Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Will ETH Pull Back to $2.8K Before Next Leg Up?

18/07/2025

BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

18/07/2025

Solana ETF bump fizzles after $161 price spike

18/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    How bond market helped push BTC to all-time high

    18/07/2025

    Strategy to Sell $2.1 Billion in Stock to Buy More Bitcoin

    18/07/2025

    Bitcoin Project Roxom Global Raises $17.9M to Build BTC Treasury, Create Media Network

    18/07/2025

    What You Didn’t Know About Laszlo Hanyecz, the Bitcoin Pizza Day Legend

    18/07/2025

    Will ETH Pull Back to $2.8K Before Next Leg Up?

    18/07/2025

    BlackRock Just Broke Major 2,000,000 Ethereum (ETH) Milestone

    18/07/2025

    How Will Coinbase Rebrand Its Wallet?

    18/07/2025

    Ether Sees Record Short Build up as Hedge Funds Pile on Basis Trade

    18/07/2025

    Solana ETF bump fizzles after $161 price spike

    18/07/2025

    Crypto Whales React to Trump’s ‘Big Beautiful Bill’—3 Altcoins See Accumulation

    18/07/2025

    XRP set for double-digit surge? Three powerful catalysts for Ripple to watch in July

    18/07/2025

    MASK and TAO Dominate DAO Social Rankings as WooDAO Surges in Engagement

    18/07/2025

    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    14/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Will ETH Pull Back to $2.8K Before Next Leg Up?

    18/07/2025

    BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

    18/07/2025

    Solana ETF bump fizzles after $161 price spike

    18/07/2025

    US President Donald Trump Makes Hot Remarks on Cryptocurrencies – Shares a Long Statement

    18/07/2025
  • Blockchain

    Galxe and 0G Labs Team Up to Build Powerful Web3 dApps With AI and Blockchain

    18/07/2025

    Solana and BNB Behind Blockchain’s Biggest Week Yet — Everything to Know

    18/07/2025

    Grvt Launches On-Chain Investment Marketplace

    18/07/2025

    Bitkub Exchange Collaborates with Delorean Labs for RWA Innovation and Tokenized Mobility

    18/07/2025

    Tokenized Assets Arrive on Tezos L2 as Midas Joins Etherlink

    18/07/2025
  • DeFi

    Blazpay Forges Partnership with X1 EcoChain to Advance Sustainable DeFi

    18/07/2025

    SolvBTC Mints satUSD Stablecoin on BNB Chain for USD Collateral, BTC-Backed DeFi

    18/07/2025

    Mezo Launches Supernormal Foundation to Support BitcoinFi Growth

    18/07/2025

    Kana Labs and Rewardy Wallet Unveil Multi-Chain Swap Experience with Version 1.4.0

    18/07/2025

    StakeStone Unlocks New Era of DeFi with USD1 Vault

    18/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

    18/07/2025

    66 Trademarks Signal Future of Korean Won Stablecoins

    18/07/2025

    Big Promise, Bigger Hurdles in the Race to Democratize Investing

    18/07/2025

    Global markets aren’t buying Trump’s tariff threats this time

    18/07/2025

    Bitcoin Exchange Binance Announces It Removed 5 Altcoins From Its Watchlist And Seed Tag List! What Does This Mean? Here Are The Details

    18/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Exchange-run launchpads average 10x gains but face scrutiny over steep valuations, opaque models

    18/07/2025

    MOEX to offer futures tracking the value of Ethereum

    18/07/2025

    Binance, KuCoin & Upbit Volumes Tank as Traders Flock to Decentralized Exchanges

    18/07/2025

    eToro Enters Singapore amid Approval of MAS Licence

    18/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    CARV Joins Anomaly Games to Redefine AI-Led Gaming Interoperability

    18/07/2025

    GaFin Joins Efforts with Helium Wars to Redefine the Future of Web3 Gaming

    16/07/2025

    Crypto games are struggling in 2025, but big brands aren’t giving up

    15/07/2025

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    15/07/2025

    U.S.-Listed Bitcoin Miners Reach New Peak Share of Global Hashrate

    17/07/2025

    French lawmakers say country could generate $150M in annual revenue from Bitcoin mining

    17/07/2025

    Bitcoin Mempool Emptiness Sparks Network Security Concerns

    16/07/2025

    All-Time High Mining Difficulty, Quiet Google Trends—Is This the ‘Mature’ Bitcoin Bull Market?

