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a16z Crypto has released a zkEVM solution called Jolt, aimed at enhancing the speed and simplicity of blockchain scaling operations. Jolt utilizes SNARK zero-knowledge proofs to provide a framework for EVM-compatible Rollups, allowing developers to create SNARK-based L2 solutions. Jolt significantly improves performance by converting computations into specialized polynomials and efficiently generating proofs using the sumcheck protocol, making it twice as fast as existing zkVM solutions. Technical advantages of Jolt include more compact circuit designs, efficient pipelining, and ample parallelization, optimizing the usability and availability of zkVM and aiding in shortening development cycles and improving user experience.

Verifiable Computation (VC) is running a specific workload in a way that generates a proof of its workings that can be publicly verified without re-running the calculation. In addition to Bonsol, the Anagram build team has delved into many places in the VC space, projects like Jolt, zkllvm, spartan 2, Binius are the ones we are tracking, as well as companies working in the fully homomorphic encryption (FHE) space.

Explore Metis' innovations in ZK technology and decentralized Sequencer, and how these drive forward blockchain technology.

Succinct is building the infrastructure that allows all developers to easily utilize ZK-proof technology. The release of their SP1 has been hailed as the "GPT moment" for ZK proofs; currently, the team is developing an open network for the proof market.

As the latest exploration of the Trump team in the cryptocurrency space, WLF aims to leverage blockchain technology to provide users with decentralized lending services. At the core of the project is the governance token WLFI, which operates on the Ethereum blockchain and is managed and operated in a decentralized manner.

If Ethereum’s future scaling solution is to convert all Rollups into ZK Rollups, OP Succinct aims to deploy Type-1 zkEVM (fully Ethereum-equivalent) within the OP Stack, utilizing Rust and SP1.

This article provides an in-depth look at the latest developments in OP Mainnet, focusing on the new fault-proof mechanism and its effects on the accuracy and efficiency of decentralized transactions. It also explores OP Stack as the technical framework for Ethereum's Layer 2 network and discusses how OP Labs incorporates zero-knowledge proof technology into OP Stack via OP Succinct to enhance Ethereum's scalability.

There are two practical challenges when constructing a proof system based on binary fields: First, the field size used for trace representation in STARKs should be larger than the degree of the polynomial. Second, the field size used for the Merkle tree commitment in STARKs must be greater than the size after Reed-Solomon encoding extension. Binius is an innovative solution to address these two problems by representing the same data in two different ways.

This article describes the advancements of SNARK since its introduction in the mid-1980s.

As the demand for privacy protection grows, TEE technology has once again become a focal point. TEE provides a secure execution environment independent of the main system, protecting sensitive data and code. Multiple blockchain projects, such as Flashbots, Taiko, and Scroll, are exploring TEE applications to achieve private transactions, decentralized block building, and multi-proof systems. While TEE offers advantages in security and privacy, it still faces centralization risks. In the future, it may need to be compatible with more hardware vendors and set node ratios to reduce reliance on a single supplier, thereby further enhancing decentralization.

This report shares insights on key trends such as stablecoins, Layer 2 solutions, and artificial intelligence, as well as the rise of cryptocurrency as a policy issue, new data on builders and users, and more.