Zero barriers it is! A new revelation that precisely amalgamates artificial intelligence (AI) and Zero knowledge – a promise to redefine the future of blockchain! Blockchain technology is entering a revolutionary phase as zero-knowledge proofs (ZK-proofs) and AI combine forces to provide improved solutions for handling smart contracts — a remarkable development signifying a potential game changer for the technology.
Overall, the stress on ZK-proofs is apparent in the crypto sector. StarkWare, a leading proponent of the technology, illustrates its potential. The company’s co-founder and chief architect, Eli Ben-Sasson, enlightens us on how these validity proofs, which once were abstract theoretical concepts, have flourished into StarkNet’s superfast Quantum Leap upgrade.
This newfound trend has not been limited to StarkWare. The tech’s fascination has also been extended to Giza, a company striving to establish a connection between AI and ZK tech. The joint venture by Giza and StarkWare enables them to delve into the days of yore and examine how ZK-proofs can elevate smart contracts by working seamlessly with other rising technologies.
However, one should not overlook the critiques on the other side of the table. Blockchain technology is relatively young and is still evolving. As we all know, technology integrates and impacts wider society, economies, and politics, and comes with its pain points, but the potential benefits can’t overshadow its challenges. Such an example is the Ethereum network’s scalability debate. Many are sceptical about it being able to handle the world’s financial system.
This doesn’t mean the future of blockchain technology or the Ethereum network is bleak. The second and third episodes of the Zero Barriers series feature Avihu Levy from StarkWare and Motty Lavie of Braavos Wallet. They emphasize the problems that blockchain technology aims to resolve in the near future, signifying faith still remains in the success of blockchain masterpieces.
While some experts believe in tackling blockchain challenges, others enhance the technology even further. The integration of ZK-proof with AI is not just seen as an ordinary improvement. It’s a transformative occurrence worth all the hype that surrounds it.
Despite the sceptic nature of the industry, the growing adoption of ZK-proofs continues to redefine as it merges with other technologies. This innovative journey showcases a promising future for blockchain technology as it keeps evolving daily. Nevertheless, as with any other investment, the strategy of ‘do your own research’ is a necessity for blockchain technology enthusiasts, hence, investors are urged to tread cautiously. These exciting advancements make it evident that the crypto space is poised for significant advancement, and the wheels of the blockchain sector are not just turning — they’re speeding up!
Source: Cointelegraph