According to BlockBeats, Aztec, a privacy and scalability solution based on ZK Rollup, has officially relinquished ownership of the zk.money domain on May 2nd. This move implies that users withdrawing DeFi positions from the platform will now have to run multiple rollups independently, potentially incurring Ethereum gas fees of over $200. Additionally, users will have to deal with any security issues on their own.
Aztec Labs has provided two code repositories on GitHub, namely aztec-v2-ejector and aztec-connect-ejector, for users to reference on how to safely withdraw their funds. The decision to abandon the zk.money domain is a significant shift for Aztec, and it places more responsibility on the users, who will now have to navigate the complexities of running rollups and dealing with potential security issues.
The increased Ethereum gas fees are another concern for users. With the relinquishment of the zk.money domain, users are likely to face higher costs when interacting with the platform. This development underscores the importance of understanding the technical aspects of blockchain platforms and the potential costs involved.
