Vitalik Buterin addresses ZKasino’s misuse of ‘zero-knowledge’ in $33M scam

Introduction: In the wake of recent events surrounding ZKasino’s alleged misuse of ‘zero-knowledge’ technology, it is imperative to delve into the implications of such actions for the blockchain ecosystem. The promise of zero-knowledge proofs lies in their ability to facilitate secure and private transactions, bolstering trust and confidentiality in decentralized systems. However, when this powerful…

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Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum ‘Universal Settlement Layer’

Zero-knowledge rollup ZKM has been unveiled out of incubation from the MetisDAO Foundation, saying it plans to make Ethereum the “universal settlement layer for all blockchain and non-blockchain applications.” With funding from the foundation that oversees development of Metis, a layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups…

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