Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Ethereum leader, Vitalik Buterin, spoke about the progress and technologies of EVM L2

Ethereum: Ethereum leader, Vitalik Buterin, spoke about the progress and technologies of EVM L2

Vitalik Buterin's recent article sheds light on the crucial role of ZK-EVM in enhancing the scalability and security of the Ethereum network. Buterin presents several implementation options and carefully examines the compromises, design issues, and reasons for abandoning certain approaches.

One of the key points Buterin emphasizes is the need to address the trustworthiness of #L2 EVM protocols built on top of Ethereum. These protocols rely on a large codebase, and any vulnerabilities or errors in this codebase can potentially be exploited by malicious actors. This situation is deemed unacceptable by Buterin, especially considering that many projects simply replicate existing functionality in Ethereum.

According to Buterin, #ZK-EVM performs the same function as block verification in the L1 network. He also notes that in the coming years, lightweight clients will become more powerful and capable of utilizing #ZK-SNARK for full L1 EVM verification. This advancement will further enhance the security and reliability of the Ethereum network.

While the core functionality will be handled by the protocol itself, Buterin highlights that L2 projects will still be responsible for critical functions such as asset management and security. To address this, he proposes the use of #Rollups as a solution to embed ZK-EVM directly at the L1 level, making it more robust and secure.

Buterin acknowledges that implementing ZK-EVM at the L1 level may take several years, but he believes it is a worthwhile endeavor. He also mentions alternative solutions, such as #Optimistic Rollups, that can serve as intermediate steps towards achieving the desired scalability and security goals.

In conclusion, #Vitalik Buterin calls for the development and exploration of new possibilities in scaling and securing the Ethereum network. He emphasizes the importance of creating reliable and efficient solutions that can support the growing number of projects and users on the platform. By leveraging ZK-EVM and Rollups, #Ethereum can pave the way for a more scalable and secure future.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Education: Copy trading in Crypto: To do or not to do? By Biconomy.com
In the dynamic world of cryptocurrency investing, copy trading has emerged as a popular strategy. This approach allows investors to automatically replicate the trades of experienced traders..
Press Releases: Gate Ventures Invests in Japan’s Largest Web3 Gaming Pioneer, double jump.tokyo, Paving the Way for Web3 Mass Adoption
Gate Ventures is proud to announce its strategic investment in double jump.tokyo Inc., Japan’s foremost Web3 gaming company, as part of a $10 million funding round led by SBI Investment..
Press Releases: Blockchain Life 2024 in Dubai: Top Companies and Key Industry Figures Gather in the World Crypto Capital
Dubai, UAE, September 3, 2024. On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3..
Press Releases: GGI Makes Waves at WebX 2024, Leading the Web3 Gaming Revolution
GGI (Galaxy Girl Interactive) is a group that accelerates Web3 gaming by empowering builders and delivering the best gaming content to mass users. They offer cutting-edge..
Make crypto bots for trading