Alt ZK solutions can save Ethereum | Opinion

2025/06/22 16:51

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.

Ethereum (ETH) stands at a crossroads. Zero-knowledge proofs, or ZKPs for short, are set to become the backbone of a privacy-preserving, scalable blockchain future, with estimates predicting 90 billion proofs generated annually by 2030. Yet Ethereum’s main chain, even with its remarkable evolution, simply cannot handle this deluge. The gas costs and block space constraints make onchain verification completely impractical, like trying to fit an ocean through a straw. 

Just as alternative data availability, or DA for short, layers like Celestia and Avail emerged to solve Ethereum’s scaling woes a few years ago, we now need alternative ZK proof verification methods to keep pace with this incoming tsunami of demand. History suggests the pragmatists will prevail.

The ZKP explosion is coming, and Ethereum isn’t ready

Zero-knowledge proofs have moved beyond niche tech to become a key pillar of blockchain privacy and scalability. From ZK-rollups powering high-throughput layer-2s to privacy-focused dApps, ZKPs are embedding themselves into the fabric of web3. Research from Protocol Labs estimates that by 2030, the number of ZK proofs generated could balloon to 90 billion annually as ZK use cases proliferate, like client-side proving on phones or AI-driven DeFi protocols. This isn’t speculation; it’s a forecast based on the accelerating adoption of ZK technology.

Here’s the rub: currently, Ethereum can’t keep up with that demand. If it dedicated every ounce of its capacity—30 million gas units per block—to verifying ZKPs (assuming 200,000 gas per proof), it could handle roughly 150 million proofs per year with roughly half-filled block space. That’s less than 0.2% of the projected 90 billion. 

Even if you halve the estimate, Ethereum’s L1 is woefully inadequate for this task in its current form. Gas prices would skyrocket, turning proof verification into a luxury few could afford. While there are plans to improve the network as an environment for cryptography, the Ethereum roadmap moves slowly, and it might take years. We need a better solution to handle the incoming proof deluge.

Alt DA paved the way, and ZK proof verification can follow

Ethereum has faced scaling crises before, and the community has adapted. A few years ago, rollups emerged as a lifeline, but they hit a bottleneck: data availability. Posting transaction data to Ethereum’s L1 was costly and inefficient, threatening to choke L2 growth. The community was split—purists insisted everything stay onchain for security, while pragmatists pushed for alternative DA layers. Then projects like Celestia and Avail stepped in, offering dedicated blockchains to handle data storage off-chain and slashing costs by orders of magnitude. Despite early pushback, alt DA is now integral to the Ethereum roadmap and embraced by rollups and RaaS providers alike.

ZK proof verification faces a similar inflection point. Today’s stopgap, proof aggregation, mirrors the pre-alt-DA era’s band-aids. Aggregators batch hundreds of proofs into a single “super proof” for Ethereum verification, reducing costs but introducing latency. Some batches take hours or even a day to settle, a far cry from the instant finality ZK-rollups promise. Worse, users must trust these aggregators, which often lack skin in the game—no staked tokens, so no slashing for misbehavior. 

It’s a shaky foundation for a trustless ecosystem. This is why alternative verification layers, like zkVerify, offer a blockchain-based alternative: fast, cheap, and secured by proof-of-stake incentives. The parallel to alt DA isn’t just rhetorical—it’s proven to work.

The cost of sticking to the status quo

Without alternative proof verification, the future looks grim. Verifying a single Groth16 proof on Ethereum today can cost $10 at moderate gas prices (30 gwei, $1,500 ETH). Multiply that by 90 billion, and you’re looking at a trillion-dollar problem by 2030—an absurdity no blockchain can sustain. 

Even with aggregation, costs remain volatile when tied to Ethereum’s gas market, and the latency issue undermines high-throughput use cases like real-time DeFi or gaming. Purists argue that off-chain verification sacrifices security, but they’re overlooking the concessions already made: trusting aggregators with no stake, or converting STARK proofs into SNARKs for Ethereum compatibility, which add complexity and cost.

Contrast this with a modular approach. A dedicated verification chain can slash costs by 90%, while sidestepping Ethereum’s gas spikes and supporting native STARK verification. It’s not just about savings; it’s about unlocking innovation. For instance, client-side proving (where users generate proofs on their devices) could explode if verification weren’t a bottleneck. Imagine billions of phones churning out ZKPs for private identity or microtransactions; that’s what client-side proving enables. Ethereum can’t host that party, but an alt verification layer can.

