zkSync Slumps: OKX CEO Offers Counter-Narrative

Published 15/06/2024, 08:26
zkSync Slumps: OKX CEO Offers Counter-Narrative
ETH
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Coin Edition -

  • zkSync faces backlash after airdrop, labeled a “scam” by some.
  • OKX CEO Star Xu questions the criticism, citing airdrop disappointment.
  • Industry leaders like Justin Sun and Binance’s He Yi join the debate.

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.

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.”

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