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zkSync Airdrop: Almost Half of ZK Tokens Claimed Amid Tech Issues and Sybil Backlash
The post zkSync Airdrop: Almost Half of ZK Tokens Claimed Amid Tech Issues and Sybil Backlash appeared on BitcoinEthereumNews.com. We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum scaling solution zkSync has run into some issues during its highly anticipated and controversial ZK token airdrop. “The network is currently under high load. Some RPC services may experience degraded performance,” the team wrote on Twitter Monday morning. At the time of writing, the team has not yet said that the issues have been resolved. But despite the ongoing issues, ZK Nation—the community created to govern the ecosystem and token—said 45% of the airdropped tokens had already been claimed by more than 225,000 wallets. “It’s a Monday,” they joked, “don’t you have to work?” (1/2) The network is currently under high load. Some RPC services may experience degraded performance. Teams are working to increase RPC capacities. Stay tuned for updates. — ZKsync (∎, ∆) (@zksync) June 17, 2024 The ZK Nation team has spent the better part of the weekend responding to angry community members on Twitter and updating its Frequently Asked Questions documentation about the way Sybil detection was used to determine eligibility. Sybil attacks happen when a single user creates and controls a large number of accounts or wallets and uses them to gain outsized influence. But a very vocal group of users say the Sybil detection still let dodgy wallets through. ZK Nation has defended the way it performed the check, saying it was wary of being overly strict at the risk of excluding real users. Very sophisticated Sybil wallets, “fund accounts from many distinct exchange addresses, never interact with each other, use randomized amounts, and use software to randomize daily patterns of human behavior, and even perform activities unique to the…
The post zkSync Airdrop: Almost Half of ZK Tokens Claimed Amid Tech Issues and Sybil Backlash appeared on BitcoinEthereumNews.com.
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum scaling solution zkSync has run into some issues during its highly anticipated and controversial ZK token airdrop. “The network is currently under high load. Some RPC services may experience degraded performance,” the team wrote on Twitter Monday morning. At the time of writing, the team has not yet said that the issues have been resolved. But despite the ongoing issues, ZK Nation—the community created to govern the ecosystem and token—said 45% of the airdropped tokens had already been claimed by more than 225,000 wallets. “It’s a Monday,” they joked, “don’t you have to work?” (1/2) The network is currently under high load. Some RPC services may experience degraded performance. Teams are working to increase RPC capacities. Stay tuned for updates. — ZKsync (∎, ∆) (@zksync) June 17, 2024 The ZK Nation team has spent the better part of the weekend responding to angry community members on Twitter and updating its Frequently Asked Questions documentation about the way Sybil detection was used to determine eligibility. Sybil attacks happen when a single user creates and controls a large number of accounts or wallets and uses them to gain outsized influence. But a very vocal group of users say the Sybil detection still let dodgy wallets through. ZK Nation has defended the way it performed the check, saying it was wary of being overly strict at the risk of excluding real users. Very sophisticated Sybil wallets, “fund accounts from many distinct exchange addresses, never interact with each other, use randomized amounts, and use software to randomize daily patterns of human behavior, and even perform activities unique to the…
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