ZKProofs
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๐จ๐จ #ZKproofs ๐จ๐จ$ETH ๐จ
๐ฅ What did Vitalik Buterin recently express about Ethereum's future? ๐๐
๐ต๏ธโโ๏ธ Call for a Cypherpunk Revival ๐
๐ก Vitalik Buterin, Ethereum's co-founder, urged the community to "Make Ethereum cypherpunk again", emphasizing the need to return to its core principles of decentralization, privacy, and censorship resistance. ๐ซ๐ (cointelegraph.com)
๐ Concerns Over Financialization ๐ฐ๐ณ
โ ๏ธ Buterin warned that Ethereum has become too focused on financial applications (DeFi, NFTs) since 2017, shifting away from its original vision as a platform for decentralized innovation. ๐๐ (cointelegraph.com)
๐ธ Challenges with High Transaction Fees ๐ตโก
๐ He pointed out that expensive gas fees โฝ are preventing developers from building non-financial applications ๐๏ธ, limiting Ethereumโs diversity and accessibility. ๐ (cryptopolitan.com)
๐ Encouraging Developments & Solutions ๐ ๏ธ
โ New tech like rollups, zero-knowledge proofs (ZKPs), and account abstraction ๐ are helping reduce fees and bring Ethereum back to its cypherpunk roots. ๐ฅ๐ก (crypto-economy.com)
๐ฎ Vision for Ethereumโs Future ๐๐
Buterin wants Ethereum to become more than just finance! ๐๐
๐ Decentralized social media (no censorship) ๐ฃ๏ธ๐ข
๐ณ๏ธ Anonymous voting systems ๐๏ธโ
๐ Privacy-first applications (resistant to surveillance) ๐๐ซ
๐ On-chain governance with zero-knowledge proofs ๐ค๐
๐ฅ Buterin's message is clear: Ethereum needs to rediscover its roots! ๐ฑ๐ก The new generation must step up to build a truly decentralized future. ๐๐
๐ฅ What did Vitalik Buterin recently express about Ethereum's future? ๐๐
๐ต๏ธโโ๏ธ Call for a Cypherpunk Revival ๐
๐ก Vitalik Buterin, Ethereum's co-founder, urged the community to "Make Ethereum cypherpunk again", emphasizing the need to return to its core principles of decentralization, privacy, and censorship resistance. ๐ซ๐ (cointelegraph.com)
๐ Concerns Over Financialization ๐ฐ๐ณ
โ ๏ธ Buterin warned that Ethereum has become too focused on financial applications (DeFi, NFTs) since 2017, shifting away from its original vision as a platform for decentralized innovation. ๐๐ (cointelegraph.com)
๐ธ Challenges with High Transaction Fees ๐ตโก
๐ He pointed out that expensive gas fees โฝ are preventing developers from building non-financial applications ๐๏ธ, limiting Ethereumโs diversity and accessibility. ๐ (cryptopolitan.com)
๐ Encouraging Developments & Solutions ๐ ๏ธ
โ New tech like rollups, zero-knowledge proofs (ZKPs), and account abstraction ๐ are helping reduce fees and bring Ethereum back to its cypherpunk roots. ๐ฅ๐ก (crypto-economy.com)
๐ฎ Vision for Ethereumโs Future ๐๐
Buterin wants Ethereum to become more than just finance! ๐๐
๐ Decentralized social media (no censorship) ๐ฃ๏ธ๐ข
๐ณ๏ธ Anonymous voting systems ๐๏ธโ
๐ Privacy-first applications (resistant to surveillance) ๐๐ซ
๐ On-chain governance with zero-knowledge proofs ๐ค๐
๐ฅ Buterin's message is clear: Ethereum needs to rediscover its roots! ๐ฑ๐ก The new generation must step up to build a truly decentralized future. ๐๐
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ใ2025-1-3 Wealth Code: ZKใ
Because the recent long orders of Bitcoin on the daily line are ready to start, we can choose some strong copycat varieties to lay out medium- and long-term long orders. If you are currently stuck with this variety or have no position, you can consider laying out a small position, or adding spot positions:
Target position โ : 0.21547
Target position โก: 0.25632
Target position โข: 0.27143
Current screenshot price: 0.20452
This variety is a daily level order. If you donโt have patience or want to enter the market, it is not recommended to consider it. The cycle is relatively long and tiring, but the profit is still considerable. You only need to lay out a small position and not a heavy position.
If you want to see more wealth codes, follow me, share accurate points every day, and take you to lay out the first pot of gold in the bull market. Xiaobai can also master the wealth code! #zk #zkairdrop #ZKSไปฅๅคชๅ็ฉบๆ #zkProofs #ZKf $ZK
Because the recent long orders of Bitcoin on the daily line are ready to start, we can choose some strong copycat varieties to lay out medium- and long-term long orders. If you are currently stuck with this variety or have no position, you can consider laying out a small position, or adding spot positions:
Target position โ : 0.21547
Target position โก: 0.25632
Target position โข: 0.27143
Current screenshot price: 0.20452
This variety is a daily level order. If you donโt have patience or want to enter the market, it is not recommended to consider it. The cycle is relatively long and tiring, but the profit is still considerable. You only need to lay out a small position and not a heavy position.
