ZKSpace Launches Groundbreaking Tool of Batch Transfer: Pay 60 Recipients with One Click

Fellow ZK astronauts,

We are thrilled to announce that our first-of-its-kind BATCH PAYMENT tool is now alive!

Go to https://zks.app/wallet/token/send/batch to enjoy the low-cost, efficient and safe Layer 2 transfer product now.

You can make a maximum of 60 transfers with one click.

Background

As a leading Ethereum scaling solution, ZKSpace has constantly explored and created efficient Web3 tools for global users. Similarly, solving the issues of high-cost and slow-confirmation of Layer 1 token transfer is regarded by us as a matter of duty.

We found that there were no batch transfer and airdrop tools on the market. To provide a solution, we developed this tool as part of our Layer 2 payment protocol, ZKSquare.

Transfers become cheaper and faster

This tool takes advantage of the fast-confirmation and low-cost features of ZK-Rollup-based Layer 2 solutions.

On top of that, it features completing multiple transfers with just one signature, which reduces users’ work to the greatest extent. It allows both individual users and projects to make batch transfers and payments, distribute airdrops, and realize many other use cases.

As a scaling solution, ZKSpace has achieved a gas fee of more than 90% lower than the ETH mainnet. Since April 28, to better serve users, most costs on this platform have been reduced by 50% or more. At present, a single transfer only requires 0.2U.

Easy to use

  1. Go to https://zks.app/wallet/token/send/batch.

  2. Connect your wallet.

  3. Select the token you want to send.

  4. Enter your recipients’ addresses and the corresponding amount. Click the + icon to add more addresses.

  5. Click Send, and confirm the transaction in your wallet. You have finished your batch transfer now!

Note: You can add up to 60 addresses. To facilitate the filling-in process, we provide excel templates for use. You can import address and amount information via an excel file. Download the example file on the card.

We will be delighted if you come and try this pioneering product out! If you have any issue using it or want to offer feedback, please contact our friendly admins on Telegram!

About ZKSquare

ZKSquare is a fast and trustless payment protocol on ZKSpace. It features:

  • Instant Payments: Transfer ERC 20 tokens instantly and safely without waiting for block confirmations on Ethereum.

  • Low-cost: Paying less gas fee with Layer 2 protocol ZKSquare leveraging ZK-Rollups technique.

  • Trustless: Funds are secured by native Ethereum security as Layer 2 transactions are bundled and submitted to Layer 1 with constantly generated Zero-Knowledge Proofs to ensure the state consistency of Layer 2 and Layer 1.


About ZKSpace

The all-new ZKSpace platform consists of three main parts: ZKSwap, the innovative Layer 2 AMM DEX utilizing ZK-Rollups technology, payment service ZKSquare, and an NFT minting center and marketplace called ZKSea. With an all-new-look user interface, NFT support, unlimited token listing, smoother withdrawal, optimized efficiency, and multi-chain support, ZKSpace aims to implement EVM-compatible ZK-Rollups and bring the community more layer 2-based products in the near future.

Stay Tuned

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