Bitget App
Trade smarter
MarketsTradeFuturesEarnAISquareMore
ZKsync sets May 4 deprecation date for Lite as project consolidates around Era

ZKsync sets May 4 deprecation date for Lite as project consolidates around Era

The BlockThe Block2026/02/27 11:33
By:The Block

ZKsync (ZK) has set a May 4 deprecation date for ZKsync Lite, widely regarded as Ethereum’s first zero-knowledge rollup, as the project continues focusing on its newer ZK Stack ecosystem. 

Block production on the 2020-era network will cease on that date, permanently freezing its final state to ensure balances cannot be altered post-shutdown, according to a Thursday announcement from the team.

The project described the move as a "planned, orderly sunset for a system that has served its purpose," emphasizing that the deprecation does not affect other ZKsync products such as Era or chains built with the ZK Stack framework. A read-only API will remain available for at least one year following the shutdown to support data access, the team said in the X.

Users have been urged to withdraw assets ahead of the May 4 cutoff for greater convenience, though the team stated that funds not withdrawn by that date will remain fully claimable.

According to L2BEAT, approximately $33.9 million remains canonically bridged to ZKsync Lite, including about $24.9 million in stablecoins, $8.4 million in ETH and derivatives, $313,320 in BTC and derivatives, and $231,130 in other assets.

ZKsync Lite, originally called ZKsync 1.0, supported token transfers, atomic swaps, and NFT minting, but did not include smart contract functionality. Development was halted in March 2023 by Matter Labs, the company behind ZKsync, following the launch of ZKsync Era, a zkEVM designed to support arbitrary smart contracts.

Era represented the "Holy Grail of scaling Ethereum" by enabling developers to port existing applications without sacrificing security.


0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Tonight, a "dovish rate hike"?

The Federal Reserve is almost certain to raise interest rates tonight, but the key issue is "what will be said after the hike." Citi characterizes this move as a "fine-tuning" adjustment, suggesting there is no inevitable future rate hike, yet warns that if Chairman Powell does not provide clear forward guidance, it will trigger significant market volatility. Goldman Sachs bluntly stated that there is insufficient economic foundation for this rate hike, with inflation being merely a one-off factor, and expects this to be a "signal-less rate hike."

华尔街见闻2026/09/16 04:01

JPMorgan: "Open source disruption" and "AI safety" are not issues, there is still room for capital expenditure in the next two years, semiconductor equipment will become the "new bottleneck"

JPMorgan believes that open-source models are not a threat, regulatory disruptions are only short-term, and cloud vendors’ leverage remains low—the fundamentals of computing power investment have not changed. It forecasts that the capital expenditure of the seven major tech giants will soar from $443 billion in 2025 to $1.577 trillion in 2027, with semiconductor equipment becoming the core bottleneck of the supply chain and a new round of price increases expected in wafer foundry and advanced packaging.

华尔街见闻2026/09/16 03:46

Micron executive: Storage determines AI limits, substantial new capacity will come after 2028

Micron executive Sumit Sadana stated that memory bandwidth and capacity have become the core factors determining the performance ceiling of AI systems. In the face of structural imbalances between supply and demand, Micron expects to increase capital expenditure to over $45 billion in fiscal year 2027, but due to process complexity, substantive new capacity will not be released until 2028. Additionally, long-term supply agreements are reshaping the industry's business model, and humanoid robots will trigger the next wave of massive demand.

华尔街见闻2026/09/16 03:46

Goldman Sachs warns top clients: AI momentum trading shows unprecedented cracks, recommends hedging

Goldman Sachs has issued a rare warning to top clients: deep structural cracks are emerging in AI momentum. The AI-themed basket has dropped nearly 45% from its peak, with the one-day performance gap between short-term and long-term momentum reaching a five-year high. Capital is accelerating its shift from semiconductors to software. Goldman Sachs explicitly recommends that investors with AI exposure start hedging.

华尔街见闻2026/09/16 03:46