Bankless

ROLLUP: BTC ETF Race Heats Up, zkSync drops the ZK Stack, OP going ZK?

4 snips
Jun 30, 2023
The podcast dives into the escalating Bitcoin ETF race, unpacking strategies from major players like Fidelity and ARK Invest. A spotlight is on zkSync's introduction of the innovative ZK Stack, paving the way for advanced blockchain applications. The conversation also touches on Bitcoin's recent price dynamics and Ethereum's 'flippening' moment. Lastly, the rising trend of layer two solutions in crypto is explored, addressing how decentralized apps can capitalize on the expanding blockchain landscape.
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INSIGHT

Staked ETH Flippening

  • Staked ETH has surpassed ETH held on centralized exchanges, a significant milestone.
  • Over 20 million ETH is staked, with another 2.9 million queued.
INSIGHT

ZK Stack Release

  • ZK Sync released the ZK Stack, a framework for building sovereign, ZK-powered hyperchains.
  • This allows for cheap, trustless connectivity without bridges.
ADVICE

Fork ZK Sync and Optimism

  • Fork ZK Sync and Optimism to deploy your own chains with custom standards.
  • This fosters network effects and allows customization for various internet niches.
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