- These are the 8 key principles of decentralization
- They will create the “magic of technology”
ZkSync scaling protocol published document ZK Credo. This is a declaration of fundamental principles that are important for decentralized networks. They invite the community to participate in the discussion and submit their ideas.
The ZkSync “Code of Honor” is based on 8 principles:
- censorship resistance.
“Any sufficiently advanced technology is indistinguishable from magic. Affectionately nicknamed “Magic Moon Math”, ZK is a marvel of engineering. It simplifies cumbersome operations by turning complex operations into easy clicks. This allows the use of integrated systems where the components are easily synchronized. Above all, it weaves these wonders while respecting user privacy and control.”
The ZkSync team emphasized that the Ethereum blockchain is best suited to implement the idea of a blockchain network that will form the backbone of the Internet of Value. At the moment, it meets 5 out of 8 principles – non-repudiation, security, reliability, censorship resistance and sovereign network. It remains to work on the three remaining principles – confidentiality, hyperscalability and availability. This issue will be taken over by ZkSync technology.
Recall that in April, the zkSync Era network was down for 4 hours. So sometimes they have technical difficulties.