ZkSync Tackles Sybil Issues While Binance Gears Up for ZK Token Airdrop

Last Updated on June 17, 2024

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Key Takeaways:

  • Sybil Attack Measures: zkSync defends its approach to mitigate Sybil attacks during the ZK token airdrop.
  • Binance Airdrop: Binance to distribute 10.5 million ZK tokens to over 52,000 users not eligible for the official airdrop.
  • Trading and Eligibility: Binance will start trading ZK tokens on June 17; eligibility required at least 50 transactions on zkSync Era between February 2023 and March 2024.

ZkSync has defended its measures to combat Sybil attacks during the zkSync (ZK) token airdrop set to launch on June 17.

In a FAQ document, zkSync explained that while their Sybil filtering aimed to ensure a fair distribution, some Sybil wallets inevitably slipped through due to sophisticated techniques mimicking real users.

Their filtering method included value scaling and multipliers to distinguish genuine users from Sybils without overly aggressive exclusion.

Meanwhile, Binance announced a separate ZK token airdrop for those not eligible for the official airdrop, distributing 10.5 million ZK tokens to over 52,000 users.

Eligibility criteria included making at least 50 transactions on zkSync Era between February 2023 and March 2024, among other conditions.

Binance will also begin trading ZK tokens on June 17

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