zksync Archives - Top Crypto Game https://topcryptogame.com/tag/zksync/ The latest crypto news! Sat, 14 Sep 2024 07:47:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png zksync Archives - Top Crypto Game https://topcryptogame.com/tag/zksync/ 32 32 Ethereum layer-2 ZKsync faces scrutiny from Solana co-founder https://topcryptogame.com/ethereum-layer-2-zksync-faces-scrutiny-from-solana-co-founder/ https://topcryptogame.com/ethereum-layer-2-zksync-faces-scrutiny-from-solana-co-founder/#respond Sat, 14 Sep 2024 07:47:59 +0000 https://topcryptogame.com/ethereum-layer-2-zksync-faces-scrutiny-from-solana-co-founder/ Solana co-founder Anatoly Yakovenko has criticized the Ethereum layer-2 network ZKsync because it still operates like a multisig system despite claims of community-led governance. In a post on X (formerly Twitter), Yakovenko argued that the same “honest majority” assumptions apply to ZKsync because its system’s legal or technical control could easily fall under the jurisdiction […]

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Solana co-founder Anatoly Yakovenko has criticized the Ethereum layer-2 network ZKsync because it still operates like a multisig system despite claims of community-led governance.

In a post on X (formerly Twitter), Yakovenko argued that the same “honest majority” assumptions apply to ZKsync because its system’s legal or technical control could easily fall under the jurisdiction of a court, compromising its decentralization.

According to him:

“Enough of the token holders to create a quorum and enough of the ‘professional security council’ could be within reach of a rando US bankruptcy judge that could order all of them take all the bridged assets under control of a bankruptcy trust.”

His comments were in response to Alex Gluchowski, co-founder and CEO of Matter Labs, the team behind ZKsync. Gluchowski had claimed the network’s new decentralized governance system was not a multisig setup and making “a critical step towards Stage 2.”

Stage 2 refers to a transition from partial to full decentralization. In this stage, trust is placed entirely in the blockchain’s code and algorithms, ensuring the system is open, secure, and resistant to manipulation.

Notably, no Ethereum layer-2 network is entirely in Stage 2 of its decentralization development.

Decentralized governance

On Sept. 12, Gluchowski announced that ZKsync’s governance system had gone live.

The system introduces a three-body structure, which includes the ZK token assembly—a group of token holders who delegate their voting power to delegates. These delegates can submit and vote on protocol, token, and governance upgrade proposals.

According to the team:

“This is perhaps the most important facet of the system: token holders and their Delegates can initiate ordinary upgrades to the ZKsync protocol directly onchain, instead of relying on a single multisig.”

Meanwhile, Delegates will also have legal protection through the ZKsync Association, an ownerless non-profit that addresses personal liability concerns.

The second part of the governance structure is the ZKsync Security Council, which consists of engineers, auditors, and security professionals. The Council has the power to review and actively approve protocol upgrades, freeze the protocol, and submit necessary time-sensitive upgrades.

However, their power is constrained as they cannot submit and approve upgrades unilaterally.

Lastly, the ZKsync Guardians ensure governance proposals align with the principles of the ZK Credo. They hold veto power and serve as a check on the other governance bodies.

The three governance entities—the Token Assembly, Security Council, and Guardians—collaborate to review and execute proposals, such as ZKsync Improvements, Token Programs, and Governance Advisory changes. The Token Assembly can submit proposals, which the Guardians can veto if needed, and the Security Council must approve protocol upgrades.

Essentially, this structure prevents individuals or groups from having unilateral control over proposals and upgrades.

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]]> https://topcryptogame.com/ethereum-layer-2-zksync-faces-scrutiny-from-solana-co-founder/feed/ 0 Top 7 Web 3.0 Crypto Altcoins With Absurd Potential https://topcryptogame.com/top-7-web-3-0-crypto-altcoins-with-absurd-potential/ https://topcryptogame.com/top-7-web-3-0-crypto-altcoins-with-absurd-potential/#respond Sun, 07 Jul 2024 18:45:43 +0000 https://topcryptogame.com/top-7-web-3-0-crypto-altcoins-with-absurd-potential/ Web3. It means lots of things to lots of people: Data ownership, NFTs, Ethereum, crypto, altcoins, etc. But we have our own ideas and 3 big themes we think will lead Web3 and 7 coins that follow these themes and could become cryptocurrency leaders in a very short time. Get 4 months for free on […]

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Web3. It means lots of things to lots of people: Data ownership, NFTs, Ethereum, crypto, altcoins, etc. But we have our own ideas and 3 big themes we think will lead Web3 and 7 coins that follow these themes and could become cryptocurrency leaders in a very short time.

