Developing a Secure Zero-Knowledge EVM Compiler for Ethereum Scaling Solutions - Latest cryptocurrency news

Developing a Secure Zero-Knowledge EVM Compiler for Ethereum Scaling Solutions

=nil; Foundation has developed a new zero-knowledge Ethereum Virtual Machine (zkEVM) compiler aimed at addressing security issues identified in similar ZK-supported Ethereum scaling solutions. The company’s CEO and co-founder, Misha Komarov, emphasized that the technology prioritizes security and allows high-level programming codes to be automatically compiled into Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs) circuits.

The company’s zkEVM infrastructure is designed to be compatible with evmone, the C++ version of Ethereum’s core execution environment. The key point here is the processing of application code and the presentation of proofs to Ethereum in the same format as with EVM.

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Compatibility provided by identical bytecode eliminates the need for long and expensive code audits, providing better security and faster deployment. This approach also offers transactions and smart contracts that are directly compatible with the Ethereum Virtual Machine.

In 2023, several notable zkEVM solutions were launched with the aim of helping Ethereum handle large transaction loads and smart contract functions. In this field, companies such as Consensys, Polygon, StarkWare, and Matter Labs attracted attention by launching ZK-rollup solutions that offer high efficiency and low fee capacities to decentralized applications, services, and network users.

Unlike other zkEVMs, Komarov points out that the solution of =nil; Foundation is based on an automatic compiler. Komarov describes existing approaches as time-consuming and overly complex, and also emphasizes that they carry the risk of human error.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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