# zkSync

### Name
zkSync (built by Matter Labs)

### Description

zkSync (built by Matter Labs) is a scaling and privacy engine for Ethereum. Its current functionality scope includes low gas transfers of ETH and ERC20 tokens in the Ethereum network.

zkSync 1.0 (the current version) will support NFTs and limited orders this spring.
zkSync 2.0 (testnet in May, mainnet in August) will bring full EVM support.

### Consensus Type

PoS, under development

### Tx Cost

600 gas (the users will be able to go with ~$0.01 when zkPorter is released)

### Average TPS

2000

### Finality Time

5 minutes

### Governance/validator Token

Under development.

### Transactional Token

ETH, ERC20 tokens. NFTs soon.

## Resources

[Website](https://zksync.io/)

[Github](https://github.com/matter-labs/zksync)

[Developer Docs](https://zksync.io/dev/)

## Social Media & Community

[Telegram](https://t.me/zksync)

[Twitter](https://twitter.com/zksync)

[Medium](https://medium.com/matter-labs)

[Gitter](https://gitter.im/matter-labs/zksync)

###### tags: `Indexed.wtf`