Cryptocurrencies: 2478 / Markets: 16440 Market Cap: 24h Vol:
2018-11-09 01:00:00

Zcash's zk-SNARKS May Help Ethereum Scale Faster Than Plasma

Ethereum’s (ETH) developers appear to be focusing more on zk-SNARKS technology - as it could be used to develop a viable scalability solution for the Ethereum blockchain. Ethereum co-founder Vitalik Buterin had said in September that Zcash’s zk-SNARKS technology could be integrated into Ethereum’s codebase, and that it would allow the crypto’s network to process 500 transactions per second (TPS).