ZKsync Creator Pitches Governance Token Redesign

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”

In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while its ZKsync (ZK) governance token was effective in the project’s early stages as the “architecture and adoption path were still forming,” the network has since rapidly evolved. 

He said it now hosts an ecosystem of interconnected zero-knowledge chains, and it is important that ZKsync’s token captures network…