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Ethereum

22 articles

Base Will Move $7.4 Billion of Deposits Onto Zero-Knowledge Proofs on May 13 — and Quietly Drop the Optimistic Rollup Model It Was Built On
Tech

Base announced on May 4 that its Azul upgrade would integrate Succinct's SP1 zero-knowledge prover alongside its existing TEE proof system, with mainnet activation planned for May 13. The change cuts withdrawal finality from a multi-day challenge window to roughly one day — and makes Base the largest single Ethereum operator to put ZK proofs in production.

·Alex Turner
ConsenSys reportedly plans major layoffs
Business

ConsenSys has announced significant workforce reductions affecting up to 600 employees, representing approximately 50 percent of its total staff as the Ethereum-focused studio restructures operations.

·Oliver Woodford