Solana co-founder questions ZKsync's claim that its governance system is not multi-signature, arguing that the latter poses a centralization risk

ChainCatcher news, ZKsync developer Matter Labs CEO Alex Gluchowski announced the launch of the ZKsync governance system. Alex stated that this governance system is not a multi-signature system, "All planned upgrades are initiated directly on-chain by a community of over 370,000 ZK token holders, rather than by a foundation or a small group of trusted actors."

Solana co-founder Toly raised questions under the article, stating that although ZKsync claims it is not a multi-signature system, it still fundamentally relies on the honest majority assumption, which means it is essentially similar to a multi-signature system.

Toly further stated that unlike Solana, ZKsync's governance system has potential centralization risks. In Solana, even if enough validators reach consensus, a single full node from Circle (the issuer of USDC) can reject invalid state transitions, thereby protecting the system from malicious actions. ZKsync's "professional security committee" may face legal risks, as if enough committee members are ordered by a U.S. bankruptcy judge, they may be forced to place all cross-chain assets under the control of a bankruptcy trust.