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Foundation Nil launches zkEVM: transforming Ethereum

Foundation Nil launches zkEVM: transforming Ethereum

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by dapp_writer003

a year ago


Foundation Nil, the Ethereum research and development firm, has introduced the Type-1 zkEVM, a pioneering solution designed to enhance the security and scalability of the Ethereum network. Built on the zkRollup framework and incorporating zkSharding technology, zkEVM distinguishes itself by integrating zkLLVM, a proprietary compiler automating the construction of essential components. This integration eliminates potential security vulnerabilities arising from traditional manual circuit definition processes seen in other platforms.

One notable feature of zkEVM is its integration of zkLLVM, a proprietary compiler streamlining the creation of core components. This automated approach aims to mitigate potential insecurities arising from the conventional manual circuit definition process adopted by other platforms.

The zkLLVM swiftly compiles high-level code from languages like C++ or Rust into efficient zk-SNARK circuits. This eliminates the need for time-consuming manual circuit definition, minimizing the risk of human error. According to Misha Komarov, CEO and co-founder of Foundation, zkEVM aims to revolutionize Ethereum's scalability by directly addressing security and compatibility concerns that have impeded the migration of liquidity to zkRollups.

The Type-1 zkEVM, compiled through zkLLVM, offers enhanced auditability, streamlined circuit implementation, and reduced potential for security vulnerabilities. It improves auditability by automating compilation from mainstream programming languages, making it more accessible and cost-effective for auditing processes. zkEVM is highly adaptable to Ethereum Virtual Machine (EVM) changes, ensuring it remains a future-proof scaling solution.

Unlike existing platforms relying on manual circuits, zkEVM accommodates changes in parameters, simplifying and expediting the integration of new Ethereum Improvement Proposals (EIPs). Additionally, zkEVM stands out for its Type-1 bytecode compatibility, closely aligning with evmone, a C++ version of Ethereum's base execution environment.

This compatibility ensures better security and quicker implementation, eliminating the need for auditing different bytecode implementations. In contrast, other zkEVMs with less compatibility require substantial efforts to replicate exact EVM behavior.

The newly introduced zkEVM powers zkRollup, aiming to scale Ethereum to over 60,000 transactions per second through zkSharding. This enables developers to construct composable applications with transparent access to Ethereum data. The Type-1 zkEVM represents a significant stride in addressing Ethereum's scalability concerns while providing a secure and adaptable environment for decentralized applications.

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