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Storj Partners with zkSync Era: Introducing a Faster & More Secure Payment System

source-logo  blockster.com 31 May 2023 19:33, UTC

Storj, the globally recognized leader in enterprise-grade, distributed cloud object storage, has announced its collaboration with Matter Labs' zkSync Era. This partnership combines Storj's renowned decentralized storage solution with zkSync Era's layer 2 blockchain protocol, unlocking scalable and cost-effective transactions on the Ethereum network. The integration of zkSync Era's zero-knowledge rollup implementation will revolutionize the payment process by enabling faster, more secure, and highly efficient transactions while significantly reducing gas fees.



zkSync Era, as a Layer 2 protocol and ZK-rollup, offers a groundbreaking solution that aggregates multiple transactions into a compressed data structure, verifiable on-chain. This innovative approach allows for significantly higher transaction throughput compared to traditional Layer 1 (L1) solutions.

As a result, Storj's adoption of zkSync Era will drive down costs, decrease confirmation times, and enhance the scalability and efficiency of decentralized systems, positioning Storj as the frontrunner in the field of decentralized infrastructure technologies.

CEO of Storj, Ben Golub, expressed his enthusiasm for the strong adoption of zkSync within the Storj community, emphasizing their commitment to supporting the zkSync Era developer ecosystem with open-source tools.
"Zero-knowledge rollups for lower gas payments mean that Storj can provide users & our community of nodes with an optimal transaction experience while continuing to lead as a trailblazer in the field of decentralized infrastructure technologies."

CEO of Storj, Ben Golub
To showcase the capabilities of zkSync Era to the wider Ethereum community, Storj will develop and maintain two additional open-source libraries: Crypto-Batch-Payment and Storjscan. The focus will be on creating a seamless onboarding experience for Storj's decentralized cloud storage customers and nodes onto the zkSync Era network.

Moreover, this collaboration will facilitate EVM-compatible composability for decentralized storage payments, granting customers enhanced flexibility and customization options.

Matter Labs' Head of Business Development, Marco Cora, expressed his excitement about projects like Storj improving overall network scalability for decentralized applications by integrating with zkSync Era.
"The potential of this collaboration in bringing fast, secure & affordable decentralized storage to a broader audience worldwide."

Marco Cora, Head of Business Development at Matter Labs
Storj stands as the sole EVM-compatible decentralized storage solution, offering customers a unique and customizable storage experience. By embracing EIP-4844 and rollup-centric upgrades to Ethereum, Storj is poised to elevate its decentralized, EVM-compatible storage offering to new heights with zkSync Era.

The company remains dedicated to providing users with a fast, secure, and efficient decentralized storage solution, and the adoption of zkSync Era marks a significant milestone in that pursuit.

To learn more about Storj and explore cost-saving options for your cloud storage needs, visit www.storj.io.



About Storj

Storj is at the forefront of decentralized cloud object storage, empowering developers, architects, and IT ops professionals with its blazingly fast, enterprise-grade solution. Combining CDN-like performance with cold storage prices, Storj ensures top-tier durability, enhanced security, and eliminates vendor lock-in and single points of failure. The platform caters to traditional use cases, Web3, and dApps, meeting the evolving demands of privacy and sustainability.

Compatible with existing infrastructure via S3 integration, Storj functions as a trustless globally distributed network, utilizing excess storage capacity and delivering superior performance, privacy, and resiliency at a fraction of the cost compared to hyperscalers.

blockster.com