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"Taiko: The Rebel Rollup That Has Vitalik Yawning Are You Going Up or Staying NGMI?"
🧠 Find out why this blockchain-based L2 has the cryptosphere hotter than a summer hard fork 🔥
Hey cryptobros and blockchain babes! 🚀 Ready for a crazy ride through the world of rollups? Hold on tight because we're going to talk about Taiko, the new cool kid on the L2 block. 😎
Have you ever wondered what it would be like if Ethereum had a rebellious child with a database? 🤔 Well, welcome to blockchain-based rollups! And Taiko is like the child prodigy of this crazy family.
Hey cryptobros and blockchain babes! 🚀 Ready for a crazy ride through the world of rollups? Hold on tight because we're going to talk about Taiko, the new cool kid on the L2 block. 😎
Have you ever wondered what it would be like if Ethereum had a rebellious child with a database? 🤔 Well, welcome to blockchain-based rollups! And Taiko is like the child prodigy of this crazy family.
【Chart of the Day】#Ethereum #layer2 scaling solution ZKsync announced that they would airdrop 3.675 billion ZK tokens, representing 17.5% of ZK’s 21 billion total token supply, to 695,232 eligible wallets beginning next week.
As a long-existing L2 project, ZKsync is late to launch its token compared to peers of the same time, such as Arbitrum and Optimism. According to the distribution plan released Tuesday, ZKsync users who have transacted on ZKsync and met a threshold of activity will account for 89% of the long-waited airdrop, while contributors, including builders, on-chain communities, and ZKsync native projects, will account for 11%.
The team also shared that Matter Labs employees will get 16.1% of ZK tokens and Matter Labs investors 17.2%. Those tokens will be locked for a year and then unlocked over three more years.
While the #airdrop is the largest among major #rollups to date, community members expressed discontent with the protocol’s eligibility data as they believe #Sybil accounts could receive up to 2 million tokens.
This may have led to the huge fluctuations in ZK tokens’ prices on various pre-market platforms. Prices from Aevo valued ZK at $0.3472, with a 47.55% drop in 24 hours, and those from Whales were $0.3564, with a 10.1% drop in 24 hours.
According to L2Beat, ZKsync ranks 8th among all layer2 scaling solutions with a TVL of $755.40 million. Last month, ZKsync got into tensions with Polyhedra Network over the ticker symbol “ZK,” which Polyhedra had initially chosen earlier this year.
As a long-existing L2 project, ZKsync is late to launch its token compared to peers of the same time, such as Arbitrum and Optimism. According to the distribution plan released Tuesday, ZKsync users who have transacted on ZKsync and met a threshold of activity will account for 89% of the long-waited airdrop, while contributors, including builders, on-chain communities, and ZKsync native projects, will account for 11%.
The team also shared that Matter Labs employees will get 16.1% of ZK tokens and Matter Labs investors 17.2%. Those tokens will be locked for a year and then unlocked over three more years.
While the #airdrop is the largest among major #rollups to date, community members expressed discontent with the protocol’s eligibility data as they believe #Sybil accounts could receive up to 2 million tokens.
This may have led to the huge fluctuations in ZK tokens’ prices on various pre-market platforms. Prices from Aevo valued ZK at $0.3472, with a 47.55% drop in 24 hours, and those from Whales were $0.3564, with a 10.1% drop in 24 hours.
According to L2Beat, ZKsync ranks 8th among all layer2 scaling solutions with a TVL of $755.40 million. Last month, ZKsync got into tensions with Polyhedra Network over the ticker symbol “ZK,” which Polyhedra had initially chosen earlier this year.
Vitalik Buterin Announces Massive Ethereum Change
Vitalik Buterin highlights the urgency of enhancing rollup security. His call to action is for the Ethereum community to elevate standards.
* Rollups are crucial for Ethereum's scaling, but many lack robust code-based security.
* Buterin advocates for redefining "rollup" to only include those with "Stage 1" security or higher.
* The ultimate goal is "Stage 2": complete reliance on code for security.
Agree with Vitalik? Share your thoughts and let's drive progress for secure, scalable Ethereum.
#Ethereum #rollups #layer2 #security #blockchain
Vitalik Buterin highlights the urgency of enhancing rollup security. His call to action is for the Ethereum community to elevate standards.
* Rollups are crucial for Ethereum's scaling, but many lack robust code-based security.
* Buterin advocates for redefining "rollup" to only include those with "Stage 1" security or higher.
* The ultimate goal is "Stage 2": complete reliance on code for security.
Agree with Vitalik? Share your thoughts and let's drive progress for secure, scalable Ethereum.
#Ethereum #rollups #layer2 #security #blockchain