Search results for "MATTER"

Matter Labs based on the RISC-V new Zero-Knowledge Proof device "Airbender"

PANews reported on June 25th that Matter Labs, a company from ZKsync, unveiled a new type of Zero-Knowledge Proof tool called 'Airbender' at the Permissionless conference. This proof tool is built on the RISC-V architecture and can complete ETH Block verification in 35 seconds using a single GPU, significantly faster than similar products. The CEO of Matter Labs stated that this breakthrough will reduce Transaction Cost to less than 1 cent, suitable for high-frequency trading, small payments, and Decentralization social scenarios. Currently, Airbender is still in the early stages of release, but Matter Labs has deployed an application for easy testing. If everything progresses as planned and the ZKsync governance process is approved, Airbender will be included in the protocol upgrade by the end of this summer.
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ZKsync founder responds to security incident: no code or Secret Key leakage, will release complete investigation results.

ZKsync founder Alex Gluchowski released a statement on social media, emphasizing that no security vulnerabilities have occurred with ZKsync. The team is investigating the security incident and will provide a detailed explanation. He stated that the team still respects its legal commitments to investors, partners, and members, highlighting that ZKsync possesses ultimate security architecture.
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ZKsync founder reiterates: No code has been leaked, and there is an unbreakable commitment to investors.

ZKsync founder Alex Gluchowski emphasized the operator Secret Key leak incident on the X platform, denying any leak of code or contracts. He pointed out that ZK is Endgame, is actively investigating, and will release updates. The market L2 Tokens generally fell, but Gluchowski stressed the legally binding commitments to investors, partners, and the team.
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Odaily Planet Daily News Nansen Official X said in a post: "In the spirit of transparency, we want to clarify some misunderstandings about the zkSync airdrop. We did provide data on specific wallet clusters to Matter Labs, such as whales or known scammers. However, we did not conduct witch hunts (for zkSync) or provide advice on the distribution of airdrops."

The CEO of Matter Labs criticized Solana for its lower level of decentralization and performance that does not match Ethereum's Layer 2.

According to Gate News bot, as reported by TapChiBitcoin, Alex Gluchowski, founder and CEO of Matter Labs, responded to Toly's statement on the X platform. Gluchowski stated that Solana cannot compare to Ethereum (ETH) in terms of decentralization and censorship resistance, and it also lags behind the second layer (Layer 2) using a single sequencer in terms of latency and performance.
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ZKsync Developers: The ZKsync and Matter Labs X account is still in a compromised state, please do not interact.

ChainCatcher message, ZKsync Developers have once again stated on the X platform that the ZKsync and Matter Labs X accounts are compromised, reminding users not to interact.
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ZKsync Developers: The ZKsync and Matter Labs X account is still in a compromised state, please do not interact.

ChainCatcher message, ZKsync Developers once again posted on platform X stating that the ZKsync and Matter Labs account are in a stolen state, reminding users not to interact.
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Warning: The ZKsync and Matter Labs X account are still in a stolen state, please do not interact.

PANews May 13 news, ZKsync Developers announced an update on platform X stating that ZKsync and Matter Labs account are still in a stolen status, please do not interact. Previously, ZKsync Developers stated that the team briefly gained control over the two X accounts after they were stolen.
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The official X account of ZKsync and Matter Labs was hacked.

According to Gate.io News bot, as reported by Wu, ZKsync Developers announced on the X platform that the official X accounts of ZKsync and Matter Labs have been hacked. Wu issued a security reminder to community users, suggesting to suspend any interactions with these accounts and to avoid clicking on related links.
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The dissolved blockchain company BANKEX has sued ZKsync developer Matter Labs over an intellectual property dispute.

According to Gate.io News bot, CoinDesk reported that the defunct blockchain company BANKEX has filed a lawsuit against ZKsync developer Matter Labs in the New York State Supreme Court, accusing them of intellectual property theft. BANKEX pointed out in the lawsuit that two former employees secretly founded Matter Labs using company resources while participating in the Plasma project and claimed the company's technology as their own. Matter Labs responded to this, denying all allegations, emphasizing that ZKsync is a self-developed technology, and stating that these lawsuits are "groundless".
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ZKsync developer Matter Labs has been sued for allegedly stealing intellectual property.

