Buterin: Blockchain needs new cryptography to evolve
- —Buterin spoke at a blockchain summit in Shanghai
- —Core technologies cited: SNARKs, STARKs, FHE and formal verification
- —ZK tech is moving from research into real Ethereum EIPs
- —AI is speeding up development and verification of complex cryptosystems
Why it matters: A signal of Ethereum's development priorities: a bet on ZK and privacy could shape its competitiveness across L1 and L2.
Source: Bloomingbit