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LINK $9.38 -1.56%
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AAVE $85.33 -0.79%
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a16z crypto launches new SNARK-based technologies Lasso and Jolt

2023-08-10 23:11:54
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ChainCatcher news, Andreessen Horowitz's cryptocurrency division a16z crypto has launched two new SNARK-based technologies, Lasso and Jolt, providing a more efficient approach to SNARK design that could make it faster and easier for developers to understand, potentially facilitating the development of ZK-rollups in Layer 2.

The article states that Lasso employs a "lookup parameter" mechanism, which is beneficial for faster zero-knowledge proofs. Jolt is a framework specifically designed for Roll-ups compatible with the Ethereum Virtual Machine. It is described as a novel method that utilizes Lasso to build a SNARK VM (a virtual machine executing through SNARK proofs).

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