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A project on ZkSync raised 921 ETH ($1.7M) in a token sale, but funds are stuck forever in the smart contract. The transfer() function works on Ethereum and other EVM chains, but not on zkSync.

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by COINS NEWS 119 Views

A project on ZkSync raised 921 ETH ($1.7M) in a token sale, but funds are stuck forever in the smart contract. The transfer() function works on Ethereum and other EVM chains, but not on zkSync.

Another example of why a chain shouldnt be rushing its mainnet launch.
Always remember this guys, EVM compatible =/= EVM equivalent.

https://preview.redd.it/fv2k9ltodbsa1.png?220&format=png&auto=webp&s=4058c409aebf8e139454e74d332cfc7771072088

https://preview.redd.it/zuqfwb5qdbsa1.png?464&format=png&auto=webp&s=e4c774de7a5ff5efb97a464419fac106cd00606b

Regardless of which chain I support/invest in, I'm all in for seeing Zero Knowledge tech becoming more and more relevant in the crypto space.

However, these chains also have to take into consideration the fact that people's funds are at stake.
This is exactly what I've been commenting on ZkSync for a while now.
They wanted to lap Polygon to become the first live zkEVM mainnet and in the process they ruined their zkEVM chain by not making it EVM equivalent and because of that some projects building on the chain are starting to suffer the consequences of this bad decision

submitted by /u/NewOutlandishness663
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