October 13, 2024 at 09:23 PM GST updated: October 13, 2024 at 09:18 PM 2 mins read News ZK Proof technology is being applied across various blockchain use cases, from privacy-focused cryptocurrencies to scalability solutions. Projects like Mina and Loopring are using ZK proofs to address blockchain scalability issues in innovative ways. Worldcoinâs application of…
đ Stay Ahead with AltcoinDaily.co! đ In a recent announcement, Paradigm-backed startup Succinct Labs informed members of the public that it has been working with OP Labs, the main contributor to the Optimism protocol. As reported by The Block, their partnership is strategically targeted at solving zero-knowledge (ZK) rollups. In the X post, Succinct highlighted their…
September 12, 2024 at 12:05 PM GST updated: September 12, 2024 at 10:50 AM 2 mins read News Vitalik Buterin mandates Stage 1 readiness for Layer 2 rollups by 2024, emphasizing decentralized cryptographic trust. Rollup teams must meet a 75% council threshold and ensure 26% independence to achieve Stage 1, enhancing Ethereumâs security standards. ZK-rollup…