Ethereum

The Ethereum Foundation has announced a major investment initiative in Zero-Knowledge Virtual Machines (zkVMs). According to Ethereum researcher Justin Drake, the Foundation is directing tens of millions of dollars toward three key zkVM projects.The initiative includes zkRISC-V formal verification, Poseidon cryptanalysis, and an L2beat platform specifically designed for zkVMs. This investment aims to improve Ethereum&#39;s scalability while maintaining compatibility with existing smart contracts.The verified-zkevm.org project focuses on formal verification of zkRISC-V. It also works to ensure the mathematical correctness of zero-knowledge proofs. Meanwhile, the Poseidon-initiative.info concentrates on cryptanalysis. This strengthens the security foundations of zkVM technology. The upcoming ethproofs.org platform will serve as a resource for tracking and analyzing zkVM developments.<a href="https://cryptotale.org/ethereum-foundation-invests-in-zkvms-to-boost-scalability/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ethereum Foundation Invests in zkVMs to Boost Scalability

CryptoTale

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