Monday, September 16, 2024
HomeCrypto GamingzkSync Slumps: OKX CEO Affords Counter-Narrative

zkSync Slumps: OKX CEO Affords Counter-Narrative

- Advertisment -
- Advertisment -
  • zkSync is going through backlash after touchdown, which some are calling a “rip-off”.
  • OKX CEO Star Xu disputes the criticism and cites disappointment on the relegation.
  • Trade leaders like Justin Solar and Binance's He Yi be part of the controversy.

OKX CEO Star Xu disputed the rising criticism of zkSync, a Layer 2 scaling answer for Ethereum. Many have accused zkSync of being a “rip-off”, particularly within the wake of its latest debacle. Nevertheless, Xu raised the chance that this response could stem from disappointment with the distribution of the airdrop.

The submit on X (previously Twitter) got here in response to a message despatched by influencer Sarkesh, a outstanding voice on the X platform. In a June 14 submit, Sarkesh claimed that zkSync was “trending as the most important rip-off.” Sarkesh added that zkSync is not thought-about the most effective layer 2 community, stating, “Not solely will we not use your community for the remainder of our lives, we are going to do every thing we will to destroy you.”

In response to Wu Blockchain, zkSync obtained lots of criticism after itemizing the token on Bybit. Trade figures, together with TRON founder Justin Solar, Binance co-founder He Yi and Star, have reportedly expressed issues in regards to the matter and highlighted completely different views.

- Advertisement -

Whereas Solar questioned whether or not the boycott was obligatory, Binance's Yi famous that the allegations may have stemmed from customers not getting airdrops. Star's submit in response to Sarkesh's criticism of zkSync learn:

“Why are many crypto influencers blaming zkSync as a rip-off? Is it as a result of the touchdown celebration doesn’t meet the unique expectations of the group?”

In the meantime, crypto analyst Adam Cochran criticized the zkSync touchdown, claiming it was not a “well-planned touchdown when it comes to stopping Sybil assaults.” He added, “Actual customers may simply work together with 1-2 dApps or only a handful of tokens in your chain when it's so new and has so few tasks.”

Disclaimer: The data offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any type. Coin Version shall not be answerable for any losses incurred on account of the usage of mentioned content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

- Advertisment -
- Advertisment -
RELATED ARTICLES
- Advertisment -
- Advertisment -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

- Advertisment -
- Advertisment -