Ethereum (ETH) Devs Introduced Zero-Knowledge Wormholes: Why Is This Important?

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Ethereum (ETH) Devs Introduced Zero-Knowledge Wormholes: Why Is This Important?
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EIP-7503, or zero-knowledge wormholes, pitched by Ethereum (ETH) enthusiasts on ACDE 171

First, Ethereans confirmed the successful launch of Holesky testnet designed to replace Goerli. The testnet kicked off on its second attempt, while the first one failed due to synchronization on the anniversary of the Merge.works with the largest set of validators in Ethereum's history and will not be exposed to the shortage of testnet ETH tokens.

EIP-4788, designed to expose the roots of Beacon Chain blocks inside the Ethereum Virtual Machine , will be audited by three teams: ChainSecurity, Dedaub and Trail of Bits.The core developers of Ethereum saw the demo of EIP-7503, or zero-knowledge wormholes, prepared by its creators Keyvan Kambakhsh, Hamid Bateni and Amir Kahoori. In short, this concept allows Ethereum holders to secretely remint the Ethers they previously burned.

The novelty employs zero-knowledge tech: an ETH user can later build a ZK proof to show that some amount of tokens has been burnt in a transaction on an older block, without revealing the transaction details. As such, in a frictionless manner, Ethereum holders can create a privacy-centric pool of Ethers that would include the entire circulating Ethereum supply, the devs said in the

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