1 / 2 Relevant items tagged with #MatterLabs

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Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

[Nov 21 7:44 PM] Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.

Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

[Sep 3 7:16 PM] Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO…

Matter Labs CEO announces company restructuring, layoffs

[Sep 3 5:25 PM] Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.

Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team

[Sep 3 2:23 PM] The company made the move to adapt to "the different type of technology and support" that developers building on ZKsync now require.

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

[Aug 28 5:40 PM]

ZkSync denies NFT ‘insider minting,’ claims some minters attended events

[Jul 4 7:30 AM] Matter Labs stated that its employees were not eligible for the ZK airdrop and did not hand out NFTs to friends or other insiders.

ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayer

[Jun 25 1:00 AM] This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.

ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $900M

[Jun 17 10:24 AM] The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect

[Jun 11 1:00 AM] According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."

Zksync Introduces Community Governance With ZK Nation

[Jun 10 12:36 PM] Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active…

The Protocol: Another Episode in the Layer-2 Teams Drama

[Jun 5 2:33 PM] We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”

Linea blockchain halt highlights slow decentralization of Ethereum L2s

[Jun 2 8:35 PM] Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.

Matter Labs drops ZK trademark applications after industry backlash

[Jun 2 5:46 PM] It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”

Matter Labs files for 'ZK' trademark, industry demands withdrawal

[May 30 6:14 AM] The attempt to trademark ZK-proofs is like a “baker trying to impose a blanket patent on bread,” according to StarkWare’s CEO.

Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync

[May 28 7:00 AM] ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum.

ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

[May 17 10:11 AM] Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June.

Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

[Mar 19 10:39 AM] The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

Quicknode Enhances Blockchain Infrastructure With Zksync Hyperchain Support

[Feb 15 10:30 AM] Quicknode, a leading blockchain infrastructure provider, has officially expanded its offerings to include support for Zksync hyperchains, enhancing its custom chains solution portfolio. This development introduces a new level of scalability and…

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

[Jan 25 4:57 PM] A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all…

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

[Dec 14, 2023 3:00 AM] The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.

Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain

[Dec 13, 2023 1:56 PM] Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

[Nov 29, 2023 5:54 PM] With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

The Protocol: Kraken Awakens – as Ethereum L2 Candidate

[Nov 8, 2023 12:25 PM] In this week's edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch of a similar network, amidst a broader trend of companies creating…

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

[Nov 6, 2023 7:16 PM] The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the…

Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%

[Oct 18, 2023 11:33 PM] Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, though some have managed to buck the trend.

The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?

[Oct 4, 2023 11:41 AM] In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide…

Buenos Aires Releases Blockchain Digital Identity Solution Powered by zkSync's ZK Proofs

[Sep 28, 2023 6:00 AM] Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government.

‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’

[Sep 5, 2023 1:41 PM] A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.

Matter Labs co-founder proposes ‘Ethereum Supreme Court’ for on-chain disputes

[Sep 3, 2023 9:49 PM] The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network.

Matter Labs Accuses Polygon of Spreading "Untrue Claims" With Code-Copying Allegations

[Aug 3, 2023 1:10 PM] In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library.