New developments on-chain: Unichain and SP1-ZKVM testnet go live, Arbitrum advances Fault Proofs

Recently, Unichain officially launched, and the Zero-Knowledge Proof (ZK) technology made a major breakthrough. In addition, the L2 expansion solution Arbitrum also introduced Fault Proofs, further enhancing the security of L2. The crypto world influencer channel Bell Curve delved into these technological developments on the 2/15 program, and analyzed their impact on the future of the industry.

Unichain is live, aiming to be an independent chain of DEX

Unichain was officially launched on 2/11, and it also introduced Flash Blocks technology, which can accelerate transaction processing and shorten confirmation time. Flash Blocks relies on the Uniswap Validator Network (UVN) for verification and allocates 65% of the transaction fees to UVN participants.

Unichain official Twitter

The Bell Curve points out that UVN enables Unichain to have a mechanism similar to an 'invisible transaction fee switch' because UVN participants need to pledge a large amount of assets to obtain returns, which may allow Uniswap to gain additional economic benefits. Currently, UVN is still in the design phase and has not been officially launched.

Some experts believe that UniChain's development direction may diverge from Ethereum (Ethereum) and eventually become an independent chain. Due to Ethereum's scalability bottlenecks, UniChain may choose to establish its own data availability (DA) solution to increase transaction throughput and reduce fees.

Breakthrough in ZK technology, SP1 makes Zero-Knowledge Proof more user-friendly

ZK startup team Succinct Labs launched the 'Prover Network' testnet for the ZKVM virtual machine SP1 on 2/10, allowing users to generate ZK proofs more easily and reduce technical barriers. In the future, this technology will be widely used in on-chain Rollup solutions to improve transaction verification efficiency and security.

In order to help more people understand ZK technology, the SP1 team has launched a series of interactive applications, such as the experimental application ZK Flappy Bird for verifying players' high scores in games, Ethereum block verification, etc., allowing developers and users to experience the potential of ZK firsthand.

The image shows ZK Flappy Bird Arbitrum Fault Proofs online, L2 moving towards higher security standards.

Arbitrum officially launched the Fault Proofs mechanism on 2/13, making Layer 2 transaction verification more decentralized and advancing towards Ethereum Stage 2 security standards.

The Arbitrum official documentation describes the Fraud proofs mechanism.

In order to prevent malicious users from launching attacks and obstructing transactions, Arbitrum sets a certain level of participation threshold. For example, if a user wants to participate in Fault Proofs, they must provide up to 1100 ETH as collateral to ensure that participants have sufficient financial incentives to maintain the credibility and security of the network.

Currently, most users still trust the transaction verification mechanism of L2, but with the popularization of Fault Proofs, developers and institutional investors may pay more attention to security, thereby directing funds to more secure L2 scaling solutions.

In the future, ZK may become the ultimate solution for blockchain.

Many industry experts believe that ZK technology will become the core of future blockchain development because it can significantly reduce transaction verification costs and provide higher privacy and security. In addition to blockchain, ZK may also be applied to Verifiable Media, ensuring the authenticity of digital content to address the challenges of AI-generated content.

Currently, data availability solutions such as Celestia are emerging, challenging Ethereum's L1 role. Whether Ethereum can accelerate the development of Single Slot Finality and Big Blocks will be a key factor affecting its future competitiveness.

(Polyhedra launches EXPchain for artificial intelligence applications, analyzing the necessity of on-chain AI models and decentralized zk-SNARKs generator)

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