TLDR Crypto · MISCELLANEOUS

HOW NIL IS SCALING ETHEREUM AND USING ZKSHARDING AND PROOF MARKETS

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Summary from the TLDR Crypto newsletter

The NIL Foundation is making strides in scaling Ethereum, focusing on zkSharding and proof markets. This thread outlines the key benefits of using NIL's zkRollups, including nearly 60k TPS scalability, security, liquidity, and enhanced functionality with Ethereum's staking mechanism. The system essentially works on zkLLVM, a Placeholder Proof System, Crypto3, and a Decentralized proof market.