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⏱ TIMESTAMPS
0:00 Nord VPN Offer
1:51 Web3 and Crypto Innovation
3:05 Polkadot DOT
4:59 Cosmos ATOM
6:30 Polygon MATIC
7:30 FUSE
8:32 Celo
9:40 Lukso LYXE
10:39 zkSync
11:38 Summary

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]]> https://topcryptogame.com/top-7-web-3-0-crypto-altcoins-with-absurd-potential/feed/ 0 Unlock ULTRA Early VC Crypto Gems with Common Wealth Airdrops https://topcryptogame.com/unlock-ultra-early-vc-crypto-gems-with-common-wealth-airdrops/ https://topcryptogame.com/unlock-ultra-early-vc-crypto-gems-with-common-wealth-airdrops/#respond Tue, 18 Jun 2024 14:25:48 +0000 https://topcryptogame.com/unlock-ultra-early-vc-crypto-gems-with-common-wealth-airdrops/ Being early in crypto is sometimes easier said than done. VCs tend to be the first choice when it comes to private or seed sales. Common Wealth is about to change this and offers a level playfield for early investors. Now everybody has a fair chance. Official Link – Altcoin Buzz Trading: ✅ Get exclusive […]

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Being early in crypto is sometimes easier said than done. VCs tend to be the first choice when it comes to private or seed sales. Common Wealth is about to change this and offers a level playfield for early investors. Now everybody has a fair chance.

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]]> https://topcryptogame.com/unlock-ultra-early-vc-crypto-gems-with-common-wealth-airdrops/feed/ 0 The EASIEST 10x Altcoin | Massive Chainlink Solana News https://topcryptogame.com/the-easiest-10x-altcoin-massive-chainlink-solana-news/ https://topcryptogame.com/the-easiest-10x-altcoin-massive-chainlink-solana-news/#respond Wed, 27 Mar 2024 01:59:17 +0000 https://topcryptogame.com/the-easiest-10x-altcoin-massive-chainlink-solana-news/ Edu3Labs is the new Udemy for Web3. Find out more here – Chainlink CCIP revenue is on the rise, Solana hits NEW ATH in market cap and Edu3labs launches an airdrop hunter tool! Bitcoin dumps 10% overnight plus Space and Time is coming to zkSync FREE REPORT! Market Dynamics: Why This Halving Could Be Different! […]

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]]>

Edu3Labs is the new Udemy for Web3. Find out more here –

Chainlink CCIP revenue is on the rise, Solana hits NEW ATH in market cap and Edu3labs launches an airdrop hunter tool! Bitcoin dumps 10% overnight plus Space and Time is coming to zkSync

FREE REPORT! Market Dynamics: Why This Halving Could Be Different!

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2:09 Solana hits NEW ATH in market cap
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#cryptonews #bitcoin #chainlink #solana

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]]> https://topcryptogame.com/the-easiest-10x-altcoin-massive-chainlink-solana-news/feed/ 0 TRUMP Sets Off Crypto Price Rally – 400%!! But I am SCARED ⚠️ https://topcryptogame.com/trump-sets-off-crypto-price-rally-400-but-i-am-scared-%e2%9a%a0%ef%b8%8f/ https://topcryptogame.com/trump-sets-off-crypto-price-rally-400-but-i-am-scared-%e2%9a%a0%ef%b8%8f/#respond Tue, 31 Oct 2023 00:50:35 +0000 https://topcryptogame.com/trump-sets-off-crypto-price-rally-400-but-i-am-scared-%e2%9a%a0%ef%b8%8f/ Has Trump set off an altcoin rally after his speech telling the world the the USD is falling? Altcoins are up, BTC is recovering, and zkSync Era is attracting a lot of users! 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ ⏱️ […]

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Has Trump set off an altcoin rally after his speech telling the world the the USD is falling? Altcoins are up, BTC is recovering, and zkSync Era is attracting a lot of users!

🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡

⏱ TIMESTAMPS
00:00 INTRO
0:24 BTC to 30k?
1:18 Uniswap forks, and gains more TVL
2:03 Arbitrum making a comeback after it’s FUD?
3:29 The USD in decline, new BRIC currency?
5:10 THIS could send crypto DOWN!
6:21 Trump NFT’s rallied 400%
7:01 zkSync Era attracts MILLIONS amid potential airdrop

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#cryptonews #trump #altcoins #altseason

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]]> https://topcryptogame.com/trump-sets-off-crypto-price-rally-400-but-i-am-scared-%e2%9a%a0%ef%b8%8f/feed/ 0 6 SUPER BULLISH Polygon MATIC Competitors | Arbitrum & more https://topcryptogame.com/6-super-bullish-polygon-matic-competitors-arbitrum-more/ https://topcryptogame.com/6-super-bullish-polygon-matic-competitors-arbitrum-more/#respond Sun, 01 Oct 2023 22:41:53 +0000 https://topcryptogame.com/6-super-bullish-polygon-matic-competitors-arbitrum-more/ Polygon MATIC currently reigns over the Ethereum Layer 2 solutions. However, competition is stiff, and crypto projects could easily bypass them. We look at 6 Polygon competitors that have great potential to dominate the altcoin space. This list includes Arbitrum which is coming up with a crypto airdrop soon!! ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬▬● 📖 Read the Article: ⏱️ […]

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Polygon MATIC currently reigns over the Ethereum Layer 2 solutions. However, competition is stiff, and crypto projects could easily bypass them. We look at 6 Polygon competitors that have great potential to dominate the altcoin space. This list includes Arbitrum which is coming up with a crypto airdrop soon!!

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⏱ TIMESTAMPS
0:00 Polygon MATIC Crypto Partnerships
1:29 Immutable X IMX
3:37 Arbitrum
5:44 Celer Network CELR
7:13 Loopring LRC
8:34 Starknet
10:35 zkSync
11:44 Summary

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Please do your own due diligence and rating before making any investments and consult your financial advisor.Ibelieve that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

#polygon #matic #ethereum #crypto #layer2

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]]> https://topcryptogame.com/6-super-bullish-polygon-matic-competitors-arbitrum-more/feed/ 0 MASSIVE $5000+ Crypto Airdrop Opportunity | zkSync Airdrop & More https://topcryptogame.com/massive-5000-crypto-airdrop-opportunity-zksync-airdrop-more/ https://topcryptogame.com/massive-5000-crypto-airdrop-opportunity-zksync-airdrop-more/#respond Thu, 24 Aug 2023 10:27:35 +0000 https://topcryptogame.com/massive-5000-crypto-airdrop-opportunity-zksync-airdrop-more/ Airdrops are a great way to get ‘free money’. Right now zkSync airdrop and Polygon MATIC airdrop are the hottest ones. Some airdrops are easy to take part in, while others require a bit more technical knowledge. For example, you need to bridge assets from one chain to another. We found two imminent airdrops that […]

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Airdrops are a great way to get ‘free money’. Right now zkSync airdrop and Polygon MATIC airdrop are the hottest ones. Some airdrops are easy to take part in, while others require a bit more technical knowledge. For example, you need to bridge assets from one chain to another. We found two imminent airdrops that you can take part in.

