Fri, October 4

Vitalik Buterin Proposes Deployment of zk-EVMs on Ethereum

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  • Buterin said that zk-EVMs will increase Ethereum’s transaction verification speed.
  • By adding More Nodes, Polygon has already put its zk-EVMs into use.

Zero-knowledge Ethereum Virtual Machines (zk-EVMs) were advocated for use on the Ethereum mainnet by Vitalik Buterin. The Ethereum co-founder said on his blog that zk-EVMs will increase Ethereum’s transaction verification speed without compromising the network’s decentralization or security.

The Russian-Canadian developer claims that Ethereum’s multi-client philosophy, which allows users to operate nodes via a collaboratively maintained specification with many teams building implementations, is responsible for the platform’s continued security and decentralization.

The co-founder of Ethereum thinks that zk-EVMs may be used to alter the whole validation process in order to increase the network’s scalability. A zero-knowledge Ethereum Virtual Machine (zk-EVM) generates zero-knowledge proofs, which improves Ethereum’s scalability while still allowing for smart contract and app compatibility.

Should Not Be Reserved For Layer-2 Protocols

By adding More Nodes, Polygon has already put its zk-EVMs into use, which should make financial transactions faster. For efficient network execution, Polygon employs zk-EVM, which combines several transactions into a single proof.

Buterin argues that zk-EVMs shouldn’t be reserved for layer-2 protocols since they can be implemented on Ethereum’s L1 base layer. He claimed that the zk-EVMs will fix the verification issue at Ethereum’s foundation layer.

Buterin continued by outlining potential deployment strategies for zk-EVMs on the Ethereum network, along with the associated difficulties.

The Ethereum developer brought up the idea that the base layer might work as a clearinghouse for L2 protocols if everything were to be relocated there. This alternative, however, would raise transaction costs and render current L1-based protocols “economically nonviable,” as he put it.

The alternative would be to build a type 1 zk-EVM to validate L1 Ethereum block execution on the EVM. Buterin acknowledges that there would be difficulties with this approach, but is certain that they could be overcome.

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.