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OH looking at Circle stock price: "web3port made it to tradfi"

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tl;dr from the past week of EF workshops in Berlin: Ethereum is all-in zkVMs for scaling the L1. Real-time proving showed that massively scaling the L1 with ZK is possible today. Justin Drake even outlined a path to eventual enshrinement of zkVMs in the L1. They are far more serious about this effort than I realized. More details 🧵

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Solana going “war mode” on Hyperliquid and CLOBs tells you all you need to know: single-chain architecture ngmi, ZK-powered L2s/rollups/network extensions, whatever you want to call them, are the way forward. Real ones know and have been building for a long time (some with SP1): @hibachi_xyz, @bulletxyz_ , @Lighter_xyz , @tradeparadex and a few more in stealth 👀

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Will be in Berlin for the week and excited for all of the Ethereum protocol discussions! Biggest topic of the week: scaling the L1 with zkVMs + prover networks DM me if you’re in town

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The future of zkVM demand has never looked brighter. Every day, I hear about a new verifiable exchange being built. These performant orderbooks will require an insane number of proofs. Can already count >10 strong teams are tackling this space.

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In Q1 of this year, we went hard with the "every rollup will be a ZK rollup" messaging. At this point, this transition seems inevitable--although it'll take some time to play out, as technology adoption always does. This quarter, we've been seeing the rise of non-rollup use-cases for ZK that are equally exciting: • ZK identity aka "Proof of Whale" (h/t @freakmycrypto who used it to bootstrap an anonymous X account) • Private stablecoins, like @MyntUSD • Verifiable exchanges aka "ZK Hyperliquid", announcements Soon TM ZK tidal wave incoming.

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