Blockchain

Arbitrum Says No To Zero-Knowledge Technology

Arbitrum has made notable updates during the rollout of the Nitro version. Besides, a notable detail is founder Steven Goldfeder’s tweet explaining the platform’s solution.

On July 28, the platform announced that it had successfully migrated the Arbitrum Rinkeby testnet to the Nitro version.

According to the shared team, the official process of deploying Nitro on the mainnet will take place soon. Nitro is considered an upgraded version for the current Arbitrum One, a platform that is too prone to congestion before the invasion of a powerful bot army.

The upcoming version of Nitro will say goodbye to AVM (a virtual machine system) and move towards the WASM model.

Steven Goldfeder, the founder of Offchains Labs – the unit behind the development of Arbitrum– also shared a series of tweets about this milestone.

He said that the platform’s initial orientation has always been to develop around the original problem’s destination instead of emphasizing tools and solutions.

Sharing his expertise in security, Steven said that many people around him were surprised when he chose Optimistic Rollup technology for Arbitrum instead of zk (Zero-Knowledge).

The Scaling Wars to scale up for Ethereum are going very unpredictably, as many projects continuously announce their product roadmaps. After The Merge, Layer-2 solutions are expected to be a remarkable keyword shortly.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.