Lubin: Ethereum to Go Fully ZK-Proven Within 3-5 Years
Consensys CEO Joseph Lubin frames the ZK pivot as the unlock for ETH at $10,000, arguing scaling the base layer is the precondition for everything else Ethereum wants to be.
Ethereum is a decentralized, open-source blockchain platform designed to support smart contracts and decentralized applications without the control of any central authority. Often described as a programmable global computer, it allows developers to build a wide range of on-chain services, from financial protocols and NFT marketplaces to gaming platforms, using self-executing programs written primarily in Solidity. These smart contracts run on the Ethereum Virtual Machine, which is maintained by a global network of independent nodes. The native asset, Ether (ETH), functions as the network's currency. It is used to pay transaction fees, commonly referred to as gas, and must be staked by validators who propose and confirm blocks. In September 2022, Ethereum transitioned from Proof of Work to Proof of Stake through an event known as the Merge, reducing its energy consumption by more than 99 percent. An earlier upgrade, EIP-1559, introduced a fee-burning mechanism that can offset issuance during periods of high activity. Ethereum was proposed in 2013 by Vitalik Buterin, alongside several co-founders, and launched in July 2015. It belongs to the Smart Contract Platform and Layer 1 categories, and remains the largest ecosystem for decentralized application development.
Consensys CEO Joseph Lubin frames the ZK pivot as the unlock for ETH at $10,000, arguing scaling the base layer is the precondition for everything else Ethereum wants to be.
The booking — over a job-placement favour to a lawmaker's son — is reputational damage the exchange doesn't need while Korean regulators are already tightening the screws on the sector.
Each token is backed by a physical gram of gold in a Singapore vault, and DBS will run the entire stack in-house — the move widens retail access to a market where the bank's wealthy clients have…
Extreme Fear still dominates the index at 12, but BTC and ETH both posted 2%+ gains as the market absorbed a higher-than-expected CPI without breaking trend support.
Grayscale's BTC Mini Trust posted the single biggest inflow of the session, but the $214M aggregate Bitcoin ETF outflow and the first Ether ETF pullback in days show institutional appetite cooling…
The 0.2% core print was dovish enough to spark a bounce, yet a hot 4.2% headline and a $1.8T SpaceX IPO reframed the tape — capital rotated back to BTC while ETH, SOL and XRP stayed deep in the red.
Tom Lee's Bitmine has acquired $41 million worth of Ethereum, with onchain data confirming the purchase as part of what…
Tom Lee's Bitmine bought another 25,000 ETH — bringing its three-day stack to 125,000 ETH worth $206M — straight off institutional custodian BitGo, a flow pattern that points to a treasury desk, not…
May CPI prints more than double the Fed's target, lifting rate-hike odds and pinning Bitcoin to a range while 90% of altcoins lose the liquidity bid that fueled the last cycle.
Iran has announced a full shutdown of the Strait of Hormuz following US military strikes, in a move that threatens to…
The reading matches prior cycle bottoms in 2015, 2019, 2020, and 2022 — and historically, total crypto market cap has been higher 100% of the time three months and one year later.
Two competing visions are surfacing in parallel: pERC-20 keeps token transfers private while preserving supply transparency, and Starknet's STRK20 pushes confidentiality into DeFi itself.
Crypto advocates in the United Kingdom are pushing back against restrictions imposed by major banks on transfers to…
A May 18 Citi note and a Google Quantum AI paper converge on the same conclusion: bitcoin's governance moves too slowly to outrun a Shor's algorithm attack that could derive a private key in under 10…
More than 30 firms — Coinbase, Stripe, Adyen, Ripple, OKX — joined day one, with agent credentials recorded on Polygon, Solana and Base as the network stakes its claim on agentic commerce.
MNX, a futures exchange being built on the MegaETH blockchain, has closed a $6.4 million pre-seed round at a $40…
Ethereum co-founder Joe Lubin has put a concrete timeline on one of the network's most ambitious long-term goals: a…
A freshly created address staked 3M USDC on a single leveraged bet with a $1,571 liquidation line — HyperLiquid's largest directional ETH position of the day so far.
Not a smart-contract bug — a single developer laptop compromised by malware exposed the admin hot wallet plus six Safe owner keys across Ethereum and BSC, draining over $31M.
Santiment's social-sentiment metric for $ETH slid into an extreme fear zone this week — historically a zone where retail selling pressure has already exhausted and recoveries have started.
Ethereum is a global, open-source platform for decentralized applications.
Ethereum (ETH) launched on 2015-07-30.
Ethereum (ETH) is categorised as: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem.
The official Ethereum site is https://www.ethereum.org/.
Most recent Ethereum coverage: "Lubin: Ethereum to Go Fully ZK-Proven Within 3-5 Years" — read at /en-US/a/lubin-eth-goes-full-zk-proof-in-3-5-years-eyes-10k-price.