ZkSync announced that it would cooperate with buidlbox to open the zkSync Era series hacker song

On February 18, zkSync announced that it would cooperate with buidlbox to launch the zkSync Era series of hacks, aiming to provide developers with any level of experience with the opportunity to explore the potential of zkSync Era. The first hacker song of this series will start on February 20 and end on March 19, focusing on account abstraction and Web3 security, with a prize pool of $25000.

Interpretation of this information:

The announcement by zkSync on February 18 of its collaboration with buidlbox to launch the zkSync Era series of hacks is an exciting development for developers interested in exploring the potential of zkSync Era. This event provides developers, regardless of their level of experience, with the opportunity to engage with the platform and explore its possibilities.

The first hacker’s challenge of this series is due to commence on February 20 and will run until March 19. The primary focus of the competition will be on account abstraction and Web3 security. There is a prize pool of $25000 for participants, which is a significant incentive for developers seeking to test their skills.

Account abstraction is the process of combining multiple transactions and contract calls, enabling users to complete a group of related actions with a single call. This approach is useful when multiple steps are required to complete a transaction, as it reduces the number of steps required and therefore the transaction costs. This feature is unique to zkSync and provides a significant advantage to developers using the platform, as it significantly reduces the cognitive load of reorganizing contract calls manually.

Web3 security, on the other hand, is the process of ensuring that Web3-enabled websites and applications are secure from malicious attacks. This feature is critical for developers creating applications that rely on blockchain networks as they are susceptible to attacks such as denial-of-service attacks and phishing attacks, which can result in financial loss.

Lastly, the $25000 prize pool is a significant incentive for developers, especially during this period, as many developers are looking for ways to earn money from their skills while still being constrained by the ongoing pandemic. This competition provides developers with a platform to display their talents while earning money at the same time.

In conclusion, the zkSync and buidlbox collaboration will provide an excellent platform for developers to interact with zkSync Era and explore its possibilities. The competition will enable developers, regardless of their level of experience, to showcase their skills and earn money while doing so. The competition will focus on account abstraction and Web3 security. The three keywords are zkSync Era, account abstraction, and Web3 security.