U.S. 2-Year Treasury Auction Bids-to-Cover Ratio as of July 28

About the performance of the Ethereum Virtual Machine (EVM) Every operation on the Ethereum mainnet costs a certain amount of Gas. If we put all the calculations required to run the basic application on the chain, either the app will crash or the user will go bankrupt. This gave birth to L2: OPRU introduces a collator to bundle a bunch of transactions before committing to mainnet. This not only helps the app to undertake the security of Ethereum, but also gives users a better experience. Users can submit transactions faster, and fees are cheaper. While operations have become cheaper, it still uses the native EVM as the execution layer. Similar to ZK Rollups, Scroll, Polygon zkEVM uses or will use EVM-based zk circuits, and zk Proof will generate...

The ZK co-processor, as a new paradigm for blockchain applications, aims to address the high Gas fees and data access limitations on the Ethereum blockchain, enhancing computational and data processing capabilities. By integrating ZK technology, this co-processor can achieve off-chain trusted computing, widely applied in fields such as social media and DeFi. Despite facing technical and market challenges, the ZK co-processor embodies the potential to reshape the blockchain ecosystem and promote the development of low-cost trusted computing.

ZKWASM technology combines WebAssembly and zk-SNARKs to provide an efficient and secure data processing solution, addressing the contradiction between privacy and data utilization. Its performance improvements, developer friendliness, and seamless integration with Blockchain will drive the implementation of applications in fields such as Decentralized Finance and Web3 gaming, becoming the core force of future privacy computing.

The ZK co-processor, as a new technology for Ethereum, addresses the issues of high Gas fees and historical data access limitations by handling complex off-chain computations and data. It is expected to reshape the Web3 infrastructure and promote the implementation of various Web2 applications on the blockchain, although it still faces technical and hardware challenges.

The introduction of co-processors in the blockchain field aims to address the Gas fee and computational bottleneck issues of Ethereum. ZK co-processors can perform complex calculations off-chain, supporting a wide range of applications such as social media, Decentralized Finance, and more. Despite facing challenges, technological iterations may drive their large-scale application, helping blockchain accommodate more users.