Rob Viglione, CEO of Horizen Labs, discusses Ethereum's advancements towards zero-knowledge proofs. Recent milestones like EIP-4844 have enhanced the network, reducing transaction fees and congestion. While Layer 2 solutions offer cheaper transactions, challenges remain in verifying transactions efficiently. Zk-rollups, though costly, provide confidentiality for businesses. However, the adoption of modular proof verification solutions like zkVerify could reduce costs significantly. Despite concerns from big L2 ecosystems, RaaS providers are embracing this approach. Ethereum's limited support for zk-SNARKs poses efficiency and cost issues. Horizen Labs aims to address these challenges by offering zkVerify and an EVM-compatible chain. The community must evolve the EVM with zero-knowledge proofs to facilitate widespread adoption. Viglione emphasizes the importance of overhauling the EVM before the next adoption wave, highlighting the need for efficient onchain verification methods. Read more AI-generated news on: https://app.chaingpt.org/news

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