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Ethereum eyes zero-knowledge proofs in 3-5 years
The Block·
Ethereum co-founder Joe Lubin anticipates a significant shift for the blockchain network, projecting a transition to a fully zero-knowledge proof-based protocol within the next three to five years. This potential upgrade aims to enhance privacy and scalability by leveraging advanced cryptographic techniques. Such a move could fundamentally alter how transactions are processed and verified on Ethereum, offering greater efficiency and security for users and developers alike. The development signifies a forward-looking strategy for the leading smart contract platform.
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fintech
crypto
regulation
Original Source
The Block — theblock.co