• bitcoinBitcoin (BTC) $ 123,007.00
  • ethereumEthereum (ETH) $ 4,625.27
  • bnbBNB (BNB) $ 1,304.89
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.92
  • solanaSolana (SOL) $ 226.44
  • usd-coinUSDC (USDC) $ 0.999793
  • staked-etherLido Staked Ether (STETH) $ 4,623.07
  • dogecoinDogecoin (DOGE) $ 0.256390
  • tronTRON (TRX) $ 0.343359
  • cardanoCardano (ADA) $ 0.843871
  • wrapped-stethWrapped stETH (WSTETH) $ 5,619.84
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,987.65
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 122,889.00
  • chainlinkChainlink (LINK) $ 22.35
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.998596
  • suiSui (SUI) $ 3.54
  • stellarStellar (XLM) $ 0.392218
  • wrapped-eethWrapped eETH (WEETH) $ 4,985.59
  • avalanche-2Avalanche (AVAX) $ 29.00
  • hyperliquidHyperliquid (HYPE) $ 45.17
  • bitcoin-cashBitcoin Cash (BCH) $ 584.34
  • wethWETH (WETH) $ 4,624.51
  • hedera-hashgraphHedera (HBAR) $ 0.221346
  • leo-tokenLEO Token (LEO) $ 9.67
  • litecoinLitecoin (LTC) $ 117.05
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 122,970.00
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.996050
  • usdsUSDS (USDS) $ 0.999874
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • mantleMantle (MNT) $ 2.25
  • the-open-networkToncoin (TON) $ 2.80
  • crypto-com-chainCronos (CRO) $ 0.200107
  • usdt0USDT0 (USDT0) $ 0.999989
  • polkadotPolkadot (DOT) $ 4.24
  • whitebitWhiteBIT Coin (WBT) $ 44.50
  • moneroMonero (XMR) $ 320.57
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.187876
  • uniswapUniswap (UNI) $ 7.96
  • okbOKB (OKB) $ 223.22
  • daiDai (DAI) $ 1.00
  • aaveAave (AAVE) $ 283.66
  • ethenaEthena (ENA) $ 0.572895
  • pepePepe (PEPE) $ 0.000010
  • bitget-tokenBitget Token (BGB) $ 5.64
  • aptosAptos (APT) $ 5.30
  • nearNEAR Protocol (NEAR) $ 2.96
  • aster-2Aster (ASTER) $ 2.08
  • memecoreMemeCore (M) $ 2.07
  • jito-staked-solJito Staked SOL (JITOSOL) $ 279.41
  • bittensorBittensor (TAO) $ 338.06
  • story-2Story (IP) $ 9.78
  • ethereum-classicEthereum Classic (ETC) $ 19.45
  • ondo-financeOndo (ONDO) $ 0.922433
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,631.87
  • binance-staked-solBinance Staked SOL (BNSOL) $ 243.71
  • worldcoin-wldWorldcoin (WLD) $ 1.23
  • usd1-wlfiUSD1 (USD1) $ 0.999878
  • c1usdCurrency One USD (C1USD) $ 0.999738
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.241091
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • internet-computerInternet Computer (ICP) $ 4.48
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.87
  • arbitrumArbitrum (ARB) $ 0.437831
  • susdssUSDS (SUSDS) $ 1.07
  • pump-funPump.fun (PUMP) $ 0.006290
  • zcashZcash (ZEC) $ 133.59
  • pi-networkPi Network (PI) $ 0.257242
  • kucoin-sharesKuCoin (KCS) $ 16.03
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,286.51
  • kaspaKaspa (KAS) $ 0.075661
  • gatechain-tokenGate (GT) $ 16.85
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.031520
  • vechainVeChain (VET) $ 0.022896
  • algorandAlgorand (ALGO) $ 0.223080
  • cosmosCosmos Hub (ATOM) $ 4.14
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,876.55
  • usdtbUSDtb (USDTB) $ 0.999716
  • flare-networksFlare (FLR) $ 0.023856
  • sei-networkSei (SEI) $ 0.292009
  • render-tokenRender (RENDER) $ 3.45
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 45.36
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,876.79
  • plasmaPlasma (XPL) $ 0.952350
  • bfusdBFUSD (BFUSD) $ 0.999683
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,992.17
  • wbnbWrapped BNB (WBNB) $ 1,300.54
  • hash-2Provenance Blockchain (HASH) $ 0.033154
  • filecoinFilecoin (FIL) $ 2.34
  • falcon-financeFalcon USD (USDF) $ 0.997999
  • skySky (SKY) $ 0.067774
  • doublezeroDoubleZero (2Z) $ 0.454241
  • bonkBonk (BONK) $ 0.000020
  • official-trumpOfficial Trump (TRUMP) $ 7.70
  • tether-goldTether Gold (XAUT) $ 3,977.05
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,903.12
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 122,905.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.567366
  • pancakeswap-tokenPancakeSwap (CAKE) $ 4.24
  • jupiter-exchange-solanaJupiter (JUP) $ 0.452430
  • immutable-xImmutable (IMX) $ 0.736518
  • spx6900SPX6900 (SPX) $ 1.45
