Ethereum’s first ZK-rollup, ZKsync Lite, to be retired in 2026
ZKsync Lite, the first zero-knowledge rollup on Ethereum, will be retired in 2026 as part of a planned phase-out. Launched in 2020 by Matter Labs, it served as a proof-of-concept for fast transfers and NFT minting but did not support smart contracts. The team confirmed that user funds remain safe and withdrawals will continue uninterrupted. Development shifted to ZKsync Era, a zkEVM with smart contract support, in early 2023. ZKsync Lite currently holds nearly $50 million in assets but has seen minimal recent activity. The deprecation does not affect other ZKsync products, and migration details will be shared soon.
cointelegraph12/08 05:59
