Oct 2024 - Lagrange X Account Phishing Fake Token Launch - $Unknown (Global)
"Hyper-Parallel ZK Coprocessing" "Build and scale more data-rich applications with offchain verifiable compute with the first SQL-based ZK Coprocessor."
"Lagrange Labs has launched a decentralized prover network to support a variety of protocols using different proof types. The first two protocols offered are the ZK Coprocessor and State Committees. This documentation shares the concepts, architecture, and deployment guides for each of Lagrange’s protocols."
"Lagrange’s ZK Coprocessor operates in a parallelized and distributed way: A computation is divided into multiple small tasks that can be distributed to multiple machines. The clusters of machines to execute computations and generate proofs scale horizontally, so as more machines participate, proofs can be generated faster over ever-growing datasets."
"Lagrange pre-processes blockchain data into a prover-friendly Verifiable Database which can handle unlimited storage slots, that smart contracts can make SQL queries over. While others can prove single storage slots but rely on the smart contract or an expensive proof to execute computations beyond a single storage slot, Lagrange’s ZK Coprocessor can query 8888 storage slots per block, more than an order of magnitude larger than other coprocessor solutions today."
"Typically, ZK coprocessing involves proving the historical state of a chain and then proving a series of computation on top of the existing data set. Lagrange’s ZK Coprocessor can execute dynamic proving on top a Verifiable Database of historical contract storage state to target updating proofs of only what has changed. This approach, enabled by our Reckle Trees research, drastically reduces proving time and lends itself well to applications that need to compute specific datapoints over large sets of data."
"With our ZK Coprocessor, developers can use ZK proofs to compute over historical storage, receipt or transaction data, directly from their smart contracts using SQL queries. No need for writing complex circuits or working with intermediaries."
"Lagrange’s ZK Coprocessor enables Lagrange State Committees, which are ZK light clients each comprising a decentralized network of operator nodes. Each State Committee supports an unbounded set of nodes, so it can scale with the protocol as it grows. Integrating with EigenLayer’s restaking further extends Ethereum’s economic security and creates a robust shared security zone made up of a dynamic set of nodes."
"Exciting news! We're thrilled to introduce our new $LGR token, designed to supercharge data-rich applications. Token allocation is boosted based on interactions with partners like Azuli, Gearbox Protocol, Etherfi - and more. Check Allocation"
"Lagrange's X account was compromised and posted phishing tweets."
"Confirming that the Lagrange Labs team has regained access to this account
All communications involving Lagrange Labs, our ecosystem and our products will resume from the @LagrangeDev X account"
Further Analysis
Lagrange offers a decentralized network to assist with preparing and using zero knowledge proofs. On October 16th, their X account started promoting a new LGR token. This token was not launched by Lagrange, and the tweet was not authored by them. The X account was ultimately restored on October 22nd. It is unclear how the X account breach occurred, if anyone was affected, and any plans to assist affected users.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Ambient Finance Frontend DNS Hijacking > > < < Radiant Capital Gnosis Safe Wallet Malware
Sources/Further Reading
@realScamSniffer Twitter (Dec 31)
Lagrange (Dec 31)
Lagrange: The Next Chapter for Lagrange (Dec 31)
Home | Lagrange Docs (Dec 31)
@lagrangedev Twitter (Dec 31)
@lagrangedev Twitter (Dec 31)
@aditmadhur9 Twitter (Dec 31)
@blknoiz06 Twitter (Dec 31)
@1c4m3by Twitter (Dec 31)
@anyichinem65580 Twitter (Dec 31)
@insomniac_ac Twitter (Dec 31)
@fishincondom Twitter (Dec 31)
@kitcat_x Twitter (Dec 31)
@connor_aug13078 Twitter (Dec 31)
@AnonVee_ Twitter (Dec 31)
@0xpoulsen Twitter (Dec 31)
@0xM0RA Twitter (Dec 31)
@Whitehair1987 Twitter (Dec 31)
@King_Staccz Twitter (Dec 31)
@xenowits Twitter (Dec 31)
@aditmadhur9 Twitter (Dec 31)
@0xmeder Twitter (Dec 31)
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