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Ernst & Young (EY) has introduced Nightfall_4, an upgraded layer-2 scaling solution for Ethereum, transitioning from optimistic rollups to a more advanced zero-knowledge (ZK) rollup system. This transformation is aimed at improving transaction speeds while ensuring higher security standards. By implementing ZK proofs, the latest update eliminates delays and disputes that were commonly associated with optimistic rollups, offering businesses a more efficient way to interact with the Ethereum network. This innovation is expected to provide significant advantages to enterprises operating across various sectors, including finance, supply chain management, and healthcare. The ability to conduct rapid, secure, and private transactions positions Nightfall_4 as a critical development in blockchain technology. The move also aligns with broader industry trends, as major blockchain platforms such as StarkNet, zkSync, and Polygon’s zkEVM continue to explore the integration of ZK technology to enhance scalability and security. Nightfall_4 leverages ZK-rollup architecture to verify transactions through cryptographic proofs, eliminating the need for challenge periods that previously delayed transaction finality.
Full report : EY Unveils Nightfall_4 upgraded Layer-2 blockchain which allows transactions with zero-knowledge rollups.