Vitalik Buterin Calls for Deployment of zk-EVMs on Ethereum 

Vitalik Buterin encouraged the deployment of Zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum mainnet.

In a blog post, Buterin stated that the zk-EVMs would speed up Ethereum’s verification process without affecting the network’s decentralization and security.

zk-EVMs to Interact With Ethereum’s Multi-Client Philosophy

According to the Russian-Canadian programmer, Ethereum maintains its security and decentralization through its multi-client philosophy, which enables users to run nodes through a collaboratively-managed specification, with multiple teams making implementations.

The Ethereum creator believes the whole validation process can be modified using zk-EVMs, which will improve the network’s scalability.

A zk-EVM is a new type of Ethereum Virtual Machine that enhances Ethereum’s scalability by generating zero-knowledge proofs while supporting smart contracts and application compatibility.


ADVERTISEMENT

Ethereum layer 2 scaling solution Polygon has already deployed its zk-EVMs to improve transaction speed. Polygon’s zk-EVM aggregates multiple transactions into a single proof, allowing the network to execute them smoothly.

Buterin believes zk-EVMs should not be used for layer-2 protocols alone, as deploying them on Ethereum’s base layer (L1) is possible. He stated that zk-EVMs would solve Ethereum’s base layer verification problem.

“Once that happens, ZK-EVMs de-facto become a third type of Ethereum client, just as important to the network’s security as execution clients and consensus clients are today,” he said.

Deploying zk-EVMs on Ethereum’s Base Layer

Buterin further outlined various ways the zk-EVMs could be deployed on the Ethereum network, alongside their challenges.

The Ethereum developer mentioned the possibility of making the base layer function as a clearinghouse for L2 protocols while almost all activities are forced to move there. However, he disclosed that this option would make existing L1-based protocols become “economically nonviable” and increase transaction fees.

The second option would be to create a type 1 zk-EVM to verify the EVM execution of an L1 Ethereum block. While this option would have its challenges, the computer scientist believes developers would find a way to solve them.

“With these technologies in place, the future looks very good. Ethereum blocks would be smaller than today, anyone could run a fully verifying node on their laptop or even their phone or inside a browser extension, and this would all happen while preserving the benefits of Ethereum’s multi-client philosophy,” Buterin added.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

You Might Also Like:


.custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px 0px 15px; } .custom-author-info .author-avatar img{ border-radius: 50%; border: 2px solid #d0c9c9; padding: 3px; }

The post appeared first on CryptoPotato

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 94,871.42 2.37%
Ethereum (ETH) $ 3,258.94 1.98%
Tether (USDT) $ 0.998452 0.14%
XRP (XRP) $ 2.18 2.73%
BNB (BNB) $ 645.72 2.18%
Solana (SOL) $ 178.99 1.28%
Dogecoin (DOGE) $ 0.308244 4.19%
USDC (USDC) $ 1.00 0.05%
Lido Staked Ether (STETH) $ 3,257.81 1.72%
Cardano (ADA) $ 0.876276 3.21%