Understanding the zkEVM
zkEVM is an implementation of the EVM that leverages ZKPs to enable privacy-preserving smart contracts and computations on the Ethereum blockchain.
The EVM is the runtime environment for smart contracts on the Ethereum network. It is a Turing-complete virtual machine that processes and executes smart contract code, making it possible to build and deploy dApps on Ethereum. However, one of the limitations of the current EVM is the lack of native support for privacy-preserving computations and transactions.
The zkEVM aims to address this limitation by integrating ZKPs into the EVM, allowing users to create and interact with smart contracts while keeping their input, output, and state changes private. In a zkEVM, users can prove the correctness of their smart contract executions without revealing the underlying data, thus ensuring privacy and confidentiality.
Integrating ZKPs into the EVM has several potential benefits and use cases:
- Privacy-preserving...