zkSync 

Aave Labs has announced the launch of Aave V3 on ZKSync Era mainnet. The following is a complete explanation of the details of the Aave and ZKSync collaboration.

Aave V3 Officially Launched in ZKSync Mainnet Era

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kolaborasi Aave dan ZKSync - Bittime (1).webp

PancakeSwap announced that the claim period for the ZK airdrop has been extended to September 4, 2024 at 17:30 CET.

PancakeSwap Extends ZK Airdrop Claim Period

<img src="https://static.bittime.com/cms-static/upload/ZK_Airdrop_Claim_e277e64368.webp" alt="ZK Airdrop Claim" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;PancakeSwap announced that the claim period for the ZK airdrop has been extended to September 4, 2024 at 17:30 WIB. Once the claim period ends, unclaimed tokens will be returned to <a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/CAKE-IDR?content_id=airdrop&amp;cn=400005">PancakeSwap</a> and used for development of PancakeSwap.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Details of ZK Airdrop&nbsp;</h2>Initially, PancakeSwap announced an airdrop of 2.4 million ZK to its community. This airdrop is aimed at various categories of users, including veCAKE holders, previous liquidity providers, active traders, and participants in predictions <a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/ZKS-IDR?content_id=airdrop&amp;cn=400005">zkSync</a>. Following are the details of the ZK airdrop allocation from PancakeSwap.<ul style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">veCAKE Holders: A total of 26.5% of the total airdrop tokens were allocated to veCAKE holders, with a total of approximately 54,037 users.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Past Contributors: A total of 27% of the total airdrop was allocated to previous contributors, consisting of 116,698 users. Of these, 15.5% is allocated to liquidity providers, 10.5% to active traders, and the rest to other participants.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Future Contributors: A total of 46.5% of the total airdrop was allocated to future contributors, including liquidity providers (36.5%) and active traders (10%).</li></ul><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">ZK Airdrop Claim Period Extension</h2>The announcement of the extension of the claim period is welcomed, especially for those who have not had the opportunity claim token. PancakeSwap also confirmed that this is the only extension that will be granted.&nbsp;Therefore, eligible users are advised to immediately claim tokens before the deadline ends.Besides that, PancakeSwap provides additional incentives by covering gas fees for claiming these tokens, to provide the best user experience.&nbsp;&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">zkSync and ZK Token</h2>zkSync is a layer 2 solution for Ethereum that enables faster and cheaper transactions. By using zero-knowledge rollups technology, zkSync able to significantly reduce transaction costs on the Ethereum network, while maintaining security and decentralization.&nbsp;Adoption zkSync by PancakeSwap demonstrating the platform's confidence in layer 2 technology and its potential to improve the efficiency of the Ethereum network. This ZK airdrop is also a way PancakeSwap to introduce and encourage use zkSync among its users.&nbsp;With more ZK tokens circulating in the community, it is hoped that more users will be interested in exploring and using zkSync as part of their ecosystem.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Next Steps for Token Holders</h2>For users who have received notification about their eligibility for this airdrop, the next step is to visit the official site PancakeSwap and follow the guide to claim the ZK airdrop. PancakeSwap has provided a special page on the official website which explains the details of the claim process and answers the most frequently asked questions.For users who have not checked their eligibility, it is recommended to check immediately and ensure that they are eligible to receive the ZK airdrop. Considering the value and long-term potential of the ZK token, this is an opportunity not to be missed.<h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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ZK Airdrop Claim.webp

PancakeSwap Extends ZK Airdrop Claim Period until September 4

The global crypto community is gearing up for an important announcement regarding ZKsync coin distribution details which is scheduled to be announced next week. This information is a breath of fresh air for crypto players who have been waiting for the latest developments from one of the leading projects in zero-knowledge proof technology.

ZKsync Coin Distribution Just Next Week, Check Are You Eligible?

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- The global crypto community is gearing up for an important announcement regarding ZKsync coin distribution details which is scheduled to be announced next week. This information is a breath of fresh air for crypto players who have been waiting for the latest developments from one of the leading projects in zero-knowledge proof technology.

According to a report from TechFlow, ZKsync recently introduced ZK Nation through an article calling it a community driven by a common goal to manage, protect, and develop the ZKsync protocol. 

ZK Nation aims to bring the world closer to the vision of the ZK Credo, by bringing together individuals, organizations and technology to promote freedom and accelerate conscious and responsible innovation.

ZK Nation is not just an ordinary community. It is built on a strong foundation of trust and shared purpose, with the view that blockchain technology should be used for the public good, not just for personal gain. 

Thus, ZK Nation is committed to creating an inclusive, transparent and sustainable ecosystem.

In the coming week, ZKsync will announce more details about the ZKsync protocol delegation process, ZKsync protocol token distribution, as well as how to actively contribute to ZKsync development. 

This information is highly anticipated as it will provide clear guidance on how participation in the ZKsync ecosystem can take place, including how the community can earn and use ZKsync tokens.

As previously reported on May 21, ZKsync plans to carry out token generation activities and conduct an airdrop in mid-June. 

This activity aims to expand token ownership and provide incentives to community members who contribute to the development and adoption of the protocol.