  • xdce-crowd-saleXDC Network (XDC) $ 0.073806
  • optimismOptimism (OP) $ 0.723275
  • nexoNEXO (NEXO) $ 1.27
  • injective-protocolInjective (INJ) $ 12.77
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 122,545.00
  • pax-goldPAX Gold (PAXG) $ 3,994.61
  • celestiaCelestia (TIA) $ 1.47
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,979.60
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 258.03
  • blockstackStacks (STX) $ 0.631226
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.996947
  • syrupusdcSyrup USDC (SYRUPUSDC) $ 1.13
  • sonic-3Sonic (S) $ 0.295802
  • curve-dao-tokenCurve DAO (CRV) $ 0.780223
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998478
  • lido-daoLido DAO (LDO) $ 1.21
  • myx-financeMYX Finance (MYX) $ 5.45
  • aerodrome-financeAerodrome Finance (AERO) $ 1.13
  • msolMarinade Staked SOL (MSOL) $ 300.92
  • flokiFLOKI (FLOKI) $ 0.000103
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 122,916.00
  • clbtcclBTC (CLBTC) $ 126,417.00
  • pyth-networkPyth Network (PYTH) $ 0.160187
  • ether-fiEther.fi (ETHFI) $ 1.76
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,461.26
  • the-graphThe Graph (GRT) $ 0.083505
  • fasttokenFasttoken (FTN) $ 2.02
  • kaiaKaia (KAIA) $ 0.146500
  • pendlePendle (PENDLE) $ 4.99
  • tbtctBTC (TBTC) $ 122,592.00
  • ripple-usdRipple USD (RLUSD) $ 0.999695
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,624.37
  • ousgOUSG (OUSG) $ 112.83
  • raydiumRaydium (RAY) $ 2.85
  • dogwifcoindogwifhat (WIF) $ 0.760775
  • dexeDeXe (DEXE) $ 13.30
  • iotaIOTA (IOTA) $ 0.185969
  • saros-financeSaros (SAROS) $ 0.283527
  • starknetStarknet (STRK) $ 0.172431
  • theta-tokenTheta Network (THETA) $ 0.744512
  • conflux-tokenConflux (CFX) $ 0.144519
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.13
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.91
  • galaGALA (GALA) $ 0.015829
  • tezosTezos (XTZ) $ 0.686577
  • stader-ethxStader ETHx (ETHX) $ 4,951.54
  • gtethGTETH (GTETH) $ 4,624.63
  • global-dollarGlobal Dollar (USDG) $ 0.999807
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.27
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.85
  • fartcoinFartcoin (FARTCOIN) $ 0.682764
  • newton-projectAB (AB) $ 0.008422
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998204
  • the-sandboxThe Sandbox (SAND) $ 0.276396
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • aethirAethir (ATH) $ 0.054101
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.58
  • morphoMorpho (MORPHO) $ 1.89
  • solmevSolMev (SN116) $ 2,398.72
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.255983
  • vaultaVaulta (A) $ 0.403323
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,980.33
  • decentralandDecentraland (MANA) $ 0.331984
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,623.69
  • chainopera-aiChainOpera AI (COAI) $ 3.20
  • jasmycoinJasmyCoin (JASMY) $ 0.012911
  • zero-gravity0G (0G) $ 2.93
  • wormholeWormhole (W) $ 0.129670
  • beldexBeldex (BDX) $ 0.083216
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 5,091.33
  • jito-governance-tokenJito (JTO) $ 1.60
  • swethSwell Ethereum (SWETH) $ 5,086.95
  • swissborgSwissBorg (BORG) $ 0.604225
  • flowFlow (FLOW) $ 0.367456
  • bittorrentBitTorrent (BTT) $ 0.00000060
  • walrus-2Walrus (WAL) $ 0.401252
  • arbitrum-bridged-wrapped-eethArbitrum Bridged Wrapped eETH (Arbitrum) (WEETH) $ 4,979.83
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 122,835.00
  • usual-usdUsual USD (USD0) $ 0.998037
  • bitcoin-svBitcoin SV (BSV) $ 27.42
  • instadappFluid (FLUID) $ 6.75
  • usdaiUSDai (USDAI) $ 1.03
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 35.54
  • apecoinApeCoin (APE) $ 0.559608
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,595.24
  • frax-etherFrax Ether (FRXETH) $ 4,595.29
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.995802
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,624.21
  • kinetiq-earn-vaultKinetiq Earn Vault (VKHYPE) $ 45.30
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 251.32
  • true-usdTrueUSD (TUSD) $ 0.999896
  • wrapped-avaxWrapped AVAX (WAVAX) $ 29.00
  • sun-tokenSun Token (SUN) $ 0.025670
  • astherus-staked-bnbAster Staked BNB (ASBNB) $ 1,368.73
  • wrapped-hypeWrapped HYPE (WHYPE) $ 45.17

