Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding

Ethereum research and development firm Nil Foundation announced Tuesday that it's coming out with its own rollup network, called “=nil;.” The foundation says the new network will be Ethereum's first ZK rollup to enable sharding – an alchemy that combines two popular scaling technologies, zero-knowledge proofs and sharding. The combination should enable composability without compromising the security of the network, according to a press release. The rollup will leverage zero-knowledge proofs – a type of cryptography that's become one of 2023's hottest trends in blockchain technology – to validate transactions from these shards, before those proofs get submitted to the primary Ethereum network.

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