Search results for zkVM
Crypto
Zcash co-founder says Ethereum Foundation mood needs to improve
As senior figures continue to leave the Ethereum Foundation, Zcash co-founder Eli Ben-Sasson publicly weighed in on recent turmoil surrounding Ethereum. He acknowledged Ethereum’s strengths but said politics exists inside the foundation. Concerns have also been raised about funding for development, with differing views aired by former contributors and industry figures. Ben-Sasson said he was not attacking the foundation or predicting Ethereum’s end, and called for future structures to prioritize competence and technology.
AI & Enterprise
Coinbase layer2 Base adopts Succinct zero-knowledge technology to enable one-day transaction finality
Coinbase-led Ethereum layer2 network Base is working with zero-knowledge technology provider Succinct to strengthen security, The Block reported on Sunday. Base will add Succinct’s SP1 zero-knowledge virtual machine and a trusted execution environment. Base currently runs as an optimistic rollup, which relies on a challenge period that can last days. Base said the integration can replace that period with cryptographic finality, achieving one-day finality.
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.