Ethereum’s ZK Push Gets Rare Backing From Ark Invest's Cathie Wood

Ethereum’s ZK push gets rare backing from Ark Invest's Cathie Wood

ARK Invest’s Cathie Wood, long known for her Bitcoin maximalist leanings, gave Ethereum some unexpected support this week. On X, she admitted that she doesn’t grasp all the tech details but believes the Ethereum Foundation is making the right moves on scalability and privacy. Her comments come right after the Ethereum Foundation unveiled plans to integrate zero-knowledge  (ZK) proofs directly into the Ethereum Virtual Machine (EVM). This suggest…

The Ethereum Foundation Is Rebuilding Its Core with ZK-Proof Technology

The Ethereum Foundation has announced a long-term plan to integrate ZK-proofs directly into Layer 1 The goal is for validators to verify a single proof instead of re-executing all transactions in a block The multi-year plan will begin with optional zk-clients and upgrades in the upcoming Pectra hard fork The Ethereum Foundation has announced a detailed plan to integrate zero-knowledge (zk) technology directly into Ethereum’s Layer 1. This marks …

Cathie Wood Supports ETH Upgrade; Traders Push Back Hard

Cathie praised Ethereum’s upgrade plans, though she admitted she lacked full knowledge. Some traders accused her of promoting ETH without using it or knowing how it works. The upgrade will use zero-knowledge tech to help ETH scale faster while staying secure. Cathie Wood, CEO of ARK Invest, voiced support for the Ethereum Foundation’s recent proposals to enhance scalability and privacy. While admitting limited technical understanding, she said t…

Ethereum's Unlocking Potential: Cathie Wood Praises Scalability And Privacy Efforts

BitcoinWorld Ethereum’s Unlocking Potential: Cathie Wood Praises Scalability and Privacy Efforts In a significant nod that has resonated across the cryptocurrency world, Cathie Wood, the visionary CEO of ARK Invest, recently took to X (formerly Twitter) to share her insights on the future trajectory of Ethereum. Her statement, while acknowledging the intricate technical details may not be her primary domain, powerfully affirmed that the Ethereum…