While Ethereum is winning in every way imaginable, Bitcoin is going into a full-on identity crisis, tearing down the whole crypto market with it. The sooner ETH decouples and takes over from BTC, the sooner this industry will finally be taken seriously.
insanely BULLISH for ethereum scaling roadmap. JUST IN: ZKSync's airbender team demonstrates two 5090 GPUs can generate a proof for every ethereum L1 block. it means: - block gas limits can increase safely - L2s get cheaper - blob usage goes up - ETH burn intensifies - settlement approaches real-time - ZK proving becomes consumer-grade hardware i break down further what this means for ethereum below: > normally proving a block is computationally very expensive. > now, 2 gaming GPUs β†’ full L1 proofs (absurd efficiency) If ZK proofs can be produced quickly for bigger blocks, then ethereum can safely increase block gas limits. more gas per block β†’ more transactions β†’ more throughput β†’ cheaper L2 fees β†’ more blob use β†’ more ETH burned. if proving gets cheap enough, more people can run provers and L2s can settle faster. ethereum is no longer expensive or slow. this makes ethereum provably and structurally scalable. ETH.
4.47K
51
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.