Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer

September 1, 2024 Bitcoin.com

bitcoin.com

According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless […]

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Plonky3, the Polygon Zero-Knowledge Proving System, Is Production Ready

July 18, 2024 Bitcoin.com

bitcoin.com

Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility […]

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Web3 Marketing Strategist Says It’s a ‘Mistake’ to Frame Blockchain and AI as Competing Technologies

July 14, 2024 Bitcoin.com

Artificial intelligence (AI)

According to Catherine Daly, the marketing head at Space and Time, framing artificial intelligence (AI) and blockchain as competing industries would be a mistake. Instead, Daly believes “there’s a lot of room for each to accelerate the other.” To illustrate this point, she identified onchain transacting AI agents as one example demonstrating why artificial intelligence […]

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What is zero-knowledge proofs? Understanding our digital shields

June 19, 2024 The Crypto Briefing

Crypto Briefing

What is zero-knowledge proofs? Discover how ZKPs offer a privacy-preserving solution for Web3 and real-world asset verification.

The post What is zero-knowledge proofs? Understanding our digital shields appeared first on Crypto Briefing.

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Matter Labs drops ZK trademark applications after industry backlash

June 2, 2024 Coin Telegraph

Coin Telegraph

It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”

Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for “zero knowledge” proofs.

Its decision came three days after several leading ZK researchers condemned the firm’s behavior “in the strongest possible terms,” iterating that ZK technologies should instead remain a “public good” that is “accessible to all.”

“As a result of these conversations, we decided to drop all trademark applications,” Matter Labs confirmed in a June 2 X post.

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Polygon’s ZK-rollup Ethereum scaler Miden hits testnet

May 7, 2024 Coin Telegraph

Coin Telegraph

The Ethereum layer-2 scaling solutions provider is going up against StarkWare’s tech stack Starknet.

Ethereum layer-2 developer Polygon has launched an alpha version testnet of its latest zero-knowledge rollup (ZK-rollup) solution called Miden as the Ethereum scaling competition heats up.

In a May 6 X post, Polygon said the Polygon Miden Alpha Testnet zero-knowledge was live for developers to begin testing. Miden is a ZK-rollup designed to extend the capabilities of the Ethereum blockchain.

Polygon’s latest solution — like other ZK-rollups — uses a type of cryptography where data can be verified or “proved” without revealing what the data consists of to the rest of the network.

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Japanese Crypto Influencer Calls Ethereum Improvement Proposal 4844 a ‘Layer 1 Middle Ground’

March 24, 2024 Bitcoin.com

bitcoin.com

According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant for scaling solutions such as zero-knowledge rollups (zkrollups) and Layer 2 chains […]

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Zero-knowledge chain Aleo faces privacy leak issues

February 25, 2024 The Crypto Briefing

Aleo, a blockchain platform focusing on zero-knowledge (zk) applications, has revealed its users’ information.

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Ethereum Layer-2 Starknet To Distribute Over 700,000,000 STRK Tokens Starting This Month

February 15, 2024 The Daily Hodl

Altcoins

The Ethereum (ETH) layer-2 scaling project Starknet plans to kick off its first token allocation this month. In a new announcement, the project notes it will distribute more than 700 million Starknet tokens (STRK) to nearly 1.3 million addresses starting on February 20th. Eligible individuals and groups will have four months to claim their tokens, […]

The post Ethereum Layer-2 Starknet To Distribute Over 700,000,000 STRK Tokens Starting This Month appeared first on The Daily Hodl.

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Low-Cap Altcoin Surges More Than 40% in 24 Hours Amid Efforts To Pivot to a Privacy-Centric Ethereum Layer-2

February 11, 2024 The Daily Hodl

Altcoin

A small-cap altcoin is surging 40% as it upgrades to a privacy-focused Ethereum (ETH) layer-2 (L2) blockchain. In a recent article, the development team behind the decentralized payments platform Coti (COTI) says that it has successfully upgraded the project to become a privacy-centric layer-2 (L2) for the second-largest digital asset by market cap. “Upgrading COTI […]

The post Low-Cap Altcoin Surges More Than 40% in 24 Hours Amid Efforts To Pivot to a Privacy-Centric Ethereum Layer-2 appeared first on The Daily Hodl.

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