Dev reminded that the cryptography community has debated a lot about whether to use the addition symbol or the multiplication symbol in elliptic curves. He noted that nowadays everyone has completely accepted the addition symbol as the common standard. Dev also thanked those who initially supported the addition symbol because it helps concepts like NAF and bilinearity become easier to explain.
Vitalik, the founder #Ethereum jokingly responded that he almost "forgot elliptic curves existed" over the past year. What Vitalik meant was that he has been focusing more on new technologies like proof aggregation and zero-knowledge proofs. Nevertheless, Vitalik acknowledged that elliptic curves are still being used in current privacy protocols. However, he believes that the importance of elliptic curves may diminish over time. The main reason is the risks from quantum computers are getting closer. Quantum computers could break cryptographic systems based on elliptic curves through algorithms like Shor. Therefore, Vitalik concluded that the crypto ecosystem needs to transition to quantum-safe cryptographic solutions soon.
Vitalik Buterin's ZK technology and Proof Aggregation focus on transforming Ethereum into a faster, more efficient "Lean Ethereum" network, with scalability through L2 projects like $ZK $POL $STRK .
Zcash ZEC also inherits zero-knowledge technology to create privacy in transactions.
#Fualnguyen #BNBholic #Asterians
