Ethereum (ETH) co-founder Vitalik Buterin has listed several points that he argues are worth working on, during the ETH Seoul 2022, an Ethereum and blockchain-focused event held in South Korea.
In the first place, the Ethereum mastermind encouraged developers to build rollups, a type of scaling solution that involves rolling-up transactions and presenting them as a single transaction to decrease costs while increasing speed.
He specifically emphasized the growth of zero-knowledge technologies, and the need for more work on zero-knowledge rollups, aka zk-rollups. Buterin said that succinct non-interactive zero-knowledge proofs (zk-SNARKs), a proof architecture where one can demonstrate ownership of specific knowledge without disclosing that knowledge, are almost as important as the blockchain technology itself.
"I actually think zk-SNARKs might be like almost or even equally as important to the f,,,] privacy, openness, and [...] freedom kind of alternative. decentralized, web tech...
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