10 Jun

The announcement was made on platform X, with zkSync encouraging users to enable notifications and follow the community account ZK Nation, which is dedicated to the development and protection of the zkSync protocol. The pre-game event is set to begin tomorrow, though specific details remain undisclosed, leaving the community eager for more information.

Excitement surrounding the potential zkSync token airdrop has been palpable within the community. The airdrop, expected to be officially announced this month, will introduce a total supply of 21 billion tokens. However, the choice of ticker symbol for the token has sparked controversy.

Controversy Over zkSync’s Token Ticker Choice

zkSync intends to use the ticker ‘ZK,’ but this has caused issues since the Polyhedra Network has already claimed it. Despite this, zkSync might still proceed with the ZK ticker, noting that Binance has yet to list Polyhedra’s token.

Prominent figures in the ZK proof ecosystem, including Shafi Goldwasser, Silvio Micali, Sandeep Nailwal, Brendan Farmer, and Eli Ben-Sasson, have collectively criticized zkSync’s attempt to use the ZK ticker. Following extensive discussions, Matter Labs, the company behind zkSync, has decided to withdraw all trademark applications for the term ‘ZK.’

Meanwhile, zkSync recently completed the v24 upgrade of its zkSync Era software on the mainnet. This latest release includes several enhancements aimed at improving security and functionality for the Ethereum Layer 2 scaling solution.

June 2024, Cryptoniteuae

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