# BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
“# BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync ” On Thursday, a proposal to fund decentralized autonomous organization zkDAO passed via treasury protocol BitDAO with close to 200 million votes cast. The proposal was authored by Matter Labs — the organization behind Ethereum scaling protocol zkSync — and Mirana Ventures. Utilizing zk-Rollups, zkSync and its…