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Cryptocurrency News by Tradecoind2
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[QUOTE="tradecoind2, post: 328031, member: 103239"] [B]Nil Foundation introduces zkSharding to Ethereum[/B] Ethereum Scaling Solution Generator = nil; The Foundation introduced zkSharding to Ethereum, aiming to achieve faster transaction speeds while maintaining the security that is Ethereum’s advantage. Sharding, unlike other popular scaling solutions, is designed to split the Ethereum network into different parts and process transactions in a cheaper, more efficient way. ZkSharding uses zero-knowledge (zk) technology to create proofs, ensuring that transactions are valid across different Layer-2 shards before being sent to the Ethereum mainnet. The larger the sub-shard, the higher the maximum throughput on Ethereum. This technique should not be confused with Proto-Danksharding, which refers to Ethereum Improvement Proposal (EIP) 4844 and whose main purpose is to reduce transaction costs for zk rollups by storing them in data blobs temporarily, according to Misha Komarov, CEO and co-founder of =nil;. All zk rollups can benefit from Proto-Danksharding, but only applications built on =nil; can benefit from zkSharding. Komarov noted that data-intensive and high-load environments will be able to benefit the most from zkSharding. “Is a zk rollup, =nil; benefits from Proto-Danksharding which reduces fees for storing transactions on Ethereum, however zkSharding as a scaling concept addresses the fragmentation of liquidity and economic security,” said Komarov. Komarov said that ZkSharding represents a combination of modular and monolithic blockchain architecture, and provides a suitable solution based on its features in a competitive Layer-2 environment. “We believe zkSharding addresses the drawbacks common to other alternatives on the market, by design, with application-specific scaling capabilities.” Specifically, Komarov noted that applications built on other zk rollups can only interact with liquidity or data that has been migrated to its specific zk rollup environment, limiting market efficiency and incur costs and assumptions through bridges for interoperability. “zkSharding introduces separate shards as dedicated Execution Layers that are fully composable, meaning one transaction can trigger the creation of new transactions on other shards,” Komarov said. clearly. However, these goals are familiar from other zk-based scaling approaches, such as that of zkSync. [B]Source:[/B] [URL unfurl="true"]https://tradecoind2.com/nil-foundation-introduces-zksharding-to-ethereum/[/URL] [/QUOTE]
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