Tag: Closer

Bitcoin Nodes Now One Step Closer to Instant Sync

coiner

Bitcoin light clients are now able to sync to the tip of the blockchain nearly instantly, thanks to a new development enabled by bitcoin startup ZeroSync and their work in zero-knowledge (ZK) proofs. Ultimately, ZeroSync seeks to enable full nodes to do the same. ZK proofs allow a prover to generate a short mathematical statement that proves to a verifier that a given computation is correct without revealing any details about such computation. Constructing this proof can be computationally expensive, but the statement it provides is always very compact, regardless…

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Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet

coiner

Starknet, a zero-knowledge layer-2 scaling solution for Ethereum, is one step closer to becoming fully Ethereum Virtual Machine (EVM) compatible, pending an August testnet launch of Kakarot, a new zkEVM. On June 3, the Kakarot team announced it had received new backing from Ethereum co-founder Vitalik Buterin, Ledger co-founder Nicholas Bacca and Starkware. We have powered up and entered Super Saiyan mode⚡. Kakarot Labs has officially been incorporated and closed a pre-seed round with top-tier investors. Let’s unpack our vision, current standing, and the exciting future ahead. pic.twitter.com/VI8QRdPLfw — Kakarot…

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