Key Points:
Optimism recently shared that they will be moving forward with proposals from O(1) Labs and RISC Zero, both offering innovative solutions to bring ZKPs to the platform. ZKPs are cryptographic concepts that allow one party to prove the truth of a statement to another party without revealing any additional information. This implementation will revamp Optimism’s tech stack, ensuring faster and more secure transactions.
RISC Zero’s proposal seeks to upgrade Optimism’s existing fault protocol, using ZKPs to validate state changes on the platform. Users can prove the correctness of state changes with ZKPs, while also challenging any incorrect state changes with supporting proofs.
On the other hand, O(1) Labs, known for incubating the Mina Protocol, is proposing a new fault-proof solution using Kimchi, a ZK-proof system used in Mina. This solution allows efficient proof of correct transaction execution, which is then used to update the Ethereum network’s state via smart contracts, enhancing performance, security, and compatibility.
The incorporation of ZKPs will enhance Optimism’s cross-chain communication capabilities by bolstering security, decreasing latency, and making the platform more affordable and efficient. The Optimism Foundation is actively working with O(1) Labs and RISC Zero to finalize the project and set detailed expectations.
The addition of ZKPs to Optimism’s layer 2 solution signifies a major milestone in the platform’s development, providing a more versatile and secure environment for users and developers alike. The move aligns with the growing trend of improving compatibility between various blockchain ecosystems and paves the way for more efficient and accessible blockchain interactions.
The project’s name has been changed to OP Mainnet to reflect the goal of creating a “superchain” network of several Layer 2 blockchains.
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