ARK Invest founder Cathie Wood expressed support for Ethereum’s technical roadmap, emphasizing the importance of scalability and privacy to maintain competitive leadership.
Cathie Wood's Support
Cathie Wood, founder of ARK Invest, stated on June 13 via X that the Ethereum Foundation proposes the correct measures for scalability and privacy.
CITE_NA: "I may not grasp all details, but Ethereum Foundation appears to propose correct measures for scalability and privacy to maintain institutional leadership."
Ethereum's Strategy Components
The Ethereum strategy relies on two primary components: a zero-knowledge virtual machine processes transactions on Ethereum’s base layer using cryptographic proofs called snarks. This allows validators to confirm block validity without redoing every operation, significantly reducing computing requirements.
Proof Generation Standards
On July 10, the foundation standardized real-time proof criteria. Developers must target 128-bit security long-term. Initially, 100-bit security is permitted. Proof sizes cannot exceed 300 KiB, and trust-based recursive methods are excluded entirely. Verification durations must be under 10 seconds maximum, accommodating Ethereum's 12-second block intervals.
Cathie Wood's endorsement highlights the significance of scalability and privacy technologies within Ethereum, particularly amid the growing interest in cryptocurrencies and blockchain.
