How Does the New-And-Improved Ethereum ACTUALLY Work?
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As we coated in our first article:
Layer 2’s are about to pop off following Ethereum’s Dencun improve — and by ‘pop off’ we imply ‘get method cheaper.’
…however how?
We’re glad we requested!
A giant contributing issue to this charge discount is the optimization of knowledge by way of zk-proofs, which…how will we clarify this?
Let’s say you had 100 films on a tough drive, and also you requested two separate individuals to rank them from finest to worst…
If Individual #1 had already seen every film, whereas Individual #2 hadn’t seen any of them — who do you assume is handing their listing in first?
Def Individual #1.
Zk-proofs work in an analogous method…
They course of the data as soon as (aka ‘watch the film’) then can reply primary sure/no questions primarily based off of these learnings, indefinitely.
In a crypto context, the query could be extra like:
“Is that this group of 1000 transactions legit, verified, and good to be processed?”
Outdated reply: “idk, let’s undergo them one by one and discover out.”
New reply: “yep.”
Okay, now !
