Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.
Nov 7, 2023 at 3:00 p.m. UTC
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Ethereum research and development firm Nil Foundation announced Tuesday that it's coming out with its own rollup network, called “=nil;.”
The foundation says the new network will be Ethereum's first ZK rollup to enable sharding – an alchemy that combines two popular scaling technologies, zero-knowledge proofs and sharding. The combination should enable composability without compromising the security of the network, according to a press release.
The rollup will leverage zero-knowledge proofs – a type of cryptography that's become one of 2023's hottest trends in blockchain technology – to validate transactions from these shards, before those proofs get submitted to the primary Ethereum network.
“We’re trying to bring that long-promised sharding, which has been on the roadmap for a while, but to try to bring it in a non-invasive way, ” Misha Komarov, the CEO and co-founder of Nil Foundation, told CoinDesk in an interview.
Read more: Much Ado About =Nil;
Correction (November 7, 16:04 UTC): Corrects name of rollup to "=nil;"
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Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
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