If you want to see more wealth codes, follow me, share accurate points every day, and take you to lay out the first pot of gold in the bull market. Xiaobai can also master the wealth code! #zk #zkairdrop #ZKSไปฅๅคชๅ็ฉบๆ #zkProofs #ZKf $ZK
Ethereum Explores Poseidon for Enhanced zk-Proofs
Ethereum co-founder Vitalik Buterin has urged researchers to join the Poseidon cryptographic analysis program as the network evaluates switching to the Poseidon hash function. The new initiative aims to enhance Ethereumโs zero-knowledge proof (zk-proof) capabilities, a critical aspect for verifying transactions privately and securely. To gather more data on Poseidonโs security, Ethereum has extended the funding programโs application deadline to March 15.
Technical Innovation with Poseidon
Introduced in 2019, the Poseidon hash function is designed specifically for zero-knowledge proofs, offering an alternative to traditional functions like SHA-256 and Keccak, which have been extensively tested over decades but were not optimized for zk-proofs. In November 2022, Ethereum Improvement Proposal (EIP) 5988 suggested integrating a precompiled contract into the Ethereum Virtual Machine to implement Poseidon, aiming to boost interoperability between the EVM and zero-knowledge rollups. Although there has been no official update on EIP 5988, the network remains seriously interested in Poseidonโs potential.
Broader Network Upgrades and Future Prospects
This exploration is part of Ethereumโs larger strategy to enhance performance and scalability. The much-anticipated Pectra upgrade, scheduled for April 8, is set to further improve Ethereumโs scalability, account abstraction, and layer-2 efficiency, as well as increase validator rewards. This follows the recent Dencun hard fork in March 2024, which significantly reduced transaction fees for layer-2 networks.
By inviting researchers to contribute to the Poseidon analysis, Ethereum is paving the way for potential improvements that could reduce gas fees and strengthen network security while ensuring robust support for its expanding user base.
#ethereum #CryptoInnovation #zkproofs #blockchain
Subscribe #Cryptoknowmics for latest crypto news and updates:
Technical Innovation with Poseidon
Introduced in 2019, the Poseidon hash function is designed specifically for zero-knowledge proofs, offering an alternative to traditional functions like SHA-256 and Keccak, which have been extensively tested over decades but were not optimized for zk-proofs. In November 2022, Ethereum Improvement Proposal (EIP) 5988 suggested integrating a precompiled contract into the Ethereum Virtual Machine to implement Poseidon, aiming to boost interoperability between the EVM and zero-knowledge rollups. Although there has been no official update on EIP 5988, the network remains seriously interested in Poseidonโs potential.
Broader Network Upgrades and Future Prospects
This exploration is part of Ethereumโs larger strategy to enhance performance and scalability. The much-anticipated Pectra upgrade, scheduled for April 8, is set to further improve Ethereumโs scalability, account abstraction, and layer-2 efficiency, as well as increase validator rewards. This follows the recent Dencun hard fork in March 2024, which significantly reduced transaction fees for layer-2 networks.
By inviting researchers to contribute to the Poseidon analysis, Ethereum is paving the way for potential improvements that could reduce gas fees and strengthen network security while ensuring robust support for its expanding user base.
#ethereum #CryptoInnovation #zkproofs #blockchain
Subscribe #Cryptoknowmics for latest crypto news and updates:
๐Top Project From Recent Funding Round โ Ligero๐
๐ Ligero has just secured $4.00M in its latest funding round! ๐
๐นAbout: Ligero is a blockchain privacy platform designed to enable secure and private collaboration for decentralized applications. Founded in 2018, Ligero specializes in lightweight, scalable protocols for secure multiparty computation (MPC) and zero-knowledge proofs (ZKPs). The platform supports confidential transactions, private smart contracts, and secure auctions for decentralized exchanges and dark pools. Ligero also offers tools for verifiable machine learning, ensuring privacy and correctness in AI applications. Its innovative solutions allow developers to deploy zero-knowledge proofs directly from a browser without requiring a trusted setup. Ligero's infrastructure is tailored for high-performance blockchain applications, combining privacy with scalability. The project has attracted significant attention for its ability to address privacy challenges in decentralized ecosystems. With a focus on secure and efficient data processing, Ligero is poised to become a key player in the blockchain privacy space.๐๐
๐น Lead Investors: ConsenSys, 1kx, Robot Ventures, Galaxy VC, Nascent and many more.
๐น Total Raised: $5.15M.
๐น Project Category: Blockchain Infrastructure.
