Vitalik: Layer 2 will achieve a new era of 12-second fast withdrawals on Ethereum using ZK technology.

Vitalik Buterin, co-founder of Ethereum, recently posted on the X platform, clearly pointing out the next key goal for Layer 2 solutions—through zk-SNARKs systems, significantly reducing withdrawal times to within one hour, with a medium-term target aimed at 12 seconds. This innovation will fundamentally change the asset liquidity experience for users within the Ethereum ecosystem and further solidify Ethereum's position as a center for digital asset issuance and economics.

The Rise of ZK Technology, Revolution in Layer2 Withdrawal Speed is Imminent

Vitalik emphasized that while most mainstream Layer 2 solutions have reached the first phase of security standards, the current OP (Optimistic Proof) systems require a waiting period of several days for withdrawals, severely impacting user experience. With the maturity and cost reduction of zk-SNARKs technology, ZK systems have become key to accelerating withdrawals. Vitalik's proposed "2-of-3" ZK+OP+TEE proof mechanism balances security, speed, and maturity, providing a viable path for rapid withdrawals on Layer 2.

ZK Fast Withdrawals Will Boost Ethereum's Economic Centrality

If the native withdrawal time of Layer 2 can be shortened to within 1 hour, or even 12 seconds, it will significantly reduce the capital cost for liquidity providers and enhance the efficiency of the Ethereum network. This not only improves the daily operational experience for users but also brings more innovation space for DeFi application developers. With the widespread application of ZK technology in the withdrawal field, the position of ETH as the core of the system economy will be further solidified.

Speed and security go hand in hand, ZK becomes the new standard

Vitalik emphasized that increasing speed must never come at the expense of security. The new generation of zk-SNARKs must maintain the same level of trust as the mainnet to ensure network security. The developer community generally believes that the transition to zk-SNARKs is a positive and structurally significant change that will promote Layer2 interoperability and further upgrade the Ethereum ecosystem.

Ethereum market enthusiasm remains strong, structural benefits continue

Currently, the ETH price is approximately $3,644, having risen 77% over the past 90 days, with a market capitalization of $439.91 billion, accounting for 11.72% of the global cryptocurrency market. Although short-term trading volume has declined, the market remains optimistic about the long-term structural opportunities for ETH. As the speed of Layer2 withdrawals revolution progresses, Ethereum is expected to further expand its ecological influence.

Conclusion

Vitalik Buterin strongly advocates for Layer 2 to achieve fast withdrawals through the ZK system, bringing a new round of efficiency revolution to the Ethereum ecosystem. In the future, with the implementation of technology and the expansion of applications, ETH is expected to reach new heights in the issuance of digital assets and its position as an economic center.

ZK5.87%
ETH5.51%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)