
ZKsync Faces Backlash Over Token Distribution, TVL Plummets
TL;DR The announcement of ZKsync token distribution caused a drop in TVL to approximately $128 million, down from nearly $200 million. The community considered the distribution
zkSync is a layer 2 scaling solution for Ethereum that utilizes zero-knowledge (zk) proofs to enable faster and cheaper transactions with high security.
zkSync It is being developed by Matter Labs, a blockchain research and development company.
TL;DR The announcement of ZKsync token distribution caused a drop in TVL to approximately $128 million, down from nearly $200 million. The community considered the distribution
TL;DR Massive Airdrop Event: ZKSync is set to distribute 17.5% of its ZK token supply, amounting to nearly 3.7 billion tokens, in a significant airdrop to 695,232 wallets, marking one
TL;DR Matter Labs has ended its plans to trademark the “ZK” after strong criticism from the community and industry experts. The controversy arose when the company
TL;DR zkSync Trademark Tension: Matter Labs’ attempt to trademark the term “zero-knowledge” (ZK) has sparked controversy in the crypto community, with industry leaders calling it an
With the massification of the use of blockchain technology and Decentralized Finances (DeFi), the congestion of the Ethereum network, being this the main platform for this
Matter Labs has set its sights on effecting positive change on a global scale, with a vision to enable self-sovereignty for all. To achieve this, they
The future of web3 and crypto is about personal freedom, which is precisely what zkSync Era aims for. By making Ethereum more accessible and scalable, it’s
Matter Labs announced the official launch of zkSync Era. This monumental achievement marks the first-ever zkEVM on Ethereum, opening the gates for registered projects to deploy
In the past few days, I have been notified of a few integrations for Matter Labs zkSync, which have all helped the ecosystem grow faster and
In a new announcement, it has been announced that zkSync L3 ‘Pathfinder’ will be deployed on the testnet in Q1 of 2023. An ecosystem of trustlessly
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