Hop Protocol is coming soon to zkSync 2.0
At Matter Labs, we strongly believe that increasing personal freedom is the most effective way for crypto to drive positive change globally. zkSync was created to further that dream; to make Ethereum both scalable and accessible, enabling self-sovereignty at a mass scale.
“Our long-term mission is to make self-sovereign participation in the digital economy — i.e. maintaining true control over one’s digital assets — affordable for anyone in the world.” Alex Gluchowski, Co-Founder and CEO, Matter Labs.
To realize this vision, crypto cannot be a closed ecosystem; we must increase accessibility by removing the barriers that prevent participation. Users must have the freedom to manage their digital assets and experience in the way they choose, without sacrificing any accessibility or security. The events of the past few weeks have demonstrated more than ever that decentralized finance (DeFi) is essential to ensure the long-term stability and resilience of the Web3 space.
That’s why we’re excited to announce that the proposal for Hop Protocol to deploy on zkSync 2.0 passed last week with more than 7.9 million votes in favor. Hop, a protocol for sending tokens across rollups and their shared Layer 1 network, quickly and trustlessly, will deploy on zkSync 2.0 at the Full Launch Alpha milestone, allowing users to move funds and transact with ease.
Bridges are a key part of creating interoperability across Ethereum Layer 2 solutions, and we’re excited to work with projects like Hop Protocol to bring the dream of global crypto accessibility to more people, as well as to share the power of the speed, scalability, and security of the zkSync 2.0 platform to even more end-users. Now, more than ever, this is vital for the resilience and security of Web3.
“Hop Protocol’s rollup to rollup token bridging, combined with the security and scalability of our EVM-compatible zkRollup, will bring seamless interoperability to the zkSync ecosystem and a whole suite of exciting new options to our users.” Marco Cora, Head of Business Development, Matter Labs.
Find out more about Hop Protocol’s integration in their own words, and the potential this collaboration unlocks for our zkSync 2.0 ecosystem, below.
About Hop Protocol
Hop is a scalable rollup-to-rollup token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the rollups challenge period.
Trustless Bridging for zkSync 2.0
The entire Hop community is beyond excited about the successful proposal to deploy Hop on zkSync. Hop’s community has been vocal about enabling support for zkSync for many months before the proposal, but a deployment on zkSync 1.0 was technically not possible as some important features for Hop were missing. That has changed with the launch of zkSync 2.0’s zkEVM and we look forward to bringing trustless bridging to the zkSync ecosystem and helping to connect it to the wider Ethereum multichain world.
“zkSync 2.0 represents a massive step forward in Ethereum’s scaling infrastructure. We couldn’t be happier to integrate Hop as an early bridge partner and can’t wait to onboard users to the future of Ethereum.” Chris Whinfrey, Co-founder, Hop Protocol.
We see a strong cultural fit between the zkSync and Hop communities, with both projects working towards scaling Ethereum, and a strong commitment to security, decentralization and the open-source movement.