    15/07/2025

    US President Donald Trump Makes Hot Remarks on Cryptocurrencies – Shares a Long Statement

    18/07/2025

    Here’s All The Bills Being Introduced In The U.S., Their Potential Impact, And All You Need To…

    18/07/2025

    Trump Vows to Push for New Crypto Bills in Congress

    18/07/2025

    NTS Unveils Tough Stance Against Digital Asset Tax Evasion

    18/07/2025

    Will ETH Pull Back to $2.8K Before Next Leg Up?

    18/07/2025

    BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

    18/07/2025

    Solana ETF bump fizzles after $161 price spike

    18/07/2025

    US President Donald Trump Makes Hot Remarks on Cryptocurrencies – Shares a Long Statement

    18/07/2025
  • MarketCap
NBTC News
Home»Blockchain»Scroll announces OpenVM, a new zkVM
Blockchain

Scroll announces OpenVM, a new zkVM

NBTCBy NBTC20/12/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Today, Scroll, Axiom, developer Max Gillet and the Ethereum Foundation’s Privacy & Scaling Explorations (PSE) team are announcing OpenVM, an open-source zkVM framework for instant proving.

OpenVM will be adopted by the Scroll L2 as its zkVM, and plans to validate mainnet blocks in coming months. This transitions Scroll from a currently Type-3 to a Type-1 zkEVM — the most fully Ethereum-equivalent zkEVM type.

Scroll’s upgrade to a Stage-1 rollup with a fully functioning proof system will follow soon thereafter.

According to a press release, Scroll’s decision to design a new zkVM from the ground up was driven by a belief that many existing zkVM solutions were “monolithic” and “locking developers into vertically integrated stacks.”

OpenVM’s open-source and modular architecture would enable Scroll to introduce features without making changes to the underlying circuit, and developers to benefit from zkVM improvements without having to modify application code.

The state of ZK

OpenVM joins a market already crowded with zkVMs. Unlike traditional virtual machines, zkVMs are designed to compile and execute smart contracts into zero-knowledge proofs in a secure and private way that does not reveal underlying data.

Today, the zkVM market carries at least a dozen different zkVMs, such as RISC Zero “RISC0” and Succinct’s “SP1.”

Source: Electric Capital

As seen in the below chart, proofs submitted to Ethereum mainnet saw a peak in December 2023, largely coming from zk rollups like Linea, ZKsync and Scroll, rather than applications. Proof volumes saw a drop in 2024, largely due to two factors.

One, proof generation has been increasingly batched using recursive proof aggregation — a technique that verifies multiple proofs within one proof — to reduce costs.

Souce: zkstats.io

Second, proof verification is getting more efficient, so costs are steeply declining from just a year ago.

Prover networks like Risc Zero’s “Boundless” and Fermah have also helped apps and rollups to bring zk-proving costs down. These networks allow teams to outsource proof generation to specialized hardware providers with ASICs and GPUs that compete to generate zk proofs cheaply.

Based on Electric Capital’s recent developer report, there are 2,054 monthly active developers working in zk. The use of zk has seen tremendous growth, with zk contract deployments growing from 40 to 639 today over the last four years.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Galxe and 0G Labs Team Up to Build Powerful Web3 dApps With AI and Blockchain

18/07/2025

Solana and BNB Behind Blockchain’s Biggest Week Yet — Everything to Know

18/07/2025

Grvt Launches On-Chain Investment Marketplace

18/07/2025

Bitkub Exchange Collaborates with Delorean Labs for RWA Innovation and Tokenized Mobility

18/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Will ETH Pull Back to $2.8K Before Next Leg Up?

18/07/2025

BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

18/07/2025

Solana ETF bump fizzles after $161 price spike

18/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.