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zkSync's Ecosystem Portal Launches with DappRadar Management

By Cornell Rachel
Sep 18, 2023
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Matter Labs has made a significant stride towards the full decentralization of its zkSync protocol with the launch of an ecosystem portal managed by DappRadar. This move is part of Matter Labs' ongoing efforts to decentralize zkSync, a layer 2 blockchain designed to enhance the Ethereum ecosystem . As of now, zkSync boasts over 200 projects and has facilitated more than 8.8 million testnet transactions. Notably, its public mainnet launch in April garnered substantial attention and support, raising $115 million in funding within the first 10 days.

The collaboration with DappRadar aligns with Matter Labs' vision to gradually relinquish control over zkSync's ecosystem management. Their ultimate goal is to decentralize the protocol and the broader ZK Stack, which is a set of technologies built around zkSync. This shift reflects the zkSync Creed, a document formulated in June that encapsulates the core principles of the zkSync community, emphasizing trustlessness and sovereignty.

DappRadar's involvement is expected to enhance the visibility of decentralized applications (DApps) listed through the zkSync ecosystem portal. This increased visibility should lead to more user engagement and greater media coverage for these DApps, a move seen as pivotal by Matter Labs.

Matter Labs views this shift in control over the zkSync ecosystem as merely the beginning. Their next steps involve complete decentralization of the protocol's technology, community governance, and other vital network components. This trajectory underscores their commitment to creating a fully decentralized blockchain ecosystem.

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