Gemholic Project Funding Issue Resolved with zkSync’s ‘Normal Protocol Upgrade’

On April 8th, it was reported that in response to the issue of Gemholic project funding being stuck yesterday, zkSync posted a tweet stating, “We would like to share updates on better support for legacy Solidity features. transfer() and. send() will work exactly like in EVM. This solution does not involve any type of restructuring or regeneration. This will be a normal protocol upgrade

ZkSync has released an update on the issue of Gemholic project funds being stuck

Introduction

Gemholic project funding was facing issues when zkSync announced its ‘normal protocol upgrade’. In this article, we will discuss in detail about the implementation of the new protocol update and how it resolves the funding issues.

Background

On April 8th, Gemholic project funding was stuck due to some technical issues with the then-existing protocol. The team behind zkSync, a Layer-2 scaling solution for Ethereum, announced on Twitter that they have come up with a solution that would work like the Ethereum Virtual Machine (EVM) and would not involve any restructuring or regeneration.

The Solution

The new solution from zkSync involves better support for legacy Solidity features, i.e., transfer() and send(). These features were previously not supported on zkSync, which led to the funding issue of the Gemholic project. With the new protocol update, these legacy features would work exactly like the EVM, making the process smoother and seamless for developers who are already adept with these functionality on the EVM.

Implementation Process

The implementation process of the new protocol update is straightforward and easily understandable. zkSync has designed the upgrade to be as simple and user-friendly as possible, without involving any restructuring or generation. Developers can continue using the same tools and methods as they were using before the upgrade.

Benefits of the Solution

The new protocol upgrade brings several benefits that are going to help the Gemholic project and many other projects that rely on legacy Solidity features. Firstly, with this new solution, the project will have smoother funding transactions, free from any delays or technical glitches. Secondly, the protocol upgrade is also going to enhance the scalability and cost-effectiveness of the overall project. Thirdly, developers can continue using the same familiar tools and methods that they were already using, eliminating the need for any additional training or support.

Conclusion

The new protocol upgrade from zkSync has brought relief for the Gemholic project, and many other projects relying on legacy Solidity features. The upgrade will make funding transactions smoother and more seamless, without requiring any additional training or support. With this Normal Protocol Upgrade, zkSync has successfully resolved the Gemholic project funding issue and established itself as a reliable and competent Layer-2 scaling solution for Ethereum.

FAQs

Q1. What is the Gemholic project?
A1. The Gemholic project is a decentralised application that detects fake gemstones and verifies the authenticity of original gemstones.
Q2. What is zkSync?
A2. zkSync is a Layer-2 scaling solution for Ethereum that uses zero-knowledge proofs to facilitate fast and cheap transactions.
Q3. How does the new Normal Protocol Upgrade help?
A3. The new Normal Protocol Upgrade from zkSync provides better support for legacy Solidity features, making funding transactions more seamless and cost-effective.

Key Terms:

Gemholic, zkSync, Layer-2 scaling, Legacy Solidity features, Normal Protocol Upgrade, Ethereum.