Solana co-founder Anatoly Yakovenko has raised concerns about the Ethereum layer-2 network ZKsync, questioning its level of decentralization despite claims of community governance. Yakovenko highlighted the potential vulnerability of ZKsync's system to legal intervention, compromising its decentralization. In response, Matter Labs CEO Alex Gluchowski defended ZKsync's new decentralized governance system, emphasizing a move towards full decentralization. The governance structure includes a Token Assembly, Security Council, and Guardians, working collaboratively to review and execute proposals. While ZKsync aims to prevent unilateral control over upgrades, concerns about centralization persist in the crypto space. The market report by CryptoSlate analyzes Bitcoin's historical returns, hinting at potential patterns for 2024. It is advised to conduct thorough research before engaging in cryptocurrency trading, as it is a high-risk activity. Read more AI-generated news on: https://app.chaingpt.org/news

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