Vitalik Buterin, a prominent figure in the blockchain industry, praised the recent breakthrough in zero-knowledge technology that could significantly impact the scalability and efficiency of Ethereum. However, he also emphasized important limitations of the system.
Zero-Knowledge Breakthrough
The real-time zero-knowledge proving system was developed by **Uma Roy**. The focus is on its potential impact on Ethereum's scalability. Buterin noted:
> "Truly amazing... [but] should not be seen as production-ready for Ethereum’s Layer 1 network."
System Limitations and Expert Opinions
Buterin pointed out the limitations of the new system, emphasizing the lack of formal verification, as well as the need to address worst-case scenarios. Expert **Charles Hoskinson** critiqued its practicality, pointing to possible vulnerabilities in real-world applications.
Future of the Technology for Ethereum
It is important to note that at this time the technology's impact is confined to discussions in academic circles and research. Significant changes in Ethereum's market dynamics are not expected until the technology undergoes broader implementation and verification. The Ethereum community continues to assess the system's viability under real-world conditions.
The potential of zero-knowledge technology for Ethereum remains uncertain until improvements in development and verification are achieved. History shows that such advances could eventually impact related Layer 2 protocols.
