Optimism

<ul><li>Ethereum layer 2 solution Optimism recently implemented zero knowledge proofs for OP Chains.</li><li>The latest development would allow Optimism’s arbitrary program execution traces.</li><li>Optimism’s native token OP gained nearly 3% following the ZKP implementation.</li></ul>Optimism, one of the leading layer 2 scaling solutions for the Ethereum mainnet, recently announced the implementation of zero-knowledge proofs for its OP Chains. OP Chains is the name given to a network of layer 2 chains that share functions including bridging, decentralized governance, and upgrades, among others.O(1) Labs took to Twitter earlier today to announce the latest partnership with the Optimism Foundation:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ea1c69a4aafd416ea803a32c55a9d86d.png" />According to O(1) Labs, the integration of a fault-proof program-compatible MIPS virtual machine was proposed for the OP Stack in order to enhance its efficiency. The MIPS VM would also work seamlessly with a Nova-folding-style bn128-kzg-plonkish system. This combination would allow O(1) Labs to prove the correctness of arbitrary program execution traces.As per Optimism’s <a href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/61#issuecomment-1611488039" rel="noopener noreferrer nofollow">Github</a> repository, the implementation of a zero-knowledge proof (ZKP) for OP Chains was a prerequisite for secure and low-latency cross-chain communication between Layer 2 and Layer 1. ZKP would also enable such communication directly between OP Chains. The OP Stack Zero Knowledge Proof was dubbed Foundation Mission (RFP).Read full article at <a href="https://cryptotale.org/optimism-foundation-implements-zero-knowledge-proofs-for-op-chains/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Optimism Foundation Implements Zero Knowledge Proofs For OP Chains

CryptoTale

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