London-based Startup Herodotus Introduces Developer Tool to Verify Ethereum’s History
London-based startup Herodotus has collaborated with StarkWare to develop a developer tool called “on-chain accumulator.” This tool allows users to read and verify data from any point in Ethereum’s history using storage proofs, a cryptographic method. The technology aims to overcome a limitation in Ethereum by validating more than just the last 256 blockhashes. With this innovation, users will have access to Ethereum’s complete history, bringing transparency and accessibility to the blockchain community.
Main Breakdowns:
- Herodotus introduces the on-chain accumulator tool
- Collaboration with StarkWare to overcome Ethereum’s limitation
- Benefits of the tool, such as permissionless account recovery systems and insurance protocols
- Utilization of storage proofs and compatibility with Ethereum and Starknet
Hot Take:
The introduction of Herodotus’ on-chain accumulator tool is a significant development for Ethereum. It addresses the limitation of only validating the last 256 blockhashes, allowing users to access and verify data from any point in Ethereum’s history. This innovation aligns with the principles of transparency and accessibility that are crucial in blockchain communities. It also opens up possibilities for permissionless account recovery systems and insurance protocols that rely on historical on-chain data. Overall, this tool will enhance the functionality and usability of Ethereum.