Nil Foundation Introduces Type-1 zkEVM for Improved Ethereum Scaling Security
Ethereum research and development firm =nil; Foundation has unveiled Type-1 zkEVM, a new solution that aims to enhance the security and scalability of the Ethereum network. This innovation operates on the zkRollup framework and incorporates zkSharding technology, offering advanced security features while maintaining compatibility with Ethereum.
Integration of zkLLVM
=nil;’s zkEVM stands out for its integration of zkLLVM, a proprietary compiler that automates the construction of core components. This automated approach eliminates potential insecurities associated with manual circuit definition processes used by other platforms. The zkLLVM compiles high-level code into efficient zk-SNARK circuits, reducing the risk of human error and streamlining circuit implementation.
Revolutionizing Ethereum’s Scalability
The Type-1 zkEVM, compiled through zkLLVM, aims to revolutionize Ethereum’s scalability by addressing security and compatibility concerns that have hindered liquidity migration to zkRollups. It enhances auditability, simplifies circuit implementation, and reduces security vulnerabilities. Additionally, it is highly adaptable to changes in the Ethereum Virtual Machine (EVM), making it a future-proof scaling solution.
Improved Auditability and Compatibility
=nil;’s zkEVM offers improved auditability by automating compilation from mainstream programming languages, making it more accessible and cost-effective for auditing processes. It also aligns closely with evmone, ensuring better security and quicker implementation without the need for auditing different bytecode implementations.
Enhancing Ethereum Scaling with zkSharding
This new Type-1 zkEVM powers =nil;’s zkRollup, aiming to scale Ethereum to over 60,000 transactions per second through zkSharding. This technology enables developers to build composable applications with transparent access to Ethereum data.
Hot Take: Type-1 zkEVM Boosts Ethereum’s Security and Scalability
The introduction of Type-1 zkEVM by =nil; Foundation marks a significant milestone in enhancing the security and scalability of the Ethereum network. By integrating zkLLVM and leveraging zkSharding technology, this solution addresses key concerns related to security vulnerabilities and compatibility. With improved auditability, streamlined circuit implementation, and adaptability to EVM changes, Type-1 zkEVM offers a future-proof scaling solution for Ethereum. This innovation paves the way for faster transaction processing and the development of composable applications. Overall, Type-1 zkEVM is set to play a crucial role in the continued growth and evolution of the Ethereum ecosystem.