According to Foresight News, Arbitrum has announced that it will implement zero-knowledge proofs (ZKP) through Stylus MultiVM. This development will allow the compiled ZKP verification program to run in WASM and will be fully compatible with EVM.
Zero-knowledge proofs are a cryptographic method that allows one party to prove to another that they know a specific piece of information, without revealing any details about that information. The implementation of ZKP in Arbitrum through Stylus MultiVM is expected to enhance the security and efficiency of transactions.
The compatibility of the ZKP verification program with EVM (Ethereum Virtual Machine) means that it can be used in the Ethereum network, which is one of the largest and most widely used blockchain platforms. This could potentially increase the adoption and usability of Arbitrum in the blockchain industry.
The use of WASM (WebAssembly) for running the ZKP verification program indicates that it can be executed in web browsers, making it more accessible to users. This is a significant step towards making blockchain technology more user-friendly and widely adopted.
In conclusion, the implementation of zero-knowledge proofs through Stylus MultiVM by Arbitrum is a significant development in the blockchain industry. It not only enhances the security and efficiency of transactions but also increases the accessibility and usability of blockchain technology.