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Vitalik Buterin, the co-founder of Ethereum, has proposed a solution to address scalability challenges on the Ethereum network. His new proposal involves integrating a zero-knowledge Ethereum Virtual Machine (ZKEVM) directly into the Ethereum platform.
This move aims to improve scalability by allowing layer-2 solutions to be built directly on Ethereum, rather than relying on external protocols. By enshrining the ZKEVM within Ethereum itself, Buterin hopes to enhance the network’s capacity to handle a larger number of transactions.
The integration of the ZKEVM is expected to provide greater privacy and security for Ethereum users. Zero-knowledge proofs enable users to verify the correctness of computations without revealing the underlying data, ensuring confidentiality while maintaining the integrity of the network.
This proposal comes as Ethereum continues to face challenges related to scalability, with congestion and high transaction fees becoming increasingly problematic. By incorporating the ZKEVM, Buterin aims to address these issues and pave the way for a more efficient and scalable Ethereum network.