Overcoming the purist pushback

The Ethereum community’s hesitation isn’t new. When alt DA debuted, critics cried foul, claiming it diluted L1’s security. Yet, the sky didn’t fall. Rollups thrived, fees plummeted, and Ethereum’s ecosystem grew stronger. Today’s ZK skeptics echo that refrain: “Verification must stay on Ethereum for trustlessness.” But trustlessness isn’t binary. Aggregators already introduce trust assumptions, and Ethereum’s precompile limitations also force trade-offs. A proof-of-stake ZKP verification chain with staked tokens and slashing mechanisms offers accountability aggregators lack. It’s not a step down from Ethereum’s security—it’s a lateral move tailored to ZK’s unique demands.

Vitalik Buterin’s early writings on ZK-SNARKs foresaw their dominance, predicting ZK-rollups would eventually outpace optimistic ones. He was right about the tech; now it’s time to scale it. The Dencun upgrade (EIP-4844) proved Ethereum can evolve with modular solutions; blobs cut DA costs dramatically. Alt ZK proof verification is the next logical step, consistent with the long-term Ethereum vision.

A call to action before the wave hits

The ZKP wave is coming, whether we’re ready or not. If a killer app sparks mass adoption, like a privacy-preserving social network or an AI-driven trading platform, Ethereum will buckle under the proof load. 

We can’t wait for a crisis before taking action. Alternative ZK verification layers are becoming a necessity, and early movers like zkVerify are already building them. The Ethereum community must shed nostalgia for monolithic designs and embrace modularity, just as it did with DA.

By 2030, 90 billion proofs could redefine web3, unlocking privacy, efficiency, and scale. But only if we act now. Let’s not repeat the congestion nightmares of yesteryear. Alt ZK proof verification isn’t just a fix—it’s the future Ethereum deserves.

John Camardo
John Camardo

John Camardo is the VP of Product at Horizen Labs, where he leads zkVerify, a chain-agnostic modular blockchain focused on efficient zero-knowledge proof verification. With over a decade of experience in product management and data-driven innovation, John previously held senior roles at Capital One, where he identified multi-million dollar opportunities in commercial banking and led cross-functional teams to develop data-centric products. At Horizen Labs, he has progressed from Product Manager to VP, shaping the company’s ZK product strategy. John holds a Bachelor’s degree in Operations Research and Information Engineering from Cornell University and is passionate about building scalable, cryptography-powered systems that solve real-world challenges.

Clause de non-responsabilité : les articles republiés sur ce site proviennent de plateformes publiques et sont fournis à titre informatif uniquement. Ils ne reflètent pas nécessairement les opinions de MEXC. Tous les droits restent la propriété des auteurs d’origine. Si vous estimez qu'un contenu porte atteinte aux droits d'un tiers, veuillez contacter service@support.mexc.com pour demander sa suppression. MEXC ne garantit ni l'exactitude, ni l'exhaustivité, ni l'actualité des contenus, et décline toute responsabilité quant aux actions entreprises sur la base des informations fournies. Ces contenus ne constituent pas des conseils financiers, juridiques ou professionnels, et ne doivent pas être interprétés comme une recommandation ou une approbation de la part de MEXC.

Vous aimerez peut-être aussi

Stablecoin Surge: Market Cap Hits Record $228B in 2025 Amid Trading Boom and Trump-Era Clarity

Stablecoin Surge: Market Cap Hits Record $228B in 2025 Amid Trading Boom and Trump-Era Clarity

