Zero-knowledge proof solutions on Bitcoin are set to receive an upgrade. The recently introduced Groth16 verification protocol has changed the game—setup and storage costs are reduced by a factor of 1000. This is not a minor optimization; it fundamentally addresses previous pain points.
In simple terms, this protocol makes it possible to build more complex applications on Bitcoin. Previously limited by verification costs, the ceiling has now been broken. Experts will provide in-depth explanations of the specific improvements and what this wave of updates unlocks for the ecosystem. For Bitcoin developers or ecosystem participants, this is worth paying attention to—such a significant efficiency boost opens up vast possibilities for future application innovations.
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BlockImposter
· 15h ago
1000x? Is that real? This efficiency optimization is just too outrageous.
Costs are directly plunging, and applications on BTC can finally breathe a sigh of relief.
Wait, could this lower the barrier to the point of being abused?
Zero-knowledge proofs still can't beat centralized solutions in the end, I bet five bucks.
If this update truly materializes, it should unlock quite a few new ways to play.
With verification costs dropping so much, shouldn't miner fees also decrease accordingly?
Sounds good, but I wonder if actual deployment will end up being disappointing again.
Breaking the ceiling? Feels like the ceiling is always broken and then rebuilt.
Can someone briefly explain what exactly has been improved here? I'm a bit confused.
I believe half of the 1000x claim; marketing statements are often very exaggerated.
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BagHolderTillRetire
· 15h ago
1000x? That's a bit of a bold claim. Can it really be that powerful?
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BridgeJumper
· 15h ago
1000x? BTC on-chain might really take off now
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PumpingCroissant
· 16h ago
1000x? Surely you're just bragging again. If it were really that exaggerated, Bitcoin would have taken off long ago.
Zero-knowledge proof solutions on Bitcoin are set to receive an upgrade. The recently introduced Groth16 verification protocol has changed the game—setup and storage costs are reduced by a factor of 1000. This is not a minor optimization; it fundamentally addresses previous pain points.
In simple terms, this protocol makes it possible to build more complex applications on Bitcoin. Previously limited by verification costs, the ceiling has now been broken. Experts will provide in-depth explanations of the specific improvements and what this wave of updates unlocks for the ecosystem. For Bitcoin developers or ecosystem participants, this is worth paying attention to—such a significant efficiency boost opens up vast possibilities for future application innovations.