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Bankless
Scaling Ethereum To The Next Level with zkEVM
Aug 30, 2023
Brian Retford, CEO of RiscZero, and Justin Drake discuss the creation of zkEVM for Ethereum with low compute requirements, potential implications for Ethereum's future, snarks and data availability sampling to remove computation bottleneck, RISC-V as an instruction set architecture, performance optimization of zkEVM, and risks and security considerations in the ZK roll-up space.
01:11:41
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Quick takeaways
- Snarkifying the Ethereum ecosystem can significantly scale Ethereum faster than anticipated, increasing gas limits and enabling a virtually limitless and free compute model.
- Risk Zero's project, ZETH, aims to build a type 1 ZK EVM that adheres to the original Ethereum specification, without compromising any functionalities and leveraging Rust-based EVM implementation called Reth.
Deep dives
Advancing Ethereum through Snarkification
The podcast episode delves into the concept of snarkifying the Ethereum ecosystem. It explains that snarkification involves using cryptographic breakthroughs like ZK snarks to scale Ethereum faster than anticipated. The conversation explores the potential of snarkifying the EVM and the implications it has for scalability, including increasing the gas limit and enabling a virtually limitless and free compute model for Ethereum. By snarkifying the EVM, the requirements for validators can be reduced, allowing for validation from devices as small as smartwatches. The episode also highlights the promise of enshrined rollups, which could convert optimistic rollups to ZK rollups and pave the way for multi-threaded EVMs. The conversation emphasizes that snarkification accelerates scalability in blockchains and holds immense potential for future innovations and applications.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode