• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Vitalik Buterin Proposes Zero-Knowledge Ethereum Virtual Machines on Ethereum Layer 1

April 3, 2023
in Blockchain
Reading Time: 2min read
0 0
A A
0
Vitalik Buterin Thinks Twitter Headquarters Should Be Moved to Switzerland
0
SHARES
9
VIEWS
ShareShareShareShareShare

Vitalik Buterin, the co-founder of Ethereum, has suggested implementing zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum base layer to accelerate the verification process on the blockchain. Buterin’s proposal seeks to solve “The Verge,” a part of the Ethereum roadmap that aims to make verification at the base layer easier.

In a post on March 31, Buterin explained that it is possible to integrate a zk-EVM on the base layer without compromising on decentralization and security. The technology enables Ethereum Virtual Machines to execute smart contracts on the blockchain with ZK proofs. Ethereum was developed with a “multi-client philosophy” to ensure decentralization at the protocol level. By integrating zk-EVMs at the Ethereum layer 1, it would be the third type of client, along with the consensus and execution clients.

Buterin considered the advantages and drawbacks of treating the layer 1 as a “clearinghouse” by pushing almost all activity to layer 2. He concluded that many layer 1-based apps would become “economically nonviable” and that small funds worth a few hundred dollars or less may get “stuck” in the event that gas fees grow too large.

Buterin prefers the zk-EVM approach because it wouldn’t abandon the “multi-client” paradigm, and an open zk-EVM infrastructure would ensure that new clients could be developed, which would further decentralize Ethereum at the base layer. In his post, Buterin explained that zk-EVMs would need to be “open” in that different clients each have different zk-EVM implementations and each client waits for a proof that is compatible with its own implementation before accepting a block as valid.

The implementation of zk-EVMs at the Ethereum layer 1 could cause data inefficiency and latency issues, but Buterin believes these challenges would not be “too hard” to overcome.

In conclusion, Buterin’s proposal for zk-EVMs on the Ethereum base layer seeks to accelerate the verification process while maintaining decentralization and security. The integration of zk-EVMs at the Ethereum layer 1 would be the third type of client and ensure that new clients could be developed, further decentralizing Ethereum at the base layer. The proposal is not without its challenges, but Buterin believes that they can be overcome.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Transactions Without Internet? ZeroSync and Blockstream Make It Possible with Satellites in Space – Here’s How

Next Post

XRP-Supporting Lawyer John Deaton Asked To Testify in Maine in Support of Pro Crypto Policy

Next Post
Bitcoin and Ethereum Will Outperform Stocks As Risk Asset Prices Crash, Says Bloomberg Strategist – Here’s Why

XRP-Supporting Lawyer John Deaton Asked To Testify in Maine in Support of Pro Crypto Policy

You might also like

Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?

Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?

April 30, 2026
ALGO Price Prediction: $0.19 Target by December 2025 Despite Current Bearish Momentum

ALGO Price Prediction: $0.135 Breakout Imminent as Shorts Face Squeeze

April 25, 2026
Chainlink Exchange Outflows Hit 970,430 LINK, Largest Of 2026

Chainlink Exchange Outflows Hit 970,430 LINK, Largest Of 2026

April 29, 2026
A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped $23 Million in an Hour: Is $2,300 at Risk?

A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped $23 Million in an Hour: Is $2,300 at Risk?

April 29, 2026
Dogecoin (DOGE) Jumps Past $0.10, Bulls Eye Extended Upside Move

Dogecoin (DOGE) Jumps Past $0.10, Bulls Eye Extended Upside Move

April 30, 2026
IREN Doubles Down on AI Cloud Pivot as Bernstein Cuts Target but Keeps Top Pick Rating

IREN Doubles Down on AI Cloud Pivot as Bernstein Cuts Target but Keeps Top Pick Rating

April 29, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?

CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?

May 1, 2026
Cardano Whales Are Accumulating and Volume Just Spiked 28%: Is ADA Finally Ready to Break $0.30?

Cardano Whales Are Accumulating and Volume Just Spiked 28%: Is ADA Finally Ready to Break $0.30?

May 1, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.