According to a report from CoinWorld, Ark Invest founder Cathie Wood posted on X that, although she does not understand all the technical details, the initiatives proposed by the Ethereum Foundation regarding scalability and privacy seem to be the right direction to ensure its leading position in the institutional field.

Previously, the Ethereum Foundation published a blog post on July 10, announcing plans to fully integrate zero-knowledge proof (zk) technology at the Ethereum L1 layer. This upgrade is expected to bring significant changes in scalability and privacy, which may profoundly impact the future development path of Ethereum.