๐If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha ๐ฆ๐๐ป
#InfrastructureCoins #Ligero #zkProofs #MPC #BlockchainInfrastructure $ZK
$ETH
$IO
๐นAbout: Ligero is a blockchain privacy platform designed to enable secure and private collaboration for decentralized applications. Founded in 2018, Ligero specializes in lightweight, scalable protocols for secure multiparty computation (MPC) and zero-knowledge proofs (ZKPs). The platform supports confidential transactions, private smart contracts, and secure auctions for decentralized exchanges and dark pools. Ligero also offers tools for verifiable machine learning, ensuring privacy and correctness in AI applications. Its innovative solutions allow developers to deploy zero-knowledge proofs directly from a browser without requiring a trusted setup. Ligero's infrastructure is tailored for high-performance blockchain applications, combining privacy with scalability. The project has attracted significant attention for its ability to address privacy challenges in decentralized ecosystems. With a focus on secure and efficient data processing, Ligero is poised to become a key player in the blockchain privacy space.๐๐
๐น Lead Investors: ConsenSys, 1kx, Robot Ventures, Galaxy VC, Nascent and many more.
๐น Total Raised: $5.15M.
๐น Project Category: Blockchain Infrastructure.
๐If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha ๐ฆ๐๐ป
#InfrastructureCoins #Ligero #zkProofs #MPC #BlockchainInfrastructure $ZK
$ETH
$IO
Tired of Pennies? This Microsoft-Backed Crypto Could Be Your Golden Ticket!
How to Potentially Ride the Next Wave of Innovation with Space and Time (SXT)
Well now, folks, gather 'round and let me spin you a yarn about a critter in the crypto kingdom called Space and Time, or SXT for short. This ain't just another fly-by-night digital doodle; it's got the backing of no less than that behemoth of bytes, Microsoft! And they're cookin' up something mighty interesting with blockchain and something they call ZK-proven data. Sounds like snake oil? Hold your horses!
Is Your Portfolio Feeling a Tadโฆ Ordinary? Spice It Up with This Intriguing Token.
Now, what in tarnation is ZK-proven data? Think of it like this: you can prove something is true without showing all your cards. Mighty handy in this age of prying eyes and digital eavesdroppers. Space and Time is harnessing this magic on the blockchain, and with Microsoft hitching their wagon to this star, it suggests they see something special.
How to Potentially Lasso Some Gains with SXT: A Beginner's Guide.
Thinkin' of dipping your toes? It ain't as scary as a Mississippi mudslide, trust me. First, you'll need a crypto corral โ an exchange that lists SXT. Then, do your own darn research โ don't just take my word for it! Understand what Space and Time is tryin' to do. If it tickles your fancy, you can then acquire some SXT. Keep a watchful eye, just like a hawk, and remember, don't bet the whole farm on one hand.
You Won't Believe the Potential Brewing with This Microsoft-Linked Crypto.
This ain't just about fancy tech; it's about real-world applications. Imagine businesses verifying data without revealing sensitive information. That's the kind of power Space and Time is aiming to unlock. With Microsoft in their corner, the trail ahead looks promising. Could SXT be the next big boom in your crypto saloon? Only time will tell, but it's certainly worth a peek.
#STX #STX/USDT #Microsoft #zkProofs #TrendingTopic $SXT @EliteDailySignals
Follow us for quality crypto insight and Trending assets.
How to Potentially Ride the Next Wave of Innovation with Space and Time (SXT)
Well now, folks, gather 'round and let me spin you a yarn about a critter in the crypto kingdom called Space and Time, or SXT for short. This ain't just another fly-by-night digital doodle; it's got the backing of no less than that behemoth of bytes, Microsoft! And they're cookin' up something mighty interesting with blockchain and something they call ZK-proven data. Sounds like snake oil? Hold your horses!
Is Your Portfolio Feeling a Tadโฆ Ordinary? Spice It Up with This Intriguing Token.
Now, what in tarnation is ZK-proven data? Think of it like this: you can prove something is true without showing all your cards. Mighty handy in this age of prying eyes and digital eavesdroppers. Space and Time is harnessing this magic on the blockchain, and with Microsoft hitching their wagon to this star, it suggests they see something special.
How to Potentially Lasso Some Gains with SXT: A Beginner's Guide.
Thinkin' of dipping your toes? It ain't as scary as a Mississippi mudslide, trust me. First, you'll need a crypto corral โ an exchange that lists SXT. Then, do your own darn research โ don't just take my word for it! Understand what Space and Time is tryin' to do. If it tickles your fancy, you can then acquire some SXT. Keep a watchful eye, just like a hawk, and remember, don't bet the whole farm on one hand.
You Won't Believe the Potential Brewing with This Microsoft-Linked Crypto.
This ain't just about fancy tech; it's about real-world applications. Imagine businesses verifying data without revealing sensitive information. That's the kind of power Space and Time is aiming to unlock. With Microsoft in their corner, the trail ahead looks promising. Could SXT be the next big boom in your crypto saloon? Only time will tell, but it's certainly worth a peek.
#STX #STX/USDT #Microsoft #zkProofs #TrendingTopic $SXT @EliteDailySignals
Follow us for quality crypto insight and Trending assets.
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