Crypto
a16z Crypto updates Jolt zkVM, warns of misuse of \'ZK\' term
a16z Crypto, the crypto arm of Andreessen Horowitz, upgraded Jolt zkVM and said the blockchain industry is overusing the term zero-knowledge, or ZK. It warned that zkVM technology often does not deliver true zero-knowledge. It said implementing zero-knowledge in zkVMs requires a costly wrapping process that can harm transparency and create security issues. It also said the update provides a proof only about 3 KB larger than the original.