🚀 Ethereum is approaching a "zero-knowledge" era at the protocol level 💥
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🔶️ According to Odaily, Xiaowei Wang, Co-CEO of the Ethereum Foundation, confirmed that the network is steadily moving toward making zero-knowledge cryptography a cornerstone of Ethereum's future.
🔸️ In an interview with CoinDesk, Wang explained that zero-knowledge cryptography is part of the medium-term development plan for the network, noting that the past two years have seen significant progress making this technology more feasible for protocol-level implementation.
Currently, Ethereum updates are focusing on:
■ Improving network execution on Layer 2
■ Expanding Blob space to support scalability efficiently
🔸️ What's notable is that Ethereum researchers have revealed plans for a native zkEVM, opening the door to using zero-knowledge proofs to verify transactions by default.
🔶️ Why is this important?
🔹️ This technology reduces the burden required to secure the network, allowing Ethereum to scale further without sacrificing decentralization or security.
🔹️ Ethereum is not just aiming to be faster and larger, but to remain a neutral and secure backbone of the decentralized financial system.
$ETH $ZK $BIFI ..
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#Ethereum #ZeroKnowledge #zkEVM #Layer2 #BlockchainFuture