=none; Ethereum infrastructure developer Foundation has unveiled its latest innovation, a proprietary Type-1 zero-knowledge Ethereum virtual machine (zkEVM) powered by zkLLVM, an automatic circuit compiler, the company said in a statement on December 12. CryptoSlate.
The foundation said the released zkEVM technology underpins its innovation =nil;, a zkRollup solution designed to significantly improve Ethereum’s scalability to over 60,000 transactions per second (TPS) through zkSharding.
The cutting-edge zkEVM also powers =nil;’s zkRollup function on the Ethereum mainnet, promising improved security while maintaining full compatibility with blockchain networks.
=nil;’s automated circuit compiler, zkLLVM, stands out in that it can compile advanced code like C++ or Rust into efficient zk-SNARK circuits. The integration of zkLLVM allows zkEVM to operate autonomously, eliminating the need for human intervention in core processes and reducing the risk of human error.
Key features of Type-1 zkEVM
=nil; The Foundation highlighted how zkEVM addresses critical security issues with existing zkEVM solutions.
Over the past year, numerous zkRollups have debuted on the Ethereum mainnet in response to the urgent need for scalability. However, security concerns surfaced due to vulnerabilities identified in the audit. Ethereum co-founder Vitalik Buterin warning There is a risk of hacking these complex systems.
=none; zkEVM claims to avoid these problems through an automated process. This automation not only mitigates human error, but also simplifies and reduces zkEVM audit costs. This auditability is facilitated by automated processes and the use of mainstream programming languages, resulting in improved comprehension by a wider audience.
Plus =nil; zkEVM is said to boast seamless upgradeability and high adaptability to the Ethereum Virtual Machine (EVM). zkLLVM’s automated circuit compiler allows you to easily recompile circuits based on parameter modifications.
The company also highlighted zkEVM’s compatibility with evmone, the C++ version of Ethereum’s native execution environment. This compatibility supports improved security and accelerates implementation.
From 2018 =nil; The Foundation has been actively researching and developing Ethereum scalability infrastructure. In addition to zkLLVM and =nil zkRollup, we introduced a placeholder proof system and a basic proof market earlier this year.
Earlier this year, the company secured $22 million in a funding round that included Polychain Capital.