In addition to coin distribution, ZKsync will also provide further information regarding ZK Nation's governance structure in the next few weeks. 

This governance structure is important to ensure that all decisions made in the development and management of the ZKsync protocol are carried out in a democratic and transparent manner. 

With good governance, it is hoped that ZK Nation can become a model for other blockchain communities in implementing the principles of decentralization and inclusion.

Waiting for the Official ZKsync Coin Distribution Announcement

In the next few days, all eyes will be on the official announcement from ZKsync. These coin distribution details will not only determine the direction of ZKsync's future development, but will also be a barometer for other blockchain projects in managing their token distribution.

For crypto enthusiasts and activists in Indonesia, this announcement is an important moment to observe and, perhaps, participate in the next wave of innovation. The world of crypto is always dynamic and full of surprises, and ZKsync is one player that continues to push the boundaries of this technology's possibilities.

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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

and other cryptos to find out today's crypto market trends in real-time on Bittime.

zkSync, Ethereum's popular layer-2 protocol, has announced the start of "pre-gaming" tomorrow, June 12, 2024. This announcement marks the first step towards the highly anticipated launch of the zkSync (SYNC) token.

zkSync Ready to Hold "Pre-Game" Ahead of Token Launch

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 -  Ethereum's popular layer-2 protocol, has announced the start of "pre-gaming" tomorrow, June 12, 2024. This announcement marks the first step towards the highly anticipated launch of the zkSync (SYNC) token.

zkSync pre-gaming is a short period where users can interact with the platform and gain hands-on experience before the official token launch. In this pre-game period, users can do several things, including:

zkSync pre-game provides several benefits for users, among others:

The launch of the SYNC token is predicted to occur in the near future after the pre-game is complete. The SYNC token will be used for governance of the zkSync platform and gives its holders the right to participate in important decision-making.

The zkSync community showed great enthusiasm for this pre-game. This can be seen from the large number of users who have registered and are ready to explore the platform. This pre-play is expected to help increase adoption of zkSync and make it a leading Ethereum layer-2 platform.

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.

OpenZeppelin has completed an audit of the State Transition contracts in the zkSync ZK Stack codebase. Based on a report released on Sunday (09/06), this audit found a total of 19 problems.

OpenZeppelin Completes Audit of State Transition Contracts in ZK Stack Codebase

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- OpenZeppelin has completed an audit of the State Transition contracts in the zkSync ZK Stack codebase. Based on a report released on Sunday (09/06), this audit found a total of 19 problems.

The 19 issues consist of 2 issues with medium severity, 6 issues with low severity, and 11 comments and additional information. To date, 18 of the 19 problems have been successfully resolved, while 1 other problem is still in the process of being partially resolved.

OpenZeppelin is a company focused on developing security software and services for the blockchain ecosystem. They offer a variety of products and services including an open-source smart contract library used by thousands of blockchain projects.

OpenZeppelin is widely recognized for its contribution to ensuring smart contract security through rigorous auditing and providing advanced security tools.

OpenZeppelin's reputation in the industry is beyond doubt, with many large projects entrusting their security to the company.

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As the leading security agency in the blockchain world, OpenZeppelin has built a strong reputation for ensuring the integrity and security of crypto projects.

The audits they perform include in-depth analysis of code and systems to identify potential vulnerabilities that could be exploited by hackers.

In the case of the zkSync ZK Stack, this audit is especially important given the increasing adoption of zero-knowledge (ZK) technology in various blockchain applications.

An audit of the State Transition contract discovered two issues of moderate severity, which could potentially have significant impact if exploited. In addition, there are six problems with a low severity level that are also receiving attention.

The comments and additional information provided assists the developer in understanding and fixing smaller potential weaknesses or provides general guidance for further improvements.

It is important to note that of the 19 issues discovered, 18 have been completely resolved. One remaining issue remains in the process of being partially fixed, demonstrating the strong commitment of the zkSync development team to improving the security and reliability of their platform.

This news was welcomed positively by the blockchain community, considering the importance of security audits in maintaining trust and stability in the crypto ecosystem. This audit process also shows the transparency of zkSync and the seriousness with which they take security.

The steps taken by OpenZeppelin and zkSync could be an example for other blockchain projects in terms of handling security and responsibility towards users.

As one of the major players in ZK technology, zkSync continues to gain attention and trust from the community, especially with their openness in resolving identified issues.

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Zero-knowledge (ZK) technology itself is one of the most important innovations in blockchain, enabling data verification without disclosing sensitive information. zkSync uses this technology to improve the scalability and efficiency of transactions on the Ethereum blockchain.

This audit is also in line with broader efforts within the blockchain community to improve security standards. As more and more projects adopt ZK technology, the need for rigorous and thorough audits becomes increasingly important.

OpenZeppelin's success in completing an audit of the State Transition contracts in the zkSync ZK Stack codebase represents a significant step forward in ensuring the security and reliability of blockchain technology.

With most of the issues resolved and the rest in the process of being fixed, the community can have more confidence in using the zkSync platform.

The move also underscores the importance of independent security audits in the crypto industry, helping to minimize risks and protect users from potential threats. As pioneers in blockchain security, the collaboration by OpenZeppelin and zkSync sets a positive example for the entire crypto ecosystem.