ZkSync Era expects to release Token in a year
It is reported that the initial release of ZkSync Era will not have tokens, as the network is still largely centralized. Due to the alpha phase, Matter Labs can upgrade the network code at will. In addition, the company still controls the two core components of network operation: sequencer and protector.
Interpretation of this information:
The message suggests that ZkSync Era is currently in its alpha phase and is still largely centralized, which is why the initial release will not have any tokens. This means that the network is not fully decentralized and does not have complete independence from the company, Matter Labs. The company has the ability to upgrade the network code at any time, which indicates that the network is still being developed and improved.
Furthermore, Matter Labs controls two essential components of network operation – the sequencer and protector. This means that the company has a significant amount of control over the network, and this centralized control is likely to be a point of concern for some potential users of the network. However, it is important to note that this is only the initial release of ZkSync Era, and the company may be working towards a more decentralized model in the future.
One potential reason for the centralized nature of the release may be related to the challenges of deploying a fully decentralized network from the outset. Decentralized networks can be difficult to develop and can require significant resources and expertise. By initially releasing a centralized version of the network and then gradually decentralizing it over time, developers can better manage the complexity of the network and ensure that it is stable and secure.
Overall, the message suggests that ZkSync Era is a work-in-progress, and there is still much work to be done before the network can be considered fully operational. However, this is not necessarily a cause for concern, as it is common for new technologies to go through a period of development and improvement before they are ready for wider adoption.
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