A brief history of Ethereum’s relationship with ZK

0 56

A brief history of Ethereum’s relationship with ZK

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

It all starts with Ethereum. The L1 is too slow. Every node needs to redundantly re-execute transactions in a block to ensure validity, which limits scalability.

By 2020, the Ethereum community coalesced around rollups as the scaling solution. Vitalik’s 2021 landmark blog post on rollups explains how optimistic and zk rollups can scale Ethereum.

Zk rollups are technologically superior for scaling but the tech was still too expensive to use and far behind (more later).

So optimistic rollups broke into the market first. Optimistic rollups assume all transactions are valid until someone challenges it with a fraud proof within a seven-day challenge period.

Optimistic rollups worked, but they came with hidden costs. The challenge period meant longer transaction finality before users could withdraw funds. Locked liquidity meant capital efficiencies and a generally poorer UX, especially with chain interoperability.

Meanwhile, zk was catching up. At ETHCC 2022, Polygon, zkSync and Scroll all announced zkEVMs, which enable Solidity devs to write code and prove the execution of the EVM — effectively allowing Ethereum to leverage zero knowledge technology.

By 2023, zk rollups started to gain real traction.

Why exactly are zk proofs better than optimistic fraud proofs? Namely because zk proofs are much smaller (~1-10 KB) compared to raw transaction data (megabytes in size).

By using zk cryptography to prove Ethereum transactions, these highly compressed proofs meant lower data availability costs and better scalability.

A brief history of Ethereum’s relationship with ZK

How zero knowledge works in a nutshell

Though zk was taking off, proof generation was still expensive. Based on zkstats.io, the average cost to generate a zk proof in December 2023 was $80.21.

Fast forward to 2025. Proof costs have dropped to $1.3 per proof, about a 98.4% improvement.

What changed?

Today, each of the core pieces of the zk rollup stack have been broken up.

Firstly, zkVMs are here. These specialized virtual machines speed up the zk development experience and make validity proof generation more efficient. Before zkVMs, developers needed to write complex, mathematical “circuits” to prove EVM execution.

Loading Tweet..

ZkVMs like SP1, RISC Zero, Nexus and OpenVM today effectively democratize zk development for all developers (C++, Rust) without zk cryptographic expertise. In the past, zkEVMs only enabled Solidity development on zk rollups. Think of zkVMs as a more general concept than zkEVMs.

Second, the costs to generate proofs are going down because of market competition. Today, there are many competitive marketplaces operated by Risc Zero, Cysic, Lagrange and Succinct. Some are still in testnet, some are operational.

Zk L2s are also turning to proof aggregation techniques to amortize verification costs. The way this roughly works is by batching many proofs inside of one, which makes the final proof faster to verify.

These marketplaces are also permissionless, meaning anyone with a GPU rig can sign up, post a bond and generate zk proofs. Previously, zk rollups used “centralized provers,” meaning they rented GPU/FPGA hardware from Google or Amazon.

Better proof systems are also constantly launching. These proof systems (examples: Groth16, Halo2-KZG, STARK, Plonk, Expander) algorithmically define the rules as to how zk proofs are constructed and verified. They’re getting better, which means zk proofs are getting smaller and faster to verify. This in turn means increased zkVM performance gains.

Source

Leave A Reply

Your email address will not be published.