zkEVM could be the endgame for blockchain infrastructure
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Very few projects have come close to matching the security and decentralization of the Ethereum network. However, the inherent overhead of maintaining these two critical features has left Ethereum burdened by low throughput and prohibitively high costs. As a result, alternative layer-1 blockchains (L1s) — which normally sacrifice security and decentralization to provide scale — have emerged to nip away at Ethereum’s market share. However, with Ethereum Virtual Machine (EVM)-equivalent scaling solutions bringing high throughput and low transaction fees to Ethereum itself, the question is: Do we really need these alternative L1 networks? Despite a rocky year for the industry,
Scalability, Security, Decentralization. The so-called “blockchain trilemma” refers to the challenge of balancing these three crucial features that underpin blockchain technology. On one hand, blockchains need to be scalable—able to process high transaction volumes and throughput—to support widespread use. On the other hand, they must also be secure and decentralized.…
Key Highlights ARK Invest and Glassnode assess Bitcoin, Ethereum and Solana across four areas: auditability, security, governance and ownership. The report estimates full-node hardware costs at $289 for Bitcoin, $730 for Ethereum and $21,478 for Solana. Bitcoin and Ethereum record a Nakamoto coefficient of 3, while Solana records 19 under…