Matter Labs, the company behind the Layer 2 Blockchain ZKSync, has been sued by BANKEX for intellectual property infringement. BANKEX accuses former employees of stealing technology to establish Matter Labs, which has raised $450 million in venture capital to become a major blockchain player.
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Lens Chain announced that its Mainnet is about to go live

Lens Chain announced that it has passed the vote to join the Elastic Network on ZKSync, and the Mainnet is about to go live. This high-performance chain built using ZKsync and Avail, created in collaboration by the Lens Labs team and Matter Labs, will migrate user data to Lens Chain, requiring an application to include the chain in the Elastic Network.
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Matter Labs launches 'zkEVM'

Jinse Finance reported that Matter Labs has released a new roadmap called ZKsync3.0, aiming to make the ecosystem more interconnected, including a new "elastic chain", which is somewhat similar to AggLayer released by competitor Polygon earlier this year. Matter
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ZKsync Founder: Ethereum's Shift to RISC-V Will Enhance the Status of the World Computer

The founder of ZKsync stated that Ethereum serves as the moat of the world computer due to the network itself and should become the secure foundational layer for decentralized blockchain networks in the future. The team will make a major announcement in the next two weeks.
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ZKsync founder: If Ethereum maintains its position as the "world computer", value will flow directly or indirectly to ETH.

Ethereum, as the world computer, has a product-market fit, with downstream applications like "Decentralized Nasdaq, SWIFT", but its network is the true moat. Ethereum is the foundational value internet, with trustworthiness and neutrality as core features, and in the future, it will serve as the secure underlying layer for a large, decentralized blockchain network. When its core advantages are realized, value will flow towards ETH.
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Matter Labs co-creation: ZKsync governance will explore the value accumulation mechanism

Odaily Planet Daily News Matter Labs co-founder and CEO Alex Gluchowski said he expects the ZKsync community to soon begin discussing optimizations for the ZKsync Token and adding more features, such as a value accumulation mechanism, while the interoperability between ZK-based Blockchains opens up a new dimension for its implementation. (TheBlock)
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Treasure's Layer2 game is now live

ChainCathcer message, Treasure DAO announced on X that its game L2 Block chain based on ZKsync is now live. Treasure's MAGICToken is used for its gas fees, and the Treasure rollup is supported and maintained by Matter Labs, the developer behind ZKsync. As part of the Mainnet release, the general account and Wallet system Treasure Connect for players is also officially launched, and developers can use the Treasure development toolkit that supports platforms such as Unity, Unreal, and Godot to get their games up and running. Another feature is the game exchange, which is the DecentralizationTokenexchange of Treasure, by Magicswap
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According to the report by Jinse Finance, Matter Labs, the developer of zkSync, has announced that they have applied for trademarks related to ZK to ensure the free use of the term "ZK" in the context of names such as "ZK Sync" and "ZK Stack". Whether you like it or not, trademarks are currently the only available legal tool. Matter Labs said that trademarks are limited to the use of specific goods or services, rather than general ownership. We are committed to finding the appropriate framework for the ZK trademark, so that it is accessible to everyone building ZK technology. ZK technology and its terminology should always be maintained as a public good, freely available to everyone.
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There is a disagreement between Solana co-founder Toly and Matter Labs CEO about which one, Solana or ZK, is faster.

Solana co-founder Toly believes that due to the slow speed of ZK computation and Solana's lack of Full Node capacity restrictions, Solana is always faster than ZK. However, Matter Labs CEO Alex Gluchowski believes that ZK is faster than Solana because it is protected by mathematics rather than validators, requiring only one or a few validators, without the need to wait for thousands of Nodes to reach Consensus.
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The previous rumor that ZKsync's average daily transaction volume is only a little over 100 transactions is not true. It refers to the ZKsync cross-chain bridges, not the ZKsync network.

Odaily Planet Daily News Previously, it was rumored that ZKsync had an average daily transaction volume of only over 100 transactions, which is false information. It refers to the ZKsync cross-chain bridge, not the ZKsync network. According to the official data panel of Matter Labs, the daily transaction volume of the ZKsync Era network is 36.
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Ben Livshits joins Eclipse team as Chief Technical Officer

Odaily Planet Daily News Eclipse announced that Ben Livshits has joined the team as Chief Technology Officer. Ben holds a PhD from Stanford University and has over twenty years of extensive research experience. He has previously worked at Intel, Microsoft, Brave, and Matter Labs.
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