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Zero-knowledge proof solutions on Bitcoin are set to receive an upgrade. The recently introduced Groth16 verification protocol has changed the game—setup and storage costs are reduced by a factor of 1000. This is not a minor optimization; it fundamentally addresses previous pain points.
In simple terms, this protocol makes it possible to build more complex applications on Bitcoin. Previously limited by verification costs, the ceiling has now been broken. Experts will provide in-depth explanations of the specific improvements and what this wave of updates unlocks for the ecosystem. For Bitcoin developers or ecosystem participants, this is worth paying attention to—such a significant efficiency boost opens up vast possibilities for future application innovations.
Is the Bitcoin ecosystem about to take off?
Finally some movement, we've been waiting so long even the flowers have withered
If it really gets going, those players in the layer will probably be nervous
I need to study this Groth16 move, don’t let it be just another marketing gimmick
With costs dropping so sharply, there must be new applications coming to shake things up
Breaking the ceiling sounds great, but I don’t know when it will actually be used
Zero-knowledge proofs are upgrading again and again, is this time reliable...
Saying 1000x so confidently, let’s see the proof first
Application innovation space? First, get the basics solid, everyone
Another good news for deployment, just the old routine
Now developers are in luck, there are new toys to tinker with
Costs are directly plunging, and applications on BTC can finally breathe a sigh of relief.
Wait, could this lower the barrier to the point of being abused?
Zero-knowledge proofs still can't beat centralized solutions in the end, I bet five bucks.
If this update truly materializes, it should unlock quite a few new ways to play.
With verification costs dropping so much, shouldn't miner fees also decrease accordingly?
Sounds good, but I wonder if actual deployment will end up being disappointing again.
Breaking the ceiling? Feels like the ceiling is always broken and then rebuilt.
Can someone briefly explain what exactly has been improved here? I'm a bit confused.
I believe half of the 1000x claim; marketing statements are often very exaggerated.