• About
  • FAQ
  • Landing Page
Newsletter
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Business

ZKsync to Retire Its Original Ethereum Rollup Next Year

admin by admin
December 8, 2025
in Business
0
Balancer Outlines Reimbursement Plan Following $128M Exploit
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


In brief

  • ZKsync has announced plans to deprecate its Lite network in 2026 as part of a long-signaled transition.
  • Remaining funds on Lite total about $50 million, based on L2BEAT’s latest figures.
  • Engineers expect all future development to center on zkEVM systems and ZK Stack deployments.

ZKsync, an Ethereum scaling solution made by Matter Labs, said Sunday that it plans to retire ZKsync Lite, the network it launched in June 2020 as Ethereum’s early zero-knowledge payment rollup, next year.

“This is a planned, orderly sunset for a system that has served its purpose and does not affect any other ZKsync systems,” the team wrote on X.

Related articles

Trump Sons Haven’t Abandoned World Liberty Financial, Crypto Firm Insists

Trump Sons Haven’t Abandoned World Liberty Financial, Crypto Firm Insists

May 8, 2026
This AI Reads Your Chemistry Instructions and Finds the Best Way to Build You a Molecule

This AI Reads Your Chemistry Instructions and Finds the Best Way to Build You a Molecule

May 7, 2026

They added that ZKsync Lite was a “proof-of-concept” and “validated critical ideas” in the context of Matter Labs’ rollout of production versions of its zero-knowledge systems.

Those early developments later helped build out the systems that now underpin ZKsync Era and the ZK Stack.

“It did its job: prove what’s possible and pave the way for the next generation,” the team wrote.

The announcement formalizes a shift that began when Matter Labs rebranded ZKsync 1.0 to ZKsync Lite in February 2023. A month later, the lab ceased actively updating its engineering work for ZKsync Lite and moved its team to ZKsync Era and its broader ZK Stack.

At the time, Matter Labs’ head of engineering, Anthony Rose, told Decrypt that ZKsync Era would “definitely be an alpha version of the system,” acknowledging that they were not claiming it already was “the system that [we] expect it to be.”

Rose then projected roughly “two or three years” of “more engineering work to do” and confirmed that ZKSync Era would form the “core skeleton” of Matter Lab’s zkEVM ecosystem.

Lite was built as a lightweight system for transfers, NFT minting, and basic swaps. However, it did not support smart contracts, a factor that limited its long-term usefulness once general-purpose zkEVM designs emerged.

When Era went live in 2023 with full EVM compatibility, developers began consolidating liquidity and tooling around the newer stack. Wallets and decentralized apps then phased Lite out of their interfaces, reducing active usage to fewer than 200 daily operations this month, according to data from L2Beat.

Lite still holds roughly $49 million in value through its canonically bridged assets, which remain withdrawable to Ethereum through the network’s L1 contract.

ZKsync confirmed that withdrawals to Ethereum “will keep working” throughout the deprecation process and committed to publishing timelines and instructions in the coming year.

The announcement comes just over a year after Matter Labs revealed layoffs in September of last year, impacting 24 employees, as confirmed with Decrypt.

At the time, Matter Labs CEO Alex Gluchowski said the layoffs were done in the context of a “big increase in demand for ZK Chains.”

Decrypt has reached out to Matter Labs and the Ethereum Foundation for further comment.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

Share76Tweet47

Related Posts

Trump Sons Haven’t Abandoned World Liberty Financial, Crypto Firm Insists

Trump Sons Haven’t Abandoned World Liberty Financial, Crypto Firm Insists

by admin
May 8, 2026
0

In brief Donald Trump Jr. said the Trump family has not abandoned World Liberty Financial, dispelling online rumors. Co-founder Zach...

This AI Reads Your Chemistry Instructions and Finds the Best Way to Build You a Molecule

This AI Reads Your Chemistry Instructions and Finds the Best Way to Build You a Molecule

by admin
May 7, 2026
0

In brief Synthegy, developed at EPFL, uses LLMs to rank synthesis routes against chemist-defined goals, matching expert judgments 71.2% of...

CME Gearing Up to Launch Bitcoin Volatility Futures Independent From BTC’s Price

CME Gearing Up to Launch Bitcoin Volatility Futures Independent From BTC’s Price

by admin
May 6, 2026
0

In brief CME Group plans to launch Bitcoin volatility futures on June 1. The products will let traders bet on...

Aave Fights to Unfreeze $71 Million as Kelp DAO Hack Spills Into Court

Aave Fights to Unfreeze $71 Million as Kelp DAO Hack Spills Into Court

by admin
May 5, 2026
0

In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit....

You Installed Hermes. Now Make It Look Better Than ChatGPT or Claude

You Installed Hermes. Now Make It Look Better Than ChatGPT or Claude

by admin
May 4, 2026
0

In brief Nous Research's Hermes Agent crossed 100,000 GitHub stars in 10 weeks, spawning a fast-growing ecosystem of community-built GUI...

Load More
  • Trending
  • Comments
  • Latest
Bitcoin perps just got a US green light, but one catch could decide everything

Bitcoin perps just got a US green light, but one catch could decide everything

May 30, 2026
This week Bitcoin faces as a new fed chair colliding with inflation in its biggest macro test of the year

This week Bitcoin faces as a new fed chair colliding with inflation in its biggest macro test of the year

May 12, 2026
THORChain exploit turns DeFi halt into trust test

THORChain exploit turns DeFi halt into trust test

May 17, 2026
What Choices Will You Make On The Way To A Multipolar World?

What Choices Will You Make On The Way To A Multipolar World?

May 28, 2026

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Reve 2.0 Review: The Best AI Image Generator for Layout Control

Reve 2.0 Review: The Best AI Image Generator for Layout Control

June 15, 2026
Bitcoin perps just got a US green light, but one catch could decide everything

Bitcoin perps just got a US green light, but one catch could decide everything

May 30, 2026
What Choices Will You Make On The Way To A Multipolar World?

What Choices Will You Make On The Way To A Multipolar World?

May 28, 2026
The History And Future Of Physical Bitcoin

The History And Future Of Physical Bitcoin

May 24, 2026

Recent News

Reve 2.0 Review: The Best AI Image Generator for Layout Control

Reve 2.0 Review: The Best AI Image Generator for Layout Control

June 15, 2026
Bitcoin perps just got a US green light, but one catch could decide everything

Bitcoin perps just got a US green light, but one catch could decide everything

May 30, 2026

Categories

  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • Market
  • Regulation
  • Ripple
  • Uncategorized
  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Contact Us

© Copyright Cryptodnews 2025-2026 All Rights Reserved.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© Copyright Cryptodnews 2025-2026 All Rights Reserved.