The stablecoin market is booming again in 2025, with total market capitalization reaching a new all-time high of $228 billion, according to a report by CryptoQuant. That marks a $33 billion increase so far this year, a 17% rise, driven by renewed crypto trading activity, growing use in payments, and increased regulatory clarity in the United States under President Donald Trump. Source: CryptoQuant . USDT and USDC Lead $33B Market Cap Jump According to the report, Tether (USDT) and Circle’s USDC continue to lead the market. USDT now holds a $155 billion market cap, up $18 billion year-to-date. USDC has gained $17 billion, climbing to a record high of $61 billion, an increase of 39% since January. On centralized exchanges, stablecoin reserves are also surging. The total value of ERC-20 stablecoins held on exchanges has reached $50 billion. Stablecoins are booming again. Market cap hit a record $228B, up $33B (+17%) in 2025. Driven by rising trading activity, growing payment use, and clearer U.S. regulation under Trump. pic.twitter.com/76zKj49UWB — CryptoQuant.com (@cryptoquant_com) June 12, 2025 USDC reserves in particular have grown 1.6 times in 2025 alone, now totaling around $8 billion. This influx supports deeper liquidity for crypto markets. The report also noted that stablecoins are bouncing back in the yield-bearing segment. These are stablecoins that pay interest to holders, often used in DeFi. The value of staked stablecoins has reached $6.9 billion, up 28% since late May. Most of that growth has come from rising demand for sUSDe and sUSDs, which gained $1.23 billion and $700 million in market cap, respectively. A recent report from on-chain data platforms Artemis and Dune shows broader user adoption. According to the report, titled “The State of Stablecoins 2025,” active stablecoin wallets rose from 19.6 million to 30 million over the past year, a 53% increase. The report said the data “suggests wider user engagement” and pointed to stablecoins becoming a key part of digital finance. It also noted that stablecoins are increasingly used in decentralized finance (DeFi), gaming, and NFTs. “Stablecoins have emerged as a bridge between traditional finance and crypto,” it said, “and are becoming a core piece of payment and settlement infrastructure.” This surge in usage is also supported by the rise in real-world payment activity. Data from Artemis shows $94.2 billion in stablecoin transactions were settled between January 2023 and February 2025. Business-to-business (B2B) payments made up the largest chunk, reaching an annual run rate of $36 billion. Card-linked payments using stablecoins crossed $13 billion in volume. Stablecoin Legislation Gains Ground as Tech and Finance Giants Pile In Increased demand has also come alongside progress on the regulatory front. For example, the U.S. Senate advanced the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or GENIUS Act this week. Backed by President Trump, the bill is designed to create a federal framework for dollar-backed stablecoins. The legislation would require stablecoins to be fully backed by U.S. dollars or highly liquid assets. It would also mandate annual audits for issuers with over $50 billion in market cap, and include requirements for foreign issuers. 🚨 The U.S. Senate Set for Historic Stablecoin Showdown as GENIUS Act nears final vote. #Stablecoins #GeniusAct https://t.co/ZJ59XzuQcn — Cryptonews.com (@cryptonews) June 11, 2025 The Senate voted 68-30 to invoke cloture on the bill , clearing the way for final debate and vote. “This did not happen by accident,” said Senator Tim Scott, one of the bill’s co-sponsors. “To those who said Washington could not act… let’s prove them wrong.” Treasury Secretary Scott Bessent backed the legislation during a Wednesday Senate hearing. He said stablecoins could play a major role in expanding the use of the U.S. dollar globally. “I think $2 trillion is a very reasonable number,” Bessent said, referring to an estimate that the stablecoin market could exceed that level by 2028. “I could see it greatly exceeding that.” 🇺🇸 BREAKING – U.S. Treasury Secretary Bessent: – Stablecoin regulations backed by U.S. Treasuries will expand global USD usage – We could see stablecoin demand exceed $2 TRILLION This is massive for crypto. Regulated stablecoins = institutional trust Institutional trust =… pic.twitter.com/inZh9maAwW — @CryptoELlTES (@CryptooELITES) June 12, 2025 The GENIUS Act appears to be pushing traditional finance further into the stablecoin space. Large U.S. banks, including JPMorgan, Citigroup, Wells Fargo, and Bank of America, are reportedly exploring a joint stablecoin project. Meanwhile, USDC issuer Circle went public earlier this month, with shares jumping 160% on their first day of trading . 🔴 @Circle the company behind the USDC stablecoin, made a dramatic entrance on the NYSE with its shares surging as much as 160% during its trading debut. #Circle #NYSE https://t.co/EJQJ4Yy3m3 — Cryptonews.com (@cryptonews) June 5, 2025 Tech firms are also watching closely. According to Fortune , Apple, Google, Airbnb, and Elon Musk’s X are all exploring stablecoin integrations. Google has already processed two stablecoin payments. 🍎 Apple, X, and Airbnb are in early talks with crypto firms to integrate stablecoin payments. #apple #google #stablecoin https://t.co/gmEbx3i4PN — Cryptonews.com (@cryptonews) June 6, 2025 Airbnb has held talks with Worldpay to cut credit card fees using stablecoins. X is reportedly planning to include stablecoins in its X Money app.
Partager
CryptoNews2025/06/13 08:05