Balaji Srinivasan claims that the industry has overcome the stages of security and smart contracts.
Initially, the market proved the viability of blockchain through mining and Proof-of-Work, then attention shifted to programmability and the Ethereum ecosystem.
Proof-of-Work is a mechanism by which blockchains confirm transactions and protect the network from attacks.
Now, the focus is shifting to privacy — ZK-based solutions that enable working within the blockchain without fully revealing data. $ETH $LDO $ZK
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😎Cryptocurrencies enter the era of privacy
Balaji Srinivasan claims that the industry has overcome the stages of security and smart contracts.
Initially, the market proved the viability of blockchain through mining and Proof-of-Work, then attention shifted to programmability and the Ethereum ecosystem.
Proof-of-Work is a mechanism by which blockchains confirm transactions and protect the network from attacks.
Now, the focus is shifting to privacy — ZK-based solutions that enable working within the blockchain without fully revealing data.
$ETH $LDO $ZK