- A16z Crypto unveiled Jolt, a “zkVM” solution.
- Jolt will make use of SNARKs, providing a roll-up architecture.
The venture capital firm Andreessen Horowitz’s cryptocurrency-focused subsidiary, A16z Crypto, has unveiled Jolt, a zero-knowledge solution that it refers to as a “zkVM,” with the goal of streamlining and expediting blockchain scaling operations.
Succinct Non-Interactive Arguments of Knowledge (SNARKs) are a kind of zero-knowledge proof that are integrated into Jolt and allow scalable ZK-rollups in the Layer 2 domain.
Jolt is defined as a revolutionary approach to virtual machine construction validated by SNARKs. The company claims that this could make it possible for developers to quickly produce SNARK-based Layer 2 solutions.
Jolt is “up to 2X faster” than the existing zkVMs, according to the team.
Beyond only speed gains, the company said that Jolt’s new design philosophy makes it simpler for developers to extend and much easy to audit, which increases security.
Blockchains are able to offload a significant amount of processing thanks to SNARK-based solutions. With the use of this technique, computations are guaranteed to be compressed and verified rapidly, saving the verifier from having to do the calculations themselves.
Lasso uses a “lookup argument,” which Jolt works with to create a quick prover mechanism for rollups.
Because it allows complex actions to be executed off-chain while maintaining on-chain verification, this kind of mechanism is essential for improving the scalability of blockchain systems. This covers possible applications in cross-chain bridges, Layer 2 blockchains, and other domains where reliable, efficient processing is essential.
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