Axen Bridge is now integrated with zkSync, marking an important upgrade for the platform. Axen Labs shared the news on their X account. This integration will enable faster transactions and lower fees for users, according to reports zkSync is an Ethereum layer-2 scaling solution. It can handle thousands of transactions per second while coming with the same level of security and decentralization as Ethereum.
🔗 Axen Bridge Now Integrated with zkSync! 🌐
— Axen Labs ( 🤖,🤖 ) (@Axenlabs) November 29, 2024
We’re excited to announce that Axen Bridge is now integrated with zkSync! This integration brings enhanced scalability and lower transaction fees to our users.
zkSync is a layer-2 scaling solution for Ethereum, enabling thousands of… pic.twitter.com/pk6N3C7qCN
Axen Bridge Enhances Cross-Chain Transfers with zkSync Integration
Users will be able to enjoy confirmation times of barely several minutes, which will make the transactions fast. Transaction fees are lower, and the cost of asset transfers is cheaper in zkSync compared to Ethereum’s traditional model. The security model is inherited from Ethereum through zero-knowledge proofs.
blockchainreporter.net