition of a free ticket to https://robots.farm/airdrop/quests or sending an email on the service https://mail.dmail.ai it will cost you 5-10 cents.

I do robots.farm quests, yet I pay fee mentioned, are you sure it costs 5-10c for these transactions? If I choose custom fee, transaction fails, so I don't do manual tinkering, and go with what Metamask suggests.

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January 04, 2024, 12:46:57 PM
 #87

Is zkSync still a thing?  I think they are waiting too long before they do an airdrop of their own.  What would most likely happen is people will get into the airdrop but then dump the tokens because the rotation has already moved on to other more interesting projects and protocols.  Solana is back in play with lots of liquidity and the next rotation is going to the Cosmos stuff in TIA and now DYM.  And there's another one coming, I think it's called Sovereign.  They haven't released a token yet but I'm pretty sure they will.

And it's not just that, there's a lot more coming in the Cosmos ecosystem.  So cancel all the partying and the night benders and focus.

R


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January 04, 2024, 01:00:05 PM
 #88

However, in order for your wallet to be eligible, it is necessary to continue to perform the minimum number of interactions on the network, choosing a time for this when the cost of transactions on the network decreases. For example, the acquisition of a free ticket to https://robots.farm/airdrop/quests or sending an email on the service https://mail.dmail.ai it will cost you 5-10 cents.

I do robots.farm quests, yet I pay fee mentioned, are you sure it costs 5-10c for these transactions? If I choose custom fee, transaction fails, so I don't do manual tinkering, and go with what Metamask suggests.

I don't understand why you are paying such a high transaction fee. I just purchased a free ticket on the specified site at a gas cost of 21 Gwai and paid 7 cents for this transaction. To confirm my words, I attach a screenshot showing the exact time and cost of the transaction.


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January 04, 2024, 01:10:58 PM
 #89

However, in order for your wallet to be eligible, it is necessary to continue to perform the minimum number of interactions on the network, choosing a time for this when the cost of transactions on the network decreases. For example, the acquisition of a free ticket to https://robots.farm/airdrop/quests or sending an email on the service https://mail.dmail.ai it will cost you 5-10 cents.

I do robots.farm quests, yet I pay fee mentioned, are you sure it costs 5-10c for these transactions? If I choose custom fee, transaction fails, so I don't do manual tinkering, and go with what Metamask suggests.

I don't understand why you are paying such a high transaction fee. I just purchased a free ticket on the specified site at a gas cost of 21 Gwai and paid 7 cents for this transaction. To confirm my words, I attach a screenshot showing the exact time and cost of the transaction.

~image cut~

Rare day, right now, I also paid 7 cents, otherwise I used to pay 30-50c

My yesterday's transaction [1], I paid 41c. As I mentioned before, I go with whatever MM suggests me, and today it was 7c somehow. Can you check other transactions if it was same cheap fee there as well?



[1] https://explorer.zksync.io/tx/0x9aaef0a019c71b993c3d6b21c7d63af8eab8058f8e4720d70f93ca5bc3be0ffb

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January 04, 2024, 02:08:42 PM
Last edit: January 04, 2024, 07:44:10 PM by tvplus006
 #90

Rare day, right now, I also paid 7 cents, otherwise I used to pay 30-50c

My yesterday's transaction [1], I paid 41c. As I mentioned before, I go with whatever MM suggests me, and today it was 7c somehow. Can you check other transactions if it was same cheap fee there as well?

Of course, the cost of the transaction depends not only on the gas price, but also on the contract that you are executing. Accordingly, you will have to pay a higher commission for the swap than for sending an email on this network using the https://mail.dmail.ai service. This service will allow you to make cheap transactions not only in zkSynk, but also in Linea, Base, ZkEVM, Scroll and many more blockchains, which in the end will allow you to get a good airdrop from them.

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libert19
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January 04, 2024, 02:19:50 PM
 #91

Rare day, right now, I also paid 7 cents, otherwise I used to pay 30-50c

My yesterday's transaction [1], I paid 41c. As I mentioned before, I go with whatever MM suggests me, and today it was 7c somehow. Can you check other transactions if it was same cheap fee there as well?

Of course, the cost of the transaction depends not only on the gas price, but also on the contract that you are executing.

I make only robots farm transaction every couple weeks, each time I have paid 30-50c, only today transaction was cheap (ie. 8 cents).
Sophokles
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January 04, 2024, 08:13:57 PM
 #92

They are doing very good and i really like to use that blockchain especially because of how they are refunding the unused gas fees to the users. This is really something unique that lets many people keep using the dapps in that blockchain. But to be honest, I think most of the users who are using ZKsync are mostly airdrop farmers and the TVL and volume will shrink a lot after the airdrop distribution. I still think ETH is the number one in terms of TVL and users and ARB and OP are the two best L2 of ETH that has real users.
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January 05, 2024, 12:48:50 AM
 #93

Is zkSync still a thing?  I think they are waiting too long before they do an airdrop of their own.  What would most likely happen is people will get into the airdrop but then dump the tokens because the rotation has already moved on to other more interesting projects and protocols.  Solana is back in play with lots of liquidity and the next rotation is going to the Cosmos stuff in TIA and now DYM.  And there's another one coming, I think it's called Sovereign.  They haven't released a token yet but I'm pretty sure they will.

And it's not just that, there's a lot more coming in the Cosmos ecosystem.  So cancel all the partying and the night benders and focus.
thats right, too much time spent already and zksync still unclear about the airdrop thing it seems they want to take advantage of this by just letting people grow their blockchain first to as much active address as they can and then they would inform about airdrop, thats the thing with devs nowaday, just trying to confuse people with the unclear dates and all and thats true right now the trend has moved over to cosmos even right now one of the swap token in that blockchain osmosis gained quite the value increase after bitcoin dumping which isn't what i expected but I guess right now its switching from solana to cosmos.
with zksync, idk, the ecosystem kinda stuck, maybe because the devs are too hesitant to do something big, they just want to do thing slowly which honestly just gonna make their blockchain forgotten.

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