Each company implied it would be the “first” to bring a zkEVM to market.
🔽MEGA...🧵👇
TL; DR
➚➚There are several applications for zero-knowledge proof in blockchain scaling and privacy since it can ensure computational integrity, accuracy, and privacy.
➚➚Both zk-SNARK and zk-STARK have advantages, but their combination offers more possibilities.
➚➚ZkVM provides zero-knowledge proofs for applications, and it can be divided into the mainstream, #EVM, and newly-built instruction sets.
➚➚Equivalence, specification-level compatibility, and EVM compatibility are all types of EVM compatibility.
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➚EVM-compatible and zero-knowledge proof-friendly, zkEVM is a computing environment. Both native-based and compiler-based approaches can be used.
➚Future of #Ethereum & blockchain is native-based zkEVM.
➚Future of Web3 is a universal zkVM that supports the @solidity_lang.
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A Brief Overview—
Zk is undoubtedly the most innovative and ideal scaling & privacy solution available in the blockchain industry today (validity proof without zk) (true zk).
By definition, zkEVM is an EVM-compatible and zero-knowledge proof-friendly virtual machine that guarantees the correctness of programs, operations, and inputs and outputs.
And since smart contracts are self-executing, it eliminates the need for human input to a great extent and enables the democratisation of the corporation.