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ZkSync Airdrop Guide: How to Get $1000+ Worth in Free Tokens

⏱ TIMESTAMPS
0:00 Crypto Airdrops: Aptos, Arbitrum, Optimism
1:20 zkSync airdrop
5:06 Polygon zkEVM

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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#crypto #airdrop #polygon

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]]> https://topcryptogame.com/massive-5000-crypto-airdrop-opportunity-zksync-airdrop-more/feed/ 0 2 GUARANTEED BIG Crypto Airdrops | Lens Protocol & LayerZero!! https://topcryptogame.com/2-guaranteed-big-crypto-airdrops-lens-protocol-layerzero/ https://topcryptogame.com/2-guaranteed-big-crypto-airdrops-lens-protocol-layerzero/#respond Fri, 16 Jun 2023 16:51:53 +0000 https://topcryptogame.com/2-guaranteed-big-crypto-airdrops-lens-protocol-layerzero/ Crypto Airdrops are a great way to get free money. You need to be prepared to do some groundwork and complete tasks. However, the rewards can be well worth it, up to thousands of dollars. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR […]

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Crypto Airdrops are a great way to get free money. You need to be prepared to do some groundwork and complete tasks. However, the rewards can be well worth it, up to thousands of dollars.

🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡

Layerzero

Metamask

Math Wallet

Stargate

Martian Wallet

Metis

Lens Protocol

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⏱ TIMESTAMPS
0:00 Arbitrum ARB and Aptos Crypto Airdrops
0:45 Layer Zero
4:49 Lens Protocol

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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#airdrop #arbitrum #aptos

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]]> https://topcryptogame.com/2-guaranteed-big-crypto-airdrops-lens-protocol-layerzero/feed/ 0 I Plan to Make MILLIONS With Ethereum ETH 🤑 zkSync Airdrop get BIGGER https://topcryptogame.com/i-plan-to-make-millions-with-ethereum-eth-%f0%9f%a4%91-zksync-airdrop-get-bigger/ https://topcryptogame.com/i-plan-to-make-millions-with-ethereum-eth-%f0%9f%a4%91-zksync-airdrop-get-bigger/#respond Mon, 12 Jun 2023 16:26:44 +0000 https://topcryptogame.com/i-plan-to-make-millions-with-ethereum-eth-%f0%9f%a4%91-zksync-airdrop-get-bigger/ Ethereum could have an insane Q2 2023, the zksync airdrop may be getting bigger, and Arbitrum is facing controversy these weekend! Join the new KyberSwap ambassador program and receive these great perks – 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ ⏱️ […]

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Ethereum could have an insane Q2 2023, the zksync airdrop may be getting bigger, and Arbitrum is facing controversy these weekend!

Join the new KyberSwap ambassador program and receive these great perks –

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⏱ TIMESTAMPS
00:00 INTRO
0:24 BTC barely holding on with OPEC+ Oil
1:38 Arbitrum faces Drama over Arb Foundation Proposal
3:31 ETH to rally 80% by June?
5:42 KyberSwap ambassador program opens up
6:47 zkSync sees massive first 7 days on mainnet!

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

#cryptonews #arbitrum #zksync #ethereum

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The post I Plan to Make MILLIONS With Ethereum ETH 🤑 zkSync Airdrop get BIGGER appeared first on Top Crypto Game.

]]> https://topcryptogame.com/i-plan-to-make-millions-with-ethereum-eth-%f0%9f%a4%91-zksync-airdrop-get-bigger/feed/ 0 Missed ARB Arbitrum?? The Next BILLION Dollar Crypto Airdrop is zkSync https://topcryptogame.com/missed-arb-arbitrum-the-next-billion-dollar-crypto-airdrop-is-zksync/ https://topcryptogame.com/missed-arb-arbitrum-the-next-billion-dollar-crypto-airdrop-is-zksync/#respond Sat, 06 May 2023 05:23:52 +0000 https://topcryptogame.com/missed-arb-arbitrum-the-next-billion-dollar-crypto-airdrop-is-zksync/ Crypto airdrops are a great way to get free money. This week we saw the Arbitrum ARB airdrop where people made between $600 and $50,000. The zkSync airdrop is supposed to be even bigger. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ […]

The post Missed ARB Arbitrum?? The Next BILLION Dollar Crypto Airdrop is zkSync appeared first on Top Crypto Game.

]]>

Crypto airdrops are a great way to get free money. This week we saw the Arbitrum ARB airdrop where people made between $600 and $50,000. The zkSync airdrop is supposed to be even bigger.

🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡

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⏱ TIMESTAMPS
0:00 Arbitrum ARB Crypto Airdrop
0:51 Intro to zkSync
1:42 Metamask vs Argent X Wallet
2:22 Orbiter Bridge
2:41 Zig Zag Exchange and Pinata NFTs
3:12 Transfer ETH via bridge
3:46 Final Tips and Fees

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

arbitrum airdrop zksync airdrop

#arbitrum #arb #zksync

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]]> https://topcryptogame.com/missed-arb-arbitrum-the-next-billion-dollar-crypto-airdrop-is-zksync/feed/ 0 Top 10 FREE Crypto Airdrops in 2023! #shorts https://topcryptogame.com/top-10-free-crypto-airdrops-in-2023-shorts/ https://topcryptogame.com/top-10-free-crypto-airdrops-in-2023-shorts/#respond Tue, 21 Feb 2023 09:16:03 +0000 https://topcryptogame.com/top-10-free-crypto-airdrops-in-2023-shorts/ Here’s the Top 10 FREE Crypto Airdrops in 2023! ●▬▬▬▬▬▬▬▬Ongoing Offers▬▬▬▬▬▬▬▬▬● 💵ALTCOIN BUZZ + BINANCE Get Up To $600* On Sign Up + Win a Share of $1,000 Become a Top Trader and win a share of $1,000! ✅5 traders with the highest trading volume will share $750 ✅ 5 lucky draw winners will get […]

The post Top 10 FREE Crypto Airdrops in 2023! #shorts appeared first on Top Crypto Game.

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Here’s the Top 10 FREE Crypto Airdrops in 2023!

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Use this checklist to help you with the research and due diligence process for any crypto project.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

#cryptonews #coldstoragewallet #binance #shorts

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The post Top 10 FREE Crypto Airdrops in 2023! #shorts appeared first on Top Crypto Game.

]]> https://topcryptogame.com/top-10-free-crypto-airdrops-in-2023-shorts/feed/ 0 ULTIMATE Ethereum Scaling Solution – ZK Rollups & Optimistic Rollups| Loopring & More https://topcryptogame.com/ultimate-ethereum-scaling-solution-zk-rollups-optimistic-rollups-loopring-more/ https://topcryptogame.com/ultimate-ethereum-scaling-solution-zk-rollups-optimistic-rollups-loopring-more/#respond Sat, 12 Mar 2022 15:33:21 +0000 https://topcryptogame.com/ultimate-ethereum-scaling-solution-zk-rollups-optimistic-rollups-loopring-more/ Persistent Ethereum gas fees issues and slow transactions demand immediate scaling solutions. And the most prominent solutions that have proved to cater the need are ZK Rollups and Optimistic Rollups. Zero Knowledge (ZK) proofs are a way to share information without revealing everything. They are the basis for rollups called ZK Rollups that help Layer […]

The post ULTIMATE Ethereum Scaling Solution – ZK Rollups & Optimistic Rollups| Loopring & More appeared first on Top Crypto Game.

]]>

Persistent Ethereum gas fees issues and slow transactions demand immediate scaling solutions. And the most prominent solutions that have proved to cater the need are ZK Rollups and Optimistic Rollups. Zero Knowledge (ZK) proofs are a way to share information without revealing everything. They are the basis for rollups called ZK Rollups that help Layer 2 protocols take some of the pressure, time, and pricing off of the bloated Ethereum blockchain. Ethereum’s gas fees are so high, that it’s almost impossible to move small amounts of money without using Layer 2 solutions like ZK Rollups and Optimistic Rollups.

So in this video, we look at Hermez (who is now part of Polygon), Loopring, ZK Sync, Arbitrum One, and Optimism to look at the advantages and disadvantages of using ZK Rollups. See why these are becoming popular Ethereum L2 solutions.

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⏱ TIMESTAMPS
0:00 Intro to ZK Rollups
3:01 Pros and Cons
4:29 Hermez Network HEZ
5:59 Loopring LRC
6:33 zkSync
7:22 Arbitrum One
8:09 Optimism

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

#ethereum #eth #zkrollups

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