The highly anticipated ZKsync airdrop distribution plan has been finalized. The ZKsync Association will be airdropping a one-time total of 3.6 billion ZK tokens to early users and adopters of ZKsync next week, with 695,232 eligible wallets. The snapshot was taken on March 24th, and community members can start claiming the airdrop from next week until January 3, 2025.
zkSync is an Ethereum Layer 2 chain that uses zero-knowledge rollup (ZK rollup) technology to address Ethereum’s scalability issues. zkSync aims to provide cheaper and faster transactions on the Ethereum blockchain and become the home for many popular Ethereum applications. If successful, we could see major decentralized exchanges and DeFi protocols expand to the zkSync layer, allowing cryptocurrency users to access these tools at a lower cost.
However, whether it was the earlier dispute over the zk trademark application by the parent company of zkSync or the current airdrop controversy, zkSync has once again been thrust into the spotlight.
The powerful zkSync finds itself in the midst of controversy once again. zkSync, an Ethereum L2 solution launched by the Matter Labs team five years ago, utilizes zero-knowledge proof technology for efficient transaction verification and has raised over $200 million in funding. In 2020, zkSync Lite 1.0 was officially launched. Subsequently, the Matter Labs team made improvements and optimizations based on this and launched the zkSync Era mainnet in 2022. The mainnet supports EVM, introduces account abstraction features, and comes equipped with complete development tools, attracting over 200 projects including Uniswap and 1inch to deploy on the zkSync Era mainnet.
Earlier reports indicated that Matter Labs, the development company behind zkSync, had taken further steps beyond using ZK as the token name by submitting trademark applications in nine countries, attempting to establish “ZK” as Matter Labs’ exclusive intellectual property. This move angered the cryptocurrency industry, with several ZK projects including StarkWare, Algorand, Polygon, Polyhedra Network, and Kakarot jointly issuing a statement condemning Matter Labs’ actions.
On June 3rd, Matter Labs tweeted that, following previous discussions, they had decided to abandon all trademark applications for the term “ZK.” The CEO of Matter Labs stated that this was not a simple decision, as it increased legal risks, but the fundamental purpose of ZK is to help humanity shift from “doing no evil” to “unable to do evil,” and he believed that this decision was the right one.
In recent days, the criteria for zkSync’s airdrop has also sparked community controversy. zkSync conducted eligibility checks on every address that had conducted transactions on ZKsync Era and ZKsync Lite to identify genuine users who had taken the time to explore zkSync. However, many users found themselves empty-handed after checking their addresses.
As the airdrop is about to begin, phishing attacks on the network may increase. Here are some key security tips to help you guard against phishing when claiming the ZKsync airdrop:
1. Ensure that you access the ZKsync airdrop-related websites through official channels. Any links sent via email or private messages may be phishing websites, so be cautious.
2. Verify the authenticity of the website by carefully checking the spelling and domain of the URL before accessing it. Phishing websites often use URLs that are very similar to official websites to deceive users into entering sensitive information.
3. Do not provide private keys, mnemonic phrases, or any other personal sensitive information to claim the airdrop. If you receive any requests to provide this information, stop the operation immediately.
As zkSync’s ecosystem continues to grow and expand, ensuring its security becomes increasingly important. zkSync, as one of Ethereum’s Layer 2 scaling solutions, aims to provide more efficient transaction processing capabilities and lower transaction costs. However, with an increase in users and developers comes an increase in security risks.
In this context, security audits become crucial. Beosin, a leading blockchain security company, has played a key role in ensuring the security of the zkSync ecosystem, providing robust security protection for projects on zkSync.
Currently, Beosin has completed an audit of the SyncSwap project launch protocol. The audit includes code quality audits, contract logic and security audits, runtime model audits, etc. The audit found an issue of excessive management permissions in the contract, where the contract owner can withdraw assets deposited by users before the project launch. The project team is aware of this issue and has stated that they will use a multi-signature wallet to manage the project in the future.
To enhance the security and compliance of the zkSync ecosystem, Beosin KYT has now integrated with the zkSync network. This upgrade aims to provide comprehensive security and compliance support for projects and related exchanges in the zkSync ecosystem, further driving the healthy development of the zkSync ecosystem.
In this context, preventing malicious addresses, identifying high-risk transactions, and conducting effective fund tracking become crucial tasks to safeguard the security and compliance of the zkSync ecosystem. The integration of Beosin KYT is designed to address these challenges, providing comprehensive security and compliance services.
Beosin KYT can identify and query malicious addresses in the zkSync network in real-time. By analyzing on-chain data and historical behavior, the KYT system can quickly flag suspicious addresses, providing timely alerts and risk warnings to projects and exchanges.
For all participants in the zkSync network, the Beosin KYT system provides detailed risk scores based on the address’s transaction history, fund flow patterns, and interaction behavior, helping users assess the security and credibility of each address.
The KYT system can generate detailed Suspicious Transaction Reports (STR), covering the background, behavior, and potential risks of transactions. These reports help projects and exchanges identify and address potential compliance risks, ensuring compliance with relevant regulatory requirements.
For complex fund flows, the Beosin KYT system provides powerful on-chain tracking and tracing capabilities. Whether it’s the source, destination, or intermediate transfer paths of funds, the KYT system can provide comprehensive analysis and visual display, helping users quickly identify abnormal fund flows and take appropriate measures.
Beosin’s research on ZK technology has delved deeply into various aspects. For example, they have detailed explanations of the ERC-7520 draft: zk-SNARK public input overflow attack protection, in-depth analysis of zero-knowledge proof zk-SNARK vulnerabilities: why zero-knowledge proof systems are not foolproof, and security research analysis of some ZK cases, including ZKasino’s controversial exit scam involving $33 million. Beosin is not only committed to revealing and preventing potential risks in ZK technology but also actively promoting its application and development in practical projects. Through a deep understanding of technologies such as zk-SNARK and zk-Rollups, Beosin provides comprehensive support for developers from theoretical research to practical application.
In the future, as ZK technology continues to evolve and be widely applied, security protection will become increasingly important. Beosin will continue to lead blockchain security research and technological development, helping every blockchain ZK project striving for excellence to succeed in the future. Whether it’s helping project audits of smart contracts or providing security and compliance solutions for platforms like zkSync, Beosin, with its deep technical expertise and innovative capabilities, will be a cornerstone in the field of blockchain security.
