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Matter Labs draws backlash for comparisons made to its multichain architecture.
The ZK token opened at $0.31 and is down about 31% since then, trading at $0.22 at the time of writing, according to CoinGecko. The market capitalization stands at about $800 million, based on the circulating supply, with about 3.7 billion tokens eligible to be distributed. On a fully diluted basis, the market cap would [...]
The post ZKsync Airdrop of ‘ZK’ Token Puts Initial Market Cap Near $800M appeared first on Crypto Breaking News.
Several Ethereum-related projects including StarkWare, Polyhedra, and Polygon condemned Matter Labs’ efforts to trademark “zero-knowledge” as its intellectual property in a May 30 joint statement. The statement was signed by notable industry figures, including Polygon co-founders Sandeep Nailwal and Brendan Farmer, StarkWare CEO Eli Ben-Sasson, Polyhedra Network co-founder Tiancheng Xie, and Turing Award […]
The post Matter Labs faces backlash over ‘zero-knowledge’ trademark attempt appeared first on CryptoSlate.
The attempt to trademark ZK-proofs is like a baker trying to impose a blanket patent on bread, according to StarkWares CEO.
Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era. (Read More)
Developers can now deploy their registered projects on zkSync Era, though the network remains closed for end users.
The mysterious tweets from zkSync-related people are perhaps linked to the launch of the next phase of Matter Labs’ zkEVM.
ZkSync 2.0 is a Layer 2 solution working to scale Ethereum. (Read More)
Matter Labs is set to unveil its token specification in November as it looks toward full ecosystem functionality (Read More)
The prototype is set to be released in the beginning of 2023 and will be available for public experimentation.
Matter Labs, the company behind the zero-knowledge rollup zkSync, has announced the much anticipated zkSync 2.0 is closer than ever.
Ferrum Network, a cross-blockchain service company & ecosystem, has now announced it will integrate the zkSync Ethereum layer-2 scaling solution into its suite of products. This synergy comes following Ferrum’s participation in the Series B round for Matter Labs, creator of zkSync. zkSync is a user-centric zero-knowledge (ZK)-rollup platform for Ethereum and is live on […]
The post Ferrum Network integrating Matter Labs’ zkSync into its ecosystem, staking, and aggregator products appeared first on CryptoNinjas.
The funding will be used to further develop zkSync v2, which is currently live on testnet.
Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921 Ether (ETH) ($1.7 million) will be “stuck forever” in one of its new projects. The statement comes as one zkSync project is currently experiencing issues in transferring out the funds that it accumulated during its token sale. In a response tweet, [...]
The post zkSync Era denies 921 ETH ‘stuck forever’ in smart contract appeared first on Crypto Breaking News.
Polygon has accused zkSync's Matter Labs of plagiarism.
Matter Labs CEO Alex Gluchowski described Polygon Zero’s allegation that zkSync copied their code without proper attribution as “unfounded, misleading, and extremely disappointing,” according to an Aug. 4 post on X, formerly Twitter. Polygon’s plagiarism accusation On Aug. 3, Polygon Zero said Matter Labs copied “performance-critical components” of its Plonky2 zero-knowledge system code without proper […]
The post Matter Labs CEO dismisses Polygon Zero claims of zkSync plagiarism appeared first on CryptoSlate.
zkSync said that the entire team was at an offsite and couldn’t respond to the issues on time.
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