DEX SyncSwap launches the Polygonzk EVM test network using zkSync
On March 20th, the DEX SyncSwap based on zkSync announced on Twitter that it had launched the Polygonzk EVM test network. Previously, it was reported that the SyncSwap test network was tested online at zkSyncEra on March 2.
DEX SyncSwap based on zkSync has been launched on the PolygonzkEVM test network
Analysis based on this information:
The DEX SyncSwap has made an announcement via Twitter that it has launched the Polygonzk EVM test network based on zkSync. This is significant news for the cryptocurrency market, especially those involved in decentralized exchanges (DEXes) and the Layer 2 scaling solution provided by zkSync.
March 2 saw the online testing of SyncSwap test network at zkSyncEra, which laid the groundwork for the launch of the Polygonzk EVM test network. SyncSwap has been working on creating an infrastructure that would allow users to swap tokens using the faster and cheaper Layer 2 scaling solution provided by zkSync.
The launch of the Polygonzk EVM test network is a step towards making this infrastructure a reality. The test network will allow developers to experiment with various use cases and test the capabilities of the infrastructure in a controlled environment. This will help in identifying any issues that may arise during real-world usage, and make the necessary adjustments that will ensure a seamless user experience.
The EVM (Ethereum Virtual Machine) is a crucial part of Ethereum’s infrastructure, and is responsible for running smart contracts. SyncSwap’s use of the Polygonzk EVM test networds with zkSync scaling solution will provide a better user experience by reducing gas fees and wait times. This is a significant advantage, as gas fees have been a major concern for most DEX users, making it difficult for users to use decentralized exchanges at a low cost.
Overall, the launch of the Polygonzk EVM test network is a positive step towards creating a fast, efficient and cost-effective infrastructure that will benefit both developers and end-users. The introduction of this technology could open up avenues for new use cases and attract more users to the decentralized finance ecosystem, leading to more growth and innovation in the future.
In conclusion, the launch of the Polygonzk EVM test network marks a significant milestone for SyncSwap and the wider cryptocurrency community. The test network will enable developers to experiment with various use cases and test the infrastructure’s capabilities in a controlled environment. This is likely to lead to improvements in the overall user experience and an increase in the adoption of decentralized exchanges.
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