Vitalik Buterin Celebrates Real-Time ZK Proving Milestone for Ethereum

Ethereum co-founder Vitalik Buterin has lauded the recent achievement of real-time zero-knowledge (ZK) proving, a significant step forward in the network’s evolution. This breakthrough signifies a potential paradigm shift in blockchain scalability and security, leading to an estimated 2.3% price increase in Ethereum following the announcement. However, challenges remain regarding ZK technology’s readiness for direct Layer 1 application. The impact of this milestone is expected to extend beyond Ethereum itself, potentially influencing the landscape of privacy-focused projects and Layer 2 solutions.