The Ethereum Foundation recently announced a major investment, injecting tens of millions of dollars into zkVM technology💰. The investment includes support for zkRISC-V formal verification, Poseidon cryptographic analysis, and L2beat for zkVMs. This move shows Ethereum's firm determination to promote innovation in blockchain technology.
zkVM (zero-knowledge virtual machine) is considered one of the key technologies to enhance blockchain privacy and security. Through this investment, the Ethereum Foundation hopes to accelerate the development of zkVM and provide users with a safer transaction environment🔒.
Although the market has different views on the future of zkVM, this investment has undoubtedly injected new impetus into its development⚡.