The highly anticipated ZKsync airdrop distribution plan has been finalized. The ZKsync Association will airdrop 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 claim the airdrop starting next week until January 3, 2025.
zkSync is an Ethereum Layer 2 chain that utilizes 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’s 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 amidst controversy. zkSync, an Ethereum Layer 2 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, leading to the launch of the zkSync Era mainnet in 2022. This mainnet supports EVM, introduces account abstraction features, and comes equipped with comprehensive development tools, attracting over 200 projects including Uniswap, 1inch, and more to deploy on the zkSync Era mainnet.
Previously, there were reports in the market that Matter Labs, the development company behind zkSync, had taken the use of the ZK token name further by submitting trademark applications in nine countries, attempting to establish “ZK” as Matter Labs’ exclusive intellectual property. This sparked outrage in the crypto industry, with several ZK projects such as StarkWare, Algorand, Polygon, Polyhedra Network, and Kakarot issuing a joint statement condemning Matter Labs’ actions.
On June 3rd, Matter Labs tweeted that, following discussions, they had decided to abandon all trademark applications for the term “ZK.” Matter Labs’ CEO stated: “This was not an easy decision. It increases legal risks, but the fundamental purpose of ZK is to help humanity shift from ‘do no evil’ to ‘cannot do evil,’ and I believe this is the right thing to do.”
In recent days, the criteria for zkSync’s airdrop has also sparked community controversy. ZKsync conducted eligibility checks based on every address that had transacted on ZKsync Era and ZKsync Lite to identify genuine users who had spent time exploring zkSync. However, many people found themselves empty-handed after checking their addresses.
As the airdrop is about to commence, phishing attacks on the network may increase. Here are some key security tips to help you safeguard against phishing when claiming the ZKsync airdrop:
1. Ensure you access ZKsync airdrop-related websites through official channels. Be cautious of any unknown links sent via email or private messages, as they could be phishing websites.
2. Verify the authenticity of the website. Before accessing a website, carefully check the spelling and domain of the URL. Phishing websites often use URLs very similar to official sites 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 for such information, stop the operation immediately.
As the zkSync 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 the increasing number of users and developers, security risks also rise.
In this context, security audits become crucial. Beosin, as a leading blockchain security company, plays a vital 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’s launch protocol. The audit includes code quality audits, contract logic and security audits, operational model audits, etc. The audit identified an issue with excessively high management permissions in the contract, allowing the contract owner to withdraw assets deposited by users before the project launch. The project team is aware of this issue and plans to use a multi-signature wallet to manage the project in the future.
To enhance security and compliance within the zkSync ecosystem, Beosin KYT has now integrated the zkSync network. This upgrade aims to provide comprehensive security and compliance support for projects and related exchanges within the zkSync ecosystem, further promoting the healthy development of the zkSync ecosystem.
In this context, preventing malicious addresses, identifying high-risk transactions, and conducting effective fund tracking become key tasks in ensuring the security and compliance of the zkSync ecosystem. The integration of Beosin KYT is designed to address these challenges and provide comprehensive security and compliance services.
Malicious address query:
Beosin KYT can identify and query malicious addresses in real-time on the zkSync network. 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.
Address transaction risk scoring:
Beosin KYT system provides detailed risk scoring for the transaction behavior of all participants in the zkSync network. These scores are based on the address’s transaction history, fund flow patterns, and interaction behavior, helping users assess the security and credibility of each address.
STR report output:
Beosin KYT system can generate detailed Suspicious Transaction Reports (STR), covering transaction backgrounds, behaviors, and potential risks. These reports help projects and exchanges identify and address potential compliance risks, ensuring compliance with relevant regulatory requirements.
On-chain fund tracking and tracing:
For complex fund flows, Beosin KYT provides powerful on-chain tracking and tracing capabilities. Whether it’s the source of funds, their destination, or the intermediate transfer paths, the KYT system offers comprehensive analysis and visual representation, helping users quickly identify abnormal fund flows and take appropriate measures.
Beosin’s Research on ZK Technology:
Previously, Beosin has conducted in-depth research on ZK technology, such as detailed explanations of the ERC-7520 draft: protection against zk-SNARK public input overflow attacks, and a deep analysis of zero-knowledge proof zk-SNARK vulnerabilities: why zero-knowledge proof systems are not foolproof?
Beosin has also shared security research analyses of some ZK cases, such as the $33 million ZKasino controversy, demonstrating a commitment to uncovering and preventing potential risks in ZK technology while actively promoting its application and development in practical projects. Through a deep understanding of technologies like 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, supporting every blockchain ZK project in achieving success in the future. Whether it’s helping projects audit smart contracts or providing security and compliance solutions for platforms like zkSync, Beosin, with its deep technical expertise and innovative capabilities, stands as a cornerstone in the field of blockchain security.
