Bankless Scaling Ethereum To The Next Level with zkEVM
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Aug 30, 2023 Brian Retford, CEO of RiscZero, dives into the exciting world of zkEVM technology designed for Ethereum. He reveals how this innovative solution could dramatically lower compute requirements, enabling validators to potentially run on smartwatches and mobile phones. The discussion explores the future of scaling Ethereum, touching on concepts like 'snarkifying' everything and the implications of type one ZK EVMs. Retford also highlights the technical challenges and benefits of integrating RISC-V architecture, all while hinting at what's next for Ethereum's evolution.
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Snarkifying Ethereum
- Snarkifying Ethereum involves snarkifying the EVM and the beacon chain.
- This will eliminate compute bottlenecks, enabling validation on smartwatches and easier L1 state verification.
Accessibility and Security
- Currently, interacting with Ethereum requires full nodes, creating a barrier to entry often patched with centralization (e.g., Metamask/Infura).
- Snarkification enables direct interaction with minimal hardware, enhancing accessibility and security.
Bandwidth Requirements
- ZK technology and data availability sampling minimize bandwidth needs.
- Users won't need to download blocks, only make small queries, ensuring they're on the canonical chain.