21min chapter

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A16z 2024 State of Crypto Report | Eddy Lazzarin & Daren Matsuoka

Bankless

CHAPTER

Blockchain Growth and Zero Knowledge Innovations

This chapter explores the remarkable growth in blockchain transaction speeds, driven by advancements in Ethereum scaling and innovative Layer 1 solutions like Solana. It highlights the potential of Zero Knowledge (ZK) proofs in enhancing privacy and efficiency, while discussing the development of ZK virtual machines and their implications for security and artificial intelligence. The conversation also covers the current dynamics of the crypto space, emphasizing the dominance of DeFi and the intersection of cryptocurrency with emerging AI technologies.

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