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Key Insights

Layer-2s (L2s)

Storing data on Ethereum is expensive, even when the execution is offloaded to a rollup. While most rollups post all transaction calldata to Ethereum, ZKsync only posts state differentials

While ZKsync implements account abstraction at the protocol layer, it also uses many similar components highlighted by EIP-4337 and differs from Ethereum account abstraction in notable ways. EIP-4337 introduces dependencies on third-party intermediaries for certain actions, creates a separate transaction flow for smart contract account transactions, and does not resolve how existing EOAs would migrate to smart contract accounts.

The ZKsync token, ZK

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