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zkSync Token Airdrop Faces Backlash Over Lack of Anti-Sybil Measures
Ethereum's zero-knowledge (ZK) layer-2 scaler zkSync has faced criticism from the crypto industry for its recent token airdrop of the self-titled ZK token.
#zkSync #ZKairdrop #Ethereum #Layer2 #Crypto #Airdrop #ZKtoken #ZKcommunity #crypto #web3 #zksyncscam #zksyncairdrop #airdrops #airdropfarming #zf #zk
The main points of contention for the ZKSync airdrop
Lack of effective anti-Sybil measures
Unfair distribution and potential for airdrop farming
Key Highlights of the ZKSync Airdrop
Mudit Gupta, the information security chief of rival layer-2 network Polygon, called it the "most farmable and farmed airdrop ever probably."
Crypto industry experts criticized zkSync's eligibility criteria as being easy to game and lacking proper anti-Sybil protections.
Nansen, a crypto analytics firm, clarified that it didn't perform anti-Sybil checks or advise on allocations but provided data on specific wallet segments.
zkSync purposefully didn't apply strict anti-Sybil measures, claiming that "Sybil detection often cuts out real users with arbitrary filters."
Preliminary estimations suggest that up to 135 million ZK tokens, worth around $52.3 million, could be headed for Sybil wallets.
The ZK token has dropped around 43% in the past 24 hours on pre-market perpetual exchanges, with sharp drops coinciding with the airdrop details release.
Potential Consequences of the ZKSync Airdrop
The lack of effective anti-Sybil measures could lead to an unfair distribution of tokens, benefiting airdrop farmers and Sybil wallets.
The backlash and criticism from the crypto industry could damage zkSync's reputation and credibility.
The significant price drop of the ZK token could impact investor confidence and the project's overall success.
The zkSync token airdrop has sparked a debate within the crypto community about the importance of implementing robust anti-Sybil measures and fair distribution mechanisms for token launches and airdrops.
Here are the official websites and social media accounts for ZKSync:
Websites:
👉 [ Ссылка ] (Official ZKSync website)
👉 [ Ссылка ] (ZKSync Block Explorer)
Social Media:
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👉 Discord: [ Ссылка ]
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