OKX CEO Star Xu has questioned the growing criticism surrounding zkSync, a layer-2 scaling solution for Ethereum. Many have accused zkSync of being a “scam,” particularly in the wake of its recent airdrop. Xu, however, has raised the possibility that this backlash might stem from disappointment over the airdrop’s distribution.
Why a lot of crypto influencers blame zksync as a scam? Is it because of the airdrop doesn’t meet the original community expectations? https://t.co/qimSoQ6efH
— Star (@star_okx) June 15, 2024
The post on X (formerly Twitter) came in response to a message posted by influencer Sarkesh, a prominent voice on the X platform. In a post dated June 14, Sarkesh asserted that zkSync is “trending as the biggest scammer.” Adding that zkSync is no longer considered the best layer 2 network, Sarkesh stated, “Not only will we not use your network for the rest of our lives, we will do everything to destroy you.”
You are no longer trending as the best layer 2 network
You are trending as the biggest scammer
Not only will we not transact with your network for the rest of our lives, we will do everything to destroy you.
Wait 😉👊@zksync #zksync#ZKscam#ZKsyncscam pic.twitter.com/4tqtmkEa7i— Sarkesh (@navgan_) June 14, 2024
According to Wu Blockchain, zkSync received a lot of criticism after its token listing on Bybit. Industry figures, including TRON founder Justin Sun, Binance co-founder He Yi, and Star, reportedly raised concerns over the matter, highlighting diverse perspectives.
While Sun inquired if a boycott is essential, Binance’s Yi commented that the allegations may have risen from users not receiving the airdrop. Star’s post in response to Sarkesh’s criticism of zkSync read:
“Why a lot of crypto influencers blame zkSync as a scam? Is it because of the airdrop doesn’t meet the original community expectations?”
Meanwhile, cryptocurrency analyst Adam Cochran criticized the zkSync airdrop, asserting that it wasn’t a “well-planned airdrop from a Sybil attack prevention perspective.” He added, “Real users could easily have interacted with 1-2 dApps or only a handful of tokens on your chain when it’s so new and has so few projects.”
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