zkSync has invested at least 3.5 million dollars in audits and bug bounties, and will take additional measures to ensure security

2023-02-08 14:17:26

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ChainCatcher news, based on the ZK Rollup Ethereum Layer 2 network zkSync tweeted that zkSync has invested at least $3.5 million in audits and bug bounties.

However, considering that there is no absolute security, zkSync 2.0 will also implement additional security measures after its release, including: restricting the flow of early funds to ensure developers have enough ETH for contract deployment and testing transactions, minimizing the risk of the system losing a large amount of value in its early stages; implementing speed bump measures to limit withdrawals to 10% of the daily TVL, limiting the consequences of any security vulnerabilities; using OpenZeppelin for automatic monitoring and alerts to respond to critical situations, etc. (source link)

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zkSync security incident

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