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>>47970089 WAGMI
WAGMI
WAGMI
LRC Chads, get in here. Byron confirmed that the news and/or release of the ZKEVM is supposedly coming this week with the quarterly report. But what IS a ZKEVM? ZKEVM stands for Zero Knowledge Ethereum Virtual Machine. Essentially, a ZKEVM allows loads of data to be uploaded to the Blockchain insanely quickly and efficiently. Example: Zero knowledge - I just need the receipt of your transaction; I don't need the details (you can find that elsewhere). I have "zero knowledge" of the details of your transaction because I don't care and it doesn't matter. EXAMPLE: If you went to buy groceries, I'm only interested in where you went, what time, and how much you paid. I don't care about how much ground beef you bought or the price per pound, how many bags of potato chips you bought, or how many items in total you purchased. Just give me the most important info. That's why zkEVM is so powerful. If you wanted to do a large number of these transactions and have proof you did them, zero knowledge Ethereum Virtual Machines (zkEVM) could take care of it before your could scratch your itchy ass. The reason gas fees are so high is because there is a bidding war to get your transactions included in the next block, and limited space in each block. If you can reduce the size of your transaction (size in bytes, not how much cash is involved) then you will be charged less gas, and there will be slightly more room for everyone else, decongesting the network and helping to keep gas fees lower for everyone. This is where zkEVM comes in. You run the evm on a layer 2, and then send only the simplest possible form of the results (like your shopping example) to layer 1. WAGMI!
WAGMI Apeists
>WAGMI
> WAGMI > 8 k MCAP
